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Follow on Google News | PPP Masters Training Institute Opens its DoorsThe first-ever complete and comprehensive PPP training event, June 7-10, 2011 in Washington, DC
By: Vair Training The growing need for infrastructure, coupled with competing projects on limited available resources, is giving increasing attention to Public-Private Partnerships ("PPPs"). A PPP can be a complex process with several differing views - from concept to execution. Ensuring a PPP undertaking makes it across the finish line demands the collaboration of several different industry fields. All of these industry players are assembled under one roof for this comprehensive training event. From technical-and- Starting with the analytical, participants are given a case study that takes an infrastructure project from Request-for- Next, the course ties in technical aspects of the project. While the analytical may have some basic assumptions, how are they derived? This session looks at cost estimations from both top-down and bottom-up, examining life-cycle costs, capital-costs estimations and contingencies, among several others. This portion also explores VFM calculations and payment mechanisms from a technical viewpoint, along with important calculations on Liquidated Damages ("LDs") for non-performance. "People don't sign models, they sign contracts" is the mantra of the legal section of the course. Participants are alerted to the pitfalls that occur when documenting projects. This session demonstrates how financial models and project documents must accurately reflect what is being structured. Legal also examines qualitative issues surrounding PPP projects, along with a more macro view on why and how parties can set the framework to ensure the possibility and potential success of the undertaking. Featured Presenters: Vair, ING, Halcrow, PFM, McKenna Long & Aldridge, LLP # # # About Vair: The Vair Companies is a family of companies that offers financial advisory, training, conference organization, publishing and executive search services to organizations and individuals working in the international infrastructure and project development industry. End
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