Yescombe / Farquharson Public-Private Partnerships for Infrastructure: Principles of Policy and Finance

2. Auflage 2018
ISBN: 978-0-08-100766-2
Verlag: BUTTERWORTH HEINEMANN

Yescombe / Farquharson Public-Private Partnerships for Infrastructure: Principles of Policy and Finance

Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook:

- Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table
- Emphasises a step-by-step approach within a comprehensive, cross-referenced format
- Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required
- Provides detailed reference points for more experienced practitioners
- Draws from the authors' experience and practice in  PPP markets worldwide to provide a perspective on practical application of the key underlying principles
- Includes an extensive glossary of technical and financial terms used in the PPP sector



- Includes more technical information and a stronger legal perspective than other books
- Emphasizes a step-by-step approach within a comprehensive, cross-referenced format
- Expands and updates the historical backgrounds and political contexts of public-private partnerships

Zielgruppe

Private sector investors and lenders who want to learn about public-private partnerships.  Upper-division undergraduates and graduate students studying the financing of large projects.  These students are typically interested in public policy issues and in structured finance, a portfolio of techniques usually implemented by large corporations and commercial banks.

Autoren/Hrsg.

Yescombe, E. R.

Farquharson, Edward

Fachgebiete

• Rechtswissenschaften Öffentliches Recht Verwaltungsrecht Verwaltungspraxis Public Private Partnership
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen

Inhaltsverzeichnis

Part I: Introduction 1. Overview 2. What Are Public-Private Partnerships? 3. Cash Flow and Investment Analysis Part II: The Public-Sector Perspective 4. Policy, Legal and Institutional Frameworks 5. The Project Cycle 6. Public-Sector Project Management 7. Assessing Needs, Project Definition and Selection 8. The PPP Decision-Value for Money 9. The PPP Decision-Affordability, Budgeting and Reporting 10. PPP Procurement Part III: PPP Risk Analysis and Allocation 11. Risk Analysis-Theory and Methodologies 12. Risk Allocation-Construction Phase 13. Risk Allocation-Operation Phase 14. The Rôle of Insurance Part IV: The PPP Contract 15. Service-Fee Payment Mechanism 16. Changes in Circumstances 17. Termination 18. Public-Sector Support for PPP Contracts 19. Public-Sector Contract Management Part V: The Private-Sector Perspective 20. Sponsors and Other Investors 21. Project Finance and PPPs 22. Project-Finance Debt-Sources and Procedures 23. Financial Structuring 24. Macroeconomic Risks and Hedging 25. Lenders' Cash-Flow Controls, Security and Enforcement 26. Debt Refinancing and Equity Sale Part VI: Alternative Models - Summing Up 27. Alternative Models 28. PPPs-For and Against

Über Autor(innen)

Yescombe, E. R.
E.R. Yescombe is an independent consultant on project finance and public-private partnerships (PPPs), advising investors on financing for power, infrastructure and PPP projects, as well as public-sector entities on PPP policy issues, project procurement and contracting.