role of different stakeholders and FINANCIAL MECHANISM

ROLE OF BUSINESS IN THE DEVELOPMENT OF
ANCILLARY INFRASTRUCTURE. PUBLIC-PRIVATE PARTNERSHIP (PPP)
IN THE CONCEPT OF MODEL HIGHWAY INITIATIVE
Relations between participants within PublicPrivate Partnerships and various types of PPPs in
the transportation industry
Report by Juliette Passer, Esq., for International Project
Development Group and PanaManagement Corporation, NY,
USA in Batumi, Georgia October 10, 2011
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
A public private partnership for infrastructure services has
four key characteristics:
it involves an efficacious sharing of risk between public and
private sector;
• it provides a public service;
• it offers value for money; and
• it is a long term partnership over many years.
•
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
The World Bank Database, for example, identifies four types
of projects:
Management and Lease Contracts;
Concessions;
Greenfield projects; and
Divestitures
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
For both highway and transit modes, private contract services
represent the most common form of private sector
involvement in surface transportation project and service
delivery. For the highway mode this includes contract
planning, an environmental studies, facility and right-of way
maintenance, and operations, including the operation of
transportation management centers and various related
services. Transit agencies have long contracted for the
operation of some or all of its modal services with the private
sector.
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Concession PPP
Long term concession or lease agreements typically involve
the lease of publicly financed facilities to a private sector
concession team which provides full facility services for a
specified time period. Under the concession lease, the private
sector team agrees to pay an upfront fee to the public agency
in order to obtain the rights to collect the revenue generated
by the facility for a defined period of time (usually from 25 to
99 years).
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Major Types of Transportation PPPs and Risks
High Высокие
Asset Sale
Продажа активов
Full Service Long-Term Concession or Lease
Полная долгосрочная концессия или лизинг
Multimodal Agreement (Public-Public Partnership)
Мультимодальные соглашения
(Государственно-частное партнёрство)
Joint Development Agreement (JDA – pre – development)
Совместное соглашение по развитию (стадия подготовки)
Transit – Oriented Development (TOD – post – development)
Развитие на условиях передачи
Build – Own – Operate (BOO)
Заключение договора на строительство
и эксплуатацию с правом собственности (ВОО)
Build – Own – Operate – Transfer (BOOT)
Build – Transfer – Operate (BTO)
Заключение договора на строительство,
передачу и эксплуатацию (ВТО)
Alternative Project
Delivery Approaches
Build – Operate – Transfer (BOT)
Заключение договора на строительство,
эксплуатацию и передачу (ВОТ)
Альтернативные подходы
к реализации проектов
Design – Build – Finance – Operate (DBFO)
Заключение договора на разработку,
строительство, финансирование
и эксплуатацию (DBFO)
Design – Build – Operate – Maintain (DBOM)
Заключение договора на разработку, строительство,
и эксплуатацию (DBOM)
Design – Build with Warranty (DB-W)
Degree of Private Sector Responsibility and Risk
Заключение договора на строительство,
владение, эксплуатацию и передачу (ВООТ)
Заключение договора на разработку
и строительство с гарантией (DB-W)
Design – Build (DB)
Заключение договора на разработку и строительство(DB)
Construction Manager at Risk (CM@Risk)
Заключение договора на oтветственность строителей
Contract Maintenance
Поддержка контракта
Fee - Based Contract Service
Услуги по фиксированным ставкам
Low Низкие
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Правительство
Инвестиции
и субсидии
Регулирование:
Установление тарифов,
Стандартов сервиса
Мониторинг состояния
окружающей среды
Утверждение
Предоставление
отчётов
Поставщик государственных услуг
Менеджмент
Тариф
Частный оператор
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Government
Investment
& Subsidy
Regulation:
Tariff setting
Service standards
Environmental monitoring
Approvals
Reporting
Public Service Provider
Management
Tariff
Private Operator
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Правительство
Разрешения на осуществление инвестиций
Регулирование:
Установление тарифов,
Стандартов сервиса,
Мониторинг окружающей среды
Компания, владеющая активами
Планирование
Аренда/Лизинговый контракт
* Целевые показатели
деятельности
* Переменные ставки
Предоставление отчётов
Арендатор/Лизингодатель
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Government
Investment Approvals
Regulation:
Tariff setting
Service standards
Environmental monitoring
Asset Company
Planning
Affermage/Lease contract
* Performance targets
* Variable Fees
Reporting
Fermier/Lessee
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Правительство
Регулирование:
Установление тарифов,
Стандартов сервиса
Мониторинг
окружающей среды
Договор концессии
Предоставление
отчётов
Концессионер
Кредиторы
Финансы/доля капитала
Услуги
Доход
Держатели
акций
Потребители
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Government
Regulation:
Tariff setting
Service standards
Environmental monitoring
Concession contract
Reporting
Concessionaire
Lenders
Finance/Equity
Shareholders
Services
Revenues
Consumers
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Возможный доход
от инвестиций
Частная фирма-застройщик
Правительство/Общественные
органы
Инвестиции в капитал
BOT
Доход
Услуги
Тарифы
Потребители
(Напрямую или
через
посредников)
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
Eventual Return of
Investment
Government/Public Utility
Private Developer
Capital Investment
BOT
Revenues
Services
Tariffs
Consumers
(Directly or
through
Distributor)
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
IPDG LLC, a New York limited liability company,
was founded in 1996 by Juliette M. Passer, as its
President and General Counsel, a New York licensed attorney
with over 20 years of broad international transactional
experience, fluent in the Russian and Ukrainian languages. Ms
Passer is a member of the Council on Foreign Relations and
serves on boards of several companies. She is listed in Who’s
Who in American Law and Who’s Who in American Women.
The company provides legal and financial consulting to both
US and foreign clients involved in many industries. Its
associates have an average of over 15 years of experience at
major US firms in financial services, investment banking,
marketing and management consulting. The clients of IPDG
receive personalized and effective representation based on
combination of major firms experience and quality at highly
competitive rates.
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060
PanaManagement Corporation provides legal and
business consulting to both US and foreign clients involved in
many industries in transactions in such sectors as aviation,
aircraft leasing, transportation, pharmaceuticals,
petrochemicals, telecommunications, real estate development,
technology transfer, information technology (IT) and the
Internet, advertising, clothing manufacturing, defense
conversion, energy production and conversion, entertainment,
non-profit organizations. Together with its affiliated companies,
our associates have combined experience of over 20 years at
international and US firms in legal services, strategic business
consulting, marketing, and management consulting.
International Project Development Group
New York Office:
Telephone: 212-541-3909
Panamá City Office:
Telephone: +507-269-0060