Highways development

Public Private Partnerships (PPP)

contact: John Deighton (Advice to lenders)

The procurement of infrastructure is increasingly involving internationally the private sector in the funding of projects through Public Private Partnerships (PPP). Halcrow has extensive experience in providing quality services to promoters, concessionaires /SPV and bank lenders.

For the promoter, Halcrow:

	evaluates suitability for PPP
	advises on the balance of private sector/government participation
	advises on procurement procedures, concession periods and toll regimes
	establishes model contracts and develops payment mechanisms
	develops specifications for design, construction, operation and maintenance
	devises public sector comparison estimates
	manages quality systems
	acts as employer's agent/representative
	undertakes technical and financial audits

For the concessionaire / SPV bidder, Halcrow:

	leads and advises consortia in bidding for PPP projects
	undertakes revenue forecasting
	designs and advises contractors
	advises on operation and maintenance

For the bank lender, Halcrow provides:

	technical due diligence
	negotiation and syndication support
	focused construction and operation monitoring