PPP methodology JSamuelRichards

J.Samuel Richards helps you produce a comprehensive feasibility study for the Project using a Public Sector Comparator (“PSC”) and Public Private Partnership (“PPP”) reference models.  This enables the client to determine the full project cycle costs, affordability limits, risks and their costs and optimal value-for-money methods of delivery.  The feasibility study will include the following:

  • Introduction
  • Section 1 - Needs analysis
  • Section 2 - Solution options analysis
  • Section 3 - Project due diligence
  • Section 4 - Value assessment
  • Section 5 - Economic valuation
  • Section 6 - Procurement plan

PPP PROCUREMENT: If, on the basis of the feasibility study, a PPP solution is decided upon, J.Samuel Richards will provide the necessary technical, legal and financial advisory support for the procurement of a private partner.  This will be in compliance with all elements of the relevant PPP laws and regulations.  J.Samuel Richards helps the client to manage the procurement process for securing contracts with a private party.  All this needs to be in accordance with the systems and standards set out for PPPs in relevant country laws and regulations

J.Samuel Richards will then have to deliver the following:

  1. Approval and administration of the bidding process - preparing a complete set of procurement documents, complying with public sector procurement law, policies and guidelines, and in accordance with the tendering systems;
  2.  
  3. Detailed procurement plan - design a complete procurement plan and process, Based on applicable procurement requirements;
  4.  
  5. Pre-qualification - design and administer a pre-qualification process with the intention of:
    • ensuring that the client’s interest is communicated clearly to the market;
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    • determining the extent and nature of interest in the private sector;
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    • pre-qualifying a competitive number of competent consortia in an equitable and transparent way;
  6.  
  7. Bid evaluation criteria and bid process;
  8.  
  9. Request for proposals (“RFP”) - preparing an RFP document in accordance with best industry practice and applicable laws and regulations, consistent with the results of the feasibility study;
  10.  
  11. Draft PPP agreement - in close liaison with the client management, implementing the risk allocation regime and using best practice to maximize competition and keep pricing low, while protecting the client’s interests with a view to project implementation and manageability over the term of the project;
  12.  
  13. Client Approval - compiling all the documentation necessary for the client to obtain necessary approvals to enable the procurement process to begin;
  14.  
  15. Administration of the bidding process - providing all necessary administrative support to the client for the efficient and professional management of the bidding process; 
  16.  
  17. Evaluation of bids - A best and final offer (“BAFO”) process may be required; 
  18.  
  19. The Value-For-Money report and approval - comparing the Net Present Value (“NPV”) of the bids received with the NPV of the PSC for the project, with a suitable adjustment for risk assumed;
  20.  
  21. PPP Agreement negotiation, PPP Agreement management plan -  assist the client in final negotiations with the preferred bidder; and
  22.  
  23. PPP Agreement signature, close-out report, case study and financial closure.