BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1558@x8ti.com DTSTART;TZID=Europe/Madrid:20250421T090000 DTEND;TZID=Europe/Madrid:20250425T130000 DTSTAMP:20250102T213121Z URL:https://x8ti.com/event/ppp-pfi-economics-contracts-and-private-sector- finance-training-course-2/ SUMMARY:PPP PFI\, Economics\, Contracts and Private Sector Finance training course DESCRIPTION:Introduction\n\nPrivate Finance Initiatives (PFIs) are methods of providing funds for major capital investments. In such arrangements\, p rivate sector organizations are contracted to design\, build\, finance\, m anage and operate (in part or whole) public projects\, mainly infrastructu re projects of roads\, highways\, hospitals\, schools\, etc.\n\nUnder Priv ate Finance Initiatives\, the private sector company handles costs\, with its services leased to the public sector\; the public sector\, in turn\, p ays the private sector organization annually. In PFIs\, instead of receivi ng direct benefits of funding\, private sector companies earn through long -term investment and returns from the project.\n\nPFIs are intended to inc rease project efficiency and ensure timely completion and to share risks. Financial advisors\, such as investment banks\, manage the bidding\, negot iation and financing processes for these initiatives. Such initiatives are carried forth with the aim of sustenance because termination procedures f or such agreements are complex.\n\nPFIs help governments respond to the re quirement of greater capital investment in public infrastructure. They hav e enhanced forms of government contracting or outsourcing\, which could yi eld greater efficiency and value for money. The consortium in such arrange ments is guaranteed full return of costs and interests\, as well as return on investments.\n\nThe returns could be all or a percentage of the revenu e collected for the service. On the other hand\, the government may pay a periodic fee for the services. While such arrangements have many advantage s\, especially those related to service quality and efficiency to citizens \, there are a few significant drawbacks. One of these is the increased bu rden on taxpayers for interests and associated payments.\n\nPayments to th e private sector could sometimes include not only construction costs but a lso maintenance costs post-construction\, thus increasing overall costs in curred by taxpayers. Nevertheless\, given the advantages of Private Financ e Initiatives to the success of public sector projects and the related cos t implications that need to be looked into keenly\, it is very essential f or public as well as private sector employees to understand private financ e initiatives thoroughly so as to make the best of such initiatives and ad dress and mitigate the cost-related risks.\n\nThis Xcelerate Training Inst itute course will empower you with a thorough and in-depth understanding o f Private Finance Initiatives and their related benefits to the successful completion of public sector projects. The modules of this course cover va rious aspects of PFIs\, which will not only help you understand the advant ages of PFIs but also prepare you to minimize challenges and effectively m anage these to ensure timely and good-quality public sector project comple tion.\n\nLearning Objectives\n\n In-depth understanding of PFIs\, related principles\, techniques\, strategies\, advantages\, challenges\, etc.\n Knowledge of tools and techniques to make the best use of PFIs and effecti vely manage related risks\n The required understanding of when to use or opt for PFIs for public sector projects\n Adequate awareness as well as s kill to mitigate\, or at least reduce\, increase in taxpayer costs because of PFIs\n The required confidence\, skill and capability to drive PFIs o r proposals for PFIs in the organization\n The required experience\, know ledge and skill to influence or be part of the consortium responsible for managing the terms and conditions of contracts and agreements for such ass ociations\n A sense of pride and satisfaction from playing a pivotal role in the increase in customer satisfaction through on-time project completi on with high quality\n\nTraining Methodology\n\nXcelerate Training Institu te Solutions customizes each of its courses to suit the training audience and their professional backgrounds. Classroom sessions with presentations\ , as well as group discussions\, troubleshooting for questions\, group act ivities\, projects\, etc.\n\nensure two-way participation in the course. T rainees are also encouraged to share their experiences related to PFIs\, a nd issues\, concerns and best practices are discussed in detail by the tra iner.\n\nBenefits For Your Organization\n\n A workforce that is more skil led and equipped to handle and make decisions with regard to PFIs\n Bette r initiation and management of PFIs\n More appropriate decision making wi th regard to the type of public sector projects that should make use of op tions like PFIs\n Better management of public services and projects becau se of advanced technology\, skill and resource utilization from the privat e sector through the knowledge gained from the course\n Better risk manag ement because of a balanced understanding of possible risks and liabilitie s and their appropriate sharing among partners\n Reduced costs because of long-term funding through effective use of PFIs\n Timely completion of p ublic sector projects with good quality\n Increased customer satisfaction because of better services and timely completion of critical public secto r projects\n\nBenefits For You\n\n Better understanding\, awareness and k nowledge of PFIs and the related principles and theories\n Enhanced skill and capabilities to play a pivotal role in PFIs and related negotiations and dialogue\n Greater opportunities and platforms to demonstrate potenti al and talent to perform more challenging and critical roles and responsib ilities in one’s organization\n Better decision-making skills with rega rd to projects that need financing instruments like PFIs\n Increased expo sure and experience across both sectors\, thus expanding one’s scope for career growth and development\n Extreme satisfaction from fostering grea ter customer satisfaction by facilitating necessary financing instruments for critical public sector projects to be completed on time and with good quality\n\nTarget Audience \n\n Members of the top management of public a nd private sector organizations responsible for making decisions with rega rd to financing options for public sector projects\n Financers and other banking officials involved if such initiatives are opted for project compl etion\n Contract managers who play important roles in developing\, negoti ating and managing PFI contracts\n Tax authorities to manage or monitor c osts and taxes incurred by taxpayers as a result of PFI’s\n Legal autho rities and compliance experts to ensure that all contracts and agreements are abiding the law and compliant with expected universal standards\n Any other private or public sector professional who are part of agreements re lated to PFIs or who would like to play roles in PFI associations\n\nCours e Outline\n\nParties Involved in Private Finance Initiatives (Private Fina nce Initiatives)\n\n Awarding authority\n Special purpose vehicle\n Thi rd-party funders\n\nSteps in Private Finance Initiatives\n\n Establishmen t and definition of service need\n Assessment of PFI applicability\n Ten dering and negotiation process\n Contract negotiation with preferred bidd er\n Construction by private consortium\n Private supply of public servi ce\n\nKey Principles of Private Finance Initiatives\n\n Purchase of servi ces not assets\n Value-for-money to public sector\n Project risk managem ent between the private and public sectors\n Utilization of private secto r expertise and know-how\n Incorporation of whole life costing in infrast ructure projects\n\nKey Drivers of Value-For-Money in Private Finance Init iatives\n\n Risk transfer from public to private sector\n Long-term natu re of contracts\n Output-based service specifications\n Reduced costs of capital and services (competitive bidding)\n Performance assessment for private sector accountability towards results\n Increased operational eff iciencies and skill\n\nAdvantages of Private Finance Initiatives\n\n Long -term relationship\n Public saving\n Private profit\n Better management skill\n Long-term contract\n Risk transfer\n Less construction times\n Delivery against budget\n Innovation approach\n\nDisadvantages of Priva te Finance Initiatives\n\n High transaction and service costs\n Distorti on of priorities\n Time-consuming process\n Unbalanced risk allocation a nd ownership\n Lack of expertise\n Government influence\n\nTypes of Priv ate Finance Initiatives Projects\n\n Free-standing projects\n Joint vent ures\n Services sold to the public sector\n\nPrivate Sector Financing Sou rces\n\n Debt Financing\n Equity financing\n Merchant bankers\n Intern ational trade financing organizations\n Specialized financial institution s\n\n Insurance companies\n Commercial mortgage\n Lenders\n\n\n\n \ ; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/What sApp-Image-2025-01-02-at-2.26.43-PM.jpeg CATEGORIES:Public Private Partnerships (PPP) LOCATION:Barcelona Training Courses\, Le Méridien Barcelona Hotel\, Barcel ona\, Spain\, Spain X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Le Méridien Barcelona Hote l\, Barcelona\, Spain\, Spain;X-APPLE-RADIUS=100;X-TITLE=Barcelona Trainin g Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Europe/Madrid X-LIC-LOCATION:Europe/Madrid BEGIN:DAYLIGHT DTSTART:20250330T030000 TZOFFSETFROM:+0100 TZOFFSETTO:+0200 TZNAME:CEST END:DAYLIGHT END:VTIMEZONE END:VCALENDAR