International project finance [electronic resource] : the public-private partnership / Felix I. Lessambo.

Economic growth and development critically depends on the quality of infrastructure. Each aspect of the economy and its infrastructure are linked systemically. Public-Private Partnerships (PPPs) are increasingly being promoted as the solution to the shortfall in financing needed to achieve the Susta...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Lessambo, Felix I.
Format: Electronic eBook
Language:English
Published: Cham, Switzerland : Palgrave Macmillan, 2022.
Subjects:
Table of Contents:
  • Intro
  • Acknowledgments
  • Contents
  • Acronyms
  • List of Figures
  • List of Tables
  • 1 Introduction to Project Finance
  • 1.1 General
  • 1.2 Characteristics of Project Financing
  • 1.3 Public-Private Partnership Framework
  • 1.3.1 PPP Policy
  • 2 Project Financing and Direct Conventional Financing
  • 2.1 General
  • 2.2 Corporate Finance
  • 2.3 Traditional Procurement
  • 2.4 Project Finance
  • 2.5 Advantages and Disadvantages of Project Finance
  • 2.5.1 Advantages
  • 2.5.2 Disadvantages
  • 2.6 Evolution of Project Finance
  • 2.6.1 The Extractive and Oil Industry.
  • 2.6.2 The Natural Resource Industry
  • 2.6.3 The Power Industry & Beyond
  • 3 Sources of Project Funds
  • 3.1 General
  • 3.2 Sources of Funds
  • 3.3 Project Financing Participants
  • 3.4 Public-Private Partnerships
  • 3.5 Structuring Project Finance
  • 4 Bankability
  • 4.1 General
  • 4.2 Bankability Assessment
  • 4.2.1 Certainty of Revenue Stream
  • 4.2.2 Risk Factors
  • 4.2.2.1 Political Environment
  • 4.2.2.2 Economic Environment
  • 4.2.2.3 Legal System
  • 4.2.2.4 Regulatory Framework
  • 4.2.2.5 Environmental Risk
  • 4.2.2.6 Project Specificity
  • 4.2.2.7 Project Financial Structure.
  • 4.2.2.8 Third-Party Risk Allocation
  • 4.2.2.9 Contract Agreement
  • 4.3 Bankability Tradeoff
  • 5 Public Procurement: Laws and Regulations
  • 5.1 General
  • 5.2 Public Procurement Legal Framework
  • 5.3 Principles of Public Procurement
  • 5.3.1 Transparency
  • 5.3.2 Integrity
  • 5.3.3 Efficiency
  • 5.3.4 Fairness
  • 5.3.5 Openness
  • 5.3.6 Competition
  • 5.3.7 Accountability
  • 5.4 Public Procurement Cycle
  • 5.4.1 Competitive Tendering
  • 5.4.2 Pre-qualification of Bidders
  • 5.4.3 Processing and Evaluating Bids
  • 5.4.4 Making Award Recommendations
  • 5.4.5 Negotiating Contracts.
  • 5.4.6 Contract Award Letter and Signing the Contract
  • 5.5 Public Procurement Laws in the United States, EU, and China
  • 5.5.1 Public Procurement Laws in the United States
  • 5.5.2 Public Procurement Laws in the European Union
  • 5.5.3 Public Procurement Laws in China
  • 6 Assessment of Project's Viability and Analytical Tools
  • 6.1 General
  • 6.2 The Procurement Process
  • 6.3 The Six Assessment Areas
  • 6.3.1 Project Identification and PPP Screening
  • 6.3.2 Appraisal and Preparation Phase
  • 6.3.3 Structuring and Drafting Phase
  • 6.3.4 Tender Phase
  • 6.3.5 Contract Operational Management.
  • 6.3.6 Contract Finalization Management
  • 6.4 The Analytical Tools: Infrastructure Prioritization Framework
  • 6.4.1 Infrastructure Prioritization Framework
  • 7 The Identification and Management of Risks
  • 7.1 General
  • 7.2 Identification of Projects: Project Cycle
  • 7.3 Risk Assessment
  • 7.3.1 Risk Identification
  • 7.4 Risk Allocations
  • 7.4.1 The Project Sponsor
  • 7.4.2 The Lenders
  • 7.4.3 The Contractor
  • 7.4.4 The Suppliers
  • 7.4.5 The Customers
  • 7.4.6 The Project Company
  • 7.4.7 The Governments
  • 8 The Project Finance Contractual Arrangement
  • 8.1 General
  • 8.2 PPP Types.