Best practices and tools for the different PPP project stages, including prioritization, structuring, evaluation, procurement and contract
Project Prioritization and Selection
Practical Guide for the Preparation of Projects of Public-Private Partnerhips (PPP)
Document prepared by BANOBRAS (2020).Guide whose objective is to provide a tool that serves as a reference to carry out the process of preparing projects under the Law of Public Private Partnerships (Law PPP) in Mexico.
Prioritizing Infrastructure Investment. A Framework for Government Decision Making
EU BIM Task Group
Building Information Modelling (“BIM”) is being adopted rapidly by different parts of the value chain as a strategic tool to deliver cost savings, productivity and operations efficiencies, improved infrastructure quality and better environmental performance.
A Methodological Framework for Prioritizing Infrastructure Investment
This paper discusses the trade-offs policy makers confront when attempting to prioritize infrastructure investments, in particular with regard to economic growth and welfare, and proposes a methodological framework for prioritizing infrastructure projects.
Unsolicited Proposals – An Exception to Public Initiation of Infrastructure PPP. An Analysis of Global Trends and Lessons Learned
This study discusses a series of global trends related to unsolicited proposal processes and lessons learned from the management of such proposals. It recommends simple measures that countries could adopt to better manage unsolicited proposals.
Value for Money Assessment, review of approaches and key concepts
European PPP Expertise Centre
This report focuses on the use of VfM assessment to guide and support decisions on whether to deliver a public infrastructure project through a Public-Private Partnership (PPP) or through other public procurement means.
A Checklist for Public-Private Partnership Projects
This checklist seeks to provide public policy makers and managers with a tool that can help them ensure that the key requirements in PPP projects are fulfilled. The checklist includes project and transaction specific questions as well as questions on the overarching environment.
Strategic Infrastructure Steps to Prepare and Accelerate Public-Private Partnerships
World Economic Forum & The Boston Consulting Group
This report outlines government best practices for overcoming the challenges of PPP preparation. It focuses on four best-practice areas: managing a rigorous project-preparation process, conducting a bankable feasibility study, structuring balanced risk allocation and creating a conducive enabling environment.
Compendium of good practices for integrity in public procurement
This paper includes the identification of good practices in transparency and anti-corruption in public procurement and the development of procurement performance indicators to support evidence-based decision-making.
The objective of this document is to set out contractual language that has been found to be appropriate in many PPP transactions, and to describe the rationale for the provisions, such as the issues of force majeure, termination rights, dispute resolution, etc.
Sample guidelines for pre-qualification and competitive bidding process
The document is intended to provide requirements and suggestions for a competitive bidding process, covering areas such as: pre-qualification, requests for proposals, bidders, insufficient competition, auction mechanism (evaluation and award criteria) and final negotiation of the project agreement.
Analysis and guidelines to fostering private and institutional investors’ financing for infrastructure
G20/OECD Guidance Note on Diversification of Financial Instruments for Infrastructure and SMEs
This guidance note recommend policy steps that could contribute to diversified financing instruments for infrastructure and SMEs with special attention to equity financing, by promoting capital market development, engaging institutional investors, and promoting infrastructure investments as an asset class.
Capital market instruments to mobilize institutional investors to infrastructure and SME financing in Emerging Market Economies. Report for the G20
World Bank, IMF, OECD
This report seeks to identify key capital markets instruments that can help mobilize institutional investors to infrastructure and small and medium enterprises (SME) financing in emerging market economies.
Mapping of Instruments and Incentives for Infrastructure Financing: a Taxonomy
The document is intended to provide a structured framework for understanding the range of instruments and vehicles for infrastructure finance along with risk mitigation measures and incentives that may be used to support such financing.
Criteria for identifying simple, transparent and comparable securitisations
Bank for International Settlements, OICV-IOSCO
The purpose of these criteria is to assist in the financial industry’s development of simple, transparent and comparable securitisation structures. They are not intended to serve as a substitute for investors’ due diligence.
Private financing and government support to promote long-term investments in infrastructure
The report presents an overview of the main types of government and market based instruments and incentives able to boost the mobilisation of financial resources to long-term investment. The focus is on the development of new instruments and techniques that financial markets have developed.
Institutional Investors and Green Infrastructure Investments. SELECTED CASE STUDIES
This report examines the channels through which institutional investors can access green infrastructure, assesses the extent to which this is currently happening, and identifies the barriers to scaling up these investment flows.
Institutional Investors and Infrastructure Financing
This paper examines the role of institutional investors in long-term financing and the infrastructure investment. It also outlines that the role of institutional investors in long term financing is constrained by the short-termism increasingly pervasive in capital markets as well as structural and policy barriers such as regulatory disincentives, lack of appropriate financing vehicles, limited investment and risk management expertise, transparency, viability issues and a lack of appropriate data and investment benchmarks for illiquid assets such as infrastructure.
Analysis regarding topics that influence the conditions within a country for long-term financing
Financial Markets and Institutional Investors
Investor Proposals and the Way Forward
This report presents the outcomes of a prolonged dialogue with private sector investors in infrastructure. It conveys a set of proposals on ways to overcome the infrastructure investment gap and to mobilise higher levels of investment for quality infrastructure. It also conveys important insights into infrastructure in the context of the pandemic.
Regulation of Insurance Company and Pension Fund Investment
Investment regulations are a key aspect of the regulatory framework imposed on insurers and pension funds to limit risk taking. As governments look to institutional investors’ contribution to better support the growth of the real economy, the way in which investment regulations impact institutional investors’ investment behaviour has become an area that has gained increased attention.
Local Currency Bond Markets: A Diagnostic Framework
IMF, World Bank, EBRD, OECD
The purpose of the diagnostic framework is to provide a tool for analyzing the state of development and efficiency of local currency bond markets. The diagnostic framework focuses on analyzing the following market segments: the money market, government and corporate bond markets, and the derivatives market.
G20/OECD High-Level Principles of long-term Investment Financing by Institutional Investors
The high-level principles are designed to facilitate and promote long-term investment by institutional investors such as pension funds, insurers and sovereign wealth funds that typically have long duration liabilities and consequently can consider investments over a long period provided these are prudent and capable of producing a reasonable risk-adjusted return.
The Infrastructure Monitor looks in-depth at investment flows between sectors and regions to evaluate whether private investment is helping close the global infrastructure investment gap, and how infrastructure is performing as an asset class.
InfraCompass 2020 provides a more comprehensive view of the indicators that enable infrastructure investment. Through it, our intention is to support governments around the world to identify opportunities to reduce the barriers to investment, improve performance, including through best practice guidance, and encourage greater investment in quality infrastructure.
Improvements in public investment management could significantly enhance the efficiency and productivity of public investment. The IMF’s Public Investment Management Assessment (PIMA) considers the key institutions which shape the planning, allocation, and implementation of public investments.
Public-Private Partnership Units - What Are They and What Do They Do?
This note review experiences regarding PPP Units. Making the right choices on what roles such units play, where they are located, and how conflicts of interest are managed is critical in their success.
Using Foreign Factors to Enhance Domestic Export Performance. A FOCUS ON SOUTHEAST ASIA
This paper discusses how countries can use foreign value added to enhance their domestic export performance. It shows that foreign sourcing is a complement to, rather than substitute for, the creation of domestic value added.
Evaluation to strengthen the stages of the Infrastructure Development Cycle (CDI) in order to improve the impact on economic growth and productivity of infrastructure investment projects. (Document in Spanish, Pdf, 8Mb).
G20 Investment strategies and G20/OECD Report on G20 Investment strategies (Volume I & II, and Highligths)
During 2015, the G20 Investment and Infrastructure Working Group (IIWG) conducted a voluntary exercise to compile G20 countries’ investment strategies, which include concrete actions and policies to improve the investment ecosystem and to foster investment, including for infrastructure.
Pre-Investment in Infrastructure in Latin America and the Caribbean: Case studies from Chile, Mexico, Peru, and Uruguay
The paper outlines that there is room for feasible policy improvements in the pre-investment phase in Latin America and the Caribbean that would enhance infrastructure delivery, boost growth, and promote development in the region.
Creating New Models Innovative Public-Private Partnerships for Inclusive Development in Latin America
World Economic Forum
This report shows through a series of case studies, the creativity and commitment displayed throughout Latinamerica in the design and execution of innovative public-private partnerships in areas such as education, health and environmental sustainability.
Financial Centers for Sustainability (FC4S). Review of the advances and main developments of the green and sustainable finance market on: i) Disclosure and reports, ii) Data quality, iii) ESG Service Providers, iv) Taxonomies, v) Market tools; as well as examples of capital mobilization and national and international regulatory proposals in the promotion of sustainable finance.
Attributes and Framework for Sustainable Infrastructure
This document is intended to foster a common understanding of the key attributes and set out a framework for Sustainable Infrastructure, building on previously conducted work. The paper aims to provide the basis for a broad discussion among different stakeholders, including MDBs, other international institutions, standard setters, public and private sector and relevant academic institutions, in order to reach a shared understanding and agreement.
Performance Standards on Environmental and Social Sustainability
IFC’s Sustainability Framework articulates the Corporation’s strategic commitment to sustainable development, and is an integral part of IFC’s approach to risk management. The Sustainability Framework comprises IFC’s Policy and Performance Standards on Environmental and Social Sustainability, and IFC’s Access to Information Policy.
The Sustainable Infrastructure Tool Navigator provides easy access to 50+ tools including rating systems, high-level principles, and guidelines, helping stakeholders to find the tool that best fits their needs.