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PFI/PPP Training Course

This 2-day series of workshops gives you the opportunity to learn in small groups about different aspects of PFI/PPP projects.  Available in one day or half day segments and bookable seperately this is maximum value for minimum time out of the office.

Senior Funding for PFI Projects is designed for those wishing to brush up on funding instruments, credit issues and evaluation procedures.

Simmons & Simmons

If you want to learn more about analysing and allocating risk, then Risk Assessment in PFI Projects is the workshop for you. 

And If you are new to this subject area the full-day PFI/PPP Training Course will give you an allround overview and practical advice.   Also valuable for anyone requiring a general refresher course!

This course has CPD accreditation of 10 hours.


The PFI/PPP Training Course takes you through the key aspects which need to be covered in a PFI/PPP project.  By attending you will gain a comprehensive overview of PFI/PPP from one of the leading Law firms acting in this area.

This essential course includes:

  • A detailed introduction to PFI/PPP including an explanation of the different structures, an outline of a typical PFI project, potential advantages and disadvantages of PFI and the state of the PFI/PPP market.
  • A look at the financial drivers including value for money and cashflow, a basic explanation of project finance, step-in rights and Direct Agreements and refinancing and secondary markets.
  • An analysis of the procurement process including the tendering process, a summary of the Procurement Directives and different procedures.
  • A focus on service commencement and performance levels including services and specifications and importantly the consequences of poor performance, remedies for this and dispute resolution.
  • And much more...including mechanisms for dealing with change, project/contract management and termination.

Your workshop leader, Simmons & Simmons has a fully integrated, international PFI/PPP practice, which has advised on some of the largest, most innovative and complex transactions.  They advise clients on all legal aspects of the structuring, financing, construction and operation of PFI Projects and were awarded the 'Projects/PFI Team of the Year' by The Lawyer magazine for 'outstanding achievement' and 'most innovative approach in Projects/PFI'.  www.simmons-simmons.com

Conference agenda

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8:30

Registration & Coffee

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9:00

Senior funding instruments

  • Bank debt
  • Monoline-wrapped bank debt
  • Monoline-wrapped bonds
  • Alternatives
  • Interest rate and inflation swaps
  • clock

    10:00

    The Credit Process

  • The role of the credit committee
  • Principal credit issues
  • Role of the rating agencies
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    10:45

    Morning Coffee

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    11:00

    Choosing a funding solution and closing the deal

  • Evaluation of senior funding structures
  • Senior funding documentation
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    12:00

    Discussion and Questions – review of the session

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    12:30

    Close of Executive Briefing

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    13:30

    Registration & Coffee

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    14:00

    An analysis of risk

  • Analysing and allocating risk
  • Methodology for rating PPP/PFI projects
  • The main benefits of risk assessment
  • Applying a model to an actual project
  • clock

    14:45

    Ratings and refinancing

  • The ratings process and using ratings for refinancing
  • How does refinancing affect rating?
  • Overcoming credit weaknesses
  • Contractual and legal implications of refinancing
  • clock

    15:30

    Afternoon Tea

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    15:45

    An explanation of the various risks

  • Demand risk
  • Design risk
  • Construction risk
  • Residual value risk
  • clock

    16:30

    Risk allocation

  • Assessing quantifiable and non-quantifiable risk
  • Determining where risks lie
  • Risk models
  • Risk and rewards – attitudes and allocation
  • clock

    17:15

    Discussion and questions – review of the session

    clock

    17:30

    Close of Executive Briefing

    clock

    8:30

    Registration & Coffee

    clock

    9:00

    Introductory Session

  • Introduction to PFI/PPP
  • Explanation of different PFI/PPP structures
  • Outline of a typical PFI project
  • Potential advantages/disadvantages of PFI
  • State of the PFI/PPP market
  • The Contractual Framework
  • Outline of principal documents
  • Overview of the Treasury and other sector specific guidance
  • Compliance with the Treasury Guidance
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    9:45

    Coffee Break

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    10:15

    Financial drivers

  • The economic drivers of – value for money and cashflows
  • Basic explanation of project finance
  • Step-in rights and Direct Agreements
  • Refinancing and secondary markets
  • clock

    11:00

    The procurement process

  • Explanation of the tendering procedure and procedural aspects of the procurement process
  • Summary of the Procurement Directives and the different procurement procedures
  • Sector-specific information
  • Consequences of infringing the Procurement Directives
  • Questions & Answers

    clock

    12:00

    Lunch

    clock

    13:30

    Service commencement & performance levels

  • Services and specifications
  • Performance regimes and payment
  • consequences of poor performance
  • incentives for good performance
  • Other remedies for poor performance
  • Dispute resolution
  • clock

    14:15

    Afternoon Tea

    clock

    14:45

    Other Contractual aspects of a PFI

  • Mechanisms for dealing with change
  • Project/contract management
  • Sub-contracting & assignment
  • TUPE
  • Termination
  • Consequences of termination
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    16:30

    Questions and Close of Training Course

    Workshops

    Senior Funding for PFI Projects

    Senior Funding for PFI Projects

    The Grange Holborn Hotel
    6 December 2006
    London, United Kingdom

    Risk Assessment in PFI Projects

    Risk Assessment in PFI Projects

    The Grange Holborn Hotel
    6 December 2006
    London, United Kingdom

    The Grange Holborn Hotel

    50-60 Southampton Row
    London WC1B 4AR
    United Kingdom

    The Grange Holborn Hotel

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

    CPD Certificates

    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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