Contracts and legal agreements are at the foundation of any public-private partnership transaction. Once sound agreements are put in place, PPPs and concessions can achieve the objectives set forth by all parties in the transaction. Under poorly structured agreements, these partnerships have a higher likelihood of failing. With hundreds of millions of dollars at stake, it is imperative that time and money are well spent in designing good legal agreements and contracts.
In this course, participants will learn best practices in creating, negotiating, and implementing sound PPP and concession contracts. Using presentations, case contract reviews, and simulation exercises, participants will deepen their understanding of the key elements of successful PPP and concession contracts, effective risk allocation, and the development of negotiation skills. The course will also describe the key financing agreements typically required by lenders in project finance transactions, and include discussions on risk and mitigation techniques, and how to handle contract disputes.
Through successful completion of this course, participants will be able to: