公共私营合作制ppp.pptVIP

Public Private Partnerships Definition: Any positive effort to induce the private sector to behave in ways that accomplish public goals while assisting private organizations and individuals to pursue their own agenda. (Hamlin, 2009) Public Private Partnerships Why are they necessary? Structural economic issues: 1. Land costs 2. Infrastructure costs 3. Building costs 4. Parking costs 5. Market Value issues Public Private Partnerships Methodology: Old Way *Urban Renewal *Give aways B. New Way: Addressing the “GAP” Public Private Partnerships The “GAP” approach Identify the difference between cost and value. Use the right tool to eliminate the gap: cost reduction as the incentive to level the playing field Public Private Partnerships Engaging the “Developer”: Establish public goal(s) for the project Use the Request For Qualifications (RFQ) process Public Private Partnerships Request for Qualifications process: 1. Explain project objectives 2. List possible incentives 3. Describe selection criteria 4. Describe selection process 5. Define timing requirements Public Private Partnerships Defining the legal structure: 1. Step 1: Memorandum of Understanding (MOU) 2. Development Agreement Public Private Partnerships Memorandum of Understanding: A. Phase 1 * 90 Day time frame * Create project concept with support information * Recommendation at this step: 1. Can go as described 2. Can go if modified 3. Can’t go B. Phase 2 * Market and feasibility studies * Detailed project design * Financing in place – short and long term * Pre-leasing Public Private Partnerships Development Agreement: The legally binding relationship 1. Specifically defines project 2. Specifies who does what 3. Establishes a time line for what is to be done 4. Requi