Transforming Nigeria Infrastructure & Growth

REGULATION . • . . What characteristics have PPPs got? Characterised by the Public Sector: Entering into contracts to acquire services, rather than procuring an asset INFRASTR CONCESSION Specifying the service requirement on the basis of outputs, not inputs Linking payments to the private sector to the level and quality services actually delivered Often requiring a 'whole life' approach to the design, building and operation of project assets Seeking optimal risk transfer to the private sector Requiring private partner to be responsible for raising some, or all, of investment finance required Utilising diverse payment mechanisms, such as market revenue, shadow tolls, capacity availability payments and so on /CRC

View entire presentation