Public Private Partnership Consultants & Project Manger
PUBLIC PRIVATE PARTNERSHIP (PPP) AND PROJECT MANAGEMENT
Public Private Partnership (PPP) has emerged as viable alternative to traditional procurement method for procuring public infrastructure and services.
PPP creates a window for private entities to provide their innovative services and technology to government in a more efficient and effective manner if well-structured, with optimal risk distribution between the Private and Public Entities.
There is no universally accepted definition of Public Private Partnership (PPP), however, for simplicity purposes, PPP can be regarded as a cooperation/partnership between a Public Entity and Private Entity aimed at ensuring the funding, construction, rehabilitation, management and maintenance of public assets for the provision of a service. It is an alternative to traditional procurement methods for procuring or delivering new assets or upgrades of existing public assets and services.
From a private sector perspective, it can also be regarded as a cooperation/relationship with the public sector through which they have access to new opportunities and business growth prospects, through the funding, construction, rehabilitation, management and maintenance of public assets for the provision of a service. PPP provides a context within which the private sector can play a role in public infrastructure management and services and earn return on its investment. However, it is important to note that PPP projects can be complex, highly-complicated engagements involving multiple and diverse stakeholders, prone with potential risks and costs compared to traditional procurement processes. It is therefore important to ensure that PPP projects are mutually beneficial to both the public entity and the private entity to be successful.
Government, can benefit from private financing, innovation, efficiency and effectiveness of private sector, while the private sector firms can benefit through new business opportunities and expansion of their business.
To get these benefits, the public entity has to develop, structure and invite tenders from private sector to participate, while the private sector has to response to such invitations or identify and prepare unsolicited PPP proposal for government to evaluate, accept or reject.
Because PPP projects are highly-complicated, one needs to have the skill set and experience to navigate such complexity or consider engaging experienced advisers who can facilitate the long-term, trusted relationships required to successfully deliver a PPP Project.
OBS and its associates of seasoned professional have the skill set and experience in such complicated PPP engagements. We will help you to create mutually beneficial partnership through setting the optimal level of public and private-sector participation and risk transfer. We do this by undertaking the following among other things:
- Identification of upcoming PPP project opportunities;
- help you understand the complexity of the PPP risk environment and the different skill set required to the given project;
- providing professional services in the development, structuring and management aspects of the partnership, during its creation and operating stages;
- Identify and develop the key strategies and procedures to manage the PPP project environments;
- Identify and develop mechanism to ensure the project realize your business or social objectives;
- Recommendations and vetting of prospective partners and subcontractors;
- Develop and draft PPP proposal documents, oral presentation preparation, and Best and Final Offer (BAFO) guidance;
- Guide, develop and draft unsolicited PPP project proposal for a private entity wishing to introduce its technology and innovative approaches for providing better public infrastructure or services.
Should you need help in your PPP project development, please contact us today on +260 966 754905, +260 953 830 113 or email us on info@otiersolutions.com