PPP Project Failures: The tragedy of the evitable (III) – Failing to structure

The tragedy of the evitable (III)

“Failing to Structure” is the third article of an investigation, conducted by K-infra in 2018, about PPP project failures in Greater Europe.

In this new article we advance further in the project cycle, still in pre-procurement phase (before project approval), to discuss how the right project (the right public investment) can suffer dramatically and be either a complete failure (rescue/early termination) or a significant failure (re-structuring the project through re-negotiations) simply because we were unable to define the correct PPP structure (financial structure and/or risk allocation structure).

Although there are examples in other sectors and with respect to other risks, this is especially true when talking about linear transport infrastructure and mostly relevant in relation to demand and revenue risk…

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K-Infra’s digital badges are now available!

Special message to our more than 4500 CP3P Alumni

We are pleased to announce that K-infra has joined the Credly platform to offer all our students the digital badges that certify the successful accomplishment of one of K-infra’s PPP trainings.

When a candidate has completed a K-Infra CP3P training by meeting our assessment criteria (including a minimum attendance and effort/activity level on our smart campus and participation in our workbooks), they will receive a digital badge certifying their achievement.

Those delegates that have attended any of our past +200 CP3P courses related to the PPP Certification Program can claim their digital badge as K-infra trained professionals. If delegates have any doubt about the process, they can check the Digital Badges page or write savalos@k-infrastructure.com.

The digital badge contains verified metadata describing the type of qualification and the process required to obtain it. In addition, the learner will have the possibility to easily communicate his or her skills and achievements online regarding our specialized PPP trainings, including our CP3P courses, which will help him or her prepare for the APMG’s Public-Private Partnerships Certification Program.

For full details about our digital badges, click here:

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Master Class | Managing Fiscal Risks in PPPs: the need for controlling PPP liabilities, and more

Managing Fiscal Risks in PPPs

The webinar about Fiscal Impact will be delivered by our CEO Andres Rebollo, and will take place on April 5, 2022 from 15:00 to 16:30 (CET Time).

It’s 100% online and free.

Throughout the event Andrés will explain the basics of the fiscal risk of PPP projects, covering:

  • The implementation of a fiscal management system for the PPP and its main elements.
  • Accounting and control of contingent liabilities in addition to direct fiscal commitments.
  • Types of approaches to control the fiscal risk of PPPs.
  • The main factors influencing the level of fiscal impact and the interconnections between commercial viability, fiscal impact and value for money.

Would you like to attend the master class? Click the button below to register.

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PPP Project Failures: the tragedy of the evitable (II): Failing to appraise and failing to prepare

The tragedy of the evitable (II)

In this article we keep on with the analysis of project failures and how they link to improper management of PPP projects, reviewing and reflecting on particular areas of management where neglecting is not uncommon and may have serious consequences.

 

Now we advance in the cycle: we will assume that our project showed sufficiently strong economics and no evident impediment to be suitable for a PPP procurement, after a successful screening process. But the job is not done: we need to appraise and we need to prepare…

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PPP Project Failures: The tragedy of the evitable (I): Choosing wrong

The tragedy of the evitable (I)

In 2018 K-infra did a research of PPP project failures in Greater Europe. That research is being now reviewed and updated and we hope to make it public soon.

In the course of this updating and editing work, we want to advance some of the key messages and lessons that were captured, and this will be done in a series of 4 articles to be issued weekly, being this one the first.

Introducing the matter

Project may fail for multiple causes and risks, related to the unforeseen. But when a project has been properly managed, from its selection through all the procurement process, this will be really rare…

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Ariana Progri: new Foundation certified trainer for K-Infra CP3P program

Ariana Progri is now part of the K-Infra Team

We are proud to announce that Ariana Progri, Former member of IFC PPP Advisory Team, has been successfully approved as #CP3P Foundation Accredited Trainer by APMG International. Congratulations on your results!


Ariana brings additional capacity to deliver CP3P in Spanish and English, but also allows us to offer training on the Albanian version of the CP3P Guide.


As a PPP expert, Ariana has over 20 years experience in advising governments on private sector development and infrastructure PPPs. Her expertise covers all aspects of PPP transaction advisory from project concept to project structuring and tendering, as well as the areas related to creating an enabling environment for PPPs and private sector participation in infrastructure.


Her PPP experience spans fifteen years of analyzing and structuring infrastructure PPPs as well as policy and institutional strengthening in Southeast-Europe, Mexico, Central America and the Caribbean. Her work was carried out in close cooperation with the World Bank and other intergovernmental agencies to strengthen PPP and sector policy and regulatory frameworks in order to promote private sector participation in infrastructure. It also entailed engagement with private sector and local communities to balance the trade-offs between project commercial appeal, public interest and overall economic and social return.


As per today, K-Infra counts with 14 accredited trainers worldwide covering all geographical zones including Europe, North America, Middle East, Latin America, Africa and Asia.

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