Institute for International Research

Monday, April 23, 2007

PLEASE NOTE THAT THE WORKSHOP FORMATS HAVE CHANGED

Workshop I

This interactive workshop is designed to provide those attendees with a limited knowledge of public-private partnerships with an introduction to the PPP model, thus preparing them to fully benefit from the rest of the conference sessions.

Key topics to be addressed include:

• Public-private partnerships defined: its not about privatization
  
• Understanding the full range of benefits that can be derived from a PPP
  
• Getting the business case right: identifying advantages and disadvantages
  
• Determining which model would be most applicable to your needs
  
• Key financial issues in PPPs
  
• Understanding the risks inherent in PPPs
  
• Key terms relating to PPPs
  
• Key techniques for ensuring engagement and commitment from public and private partners
• An in-depth look at the different business plan models used in public private partnerships
  - Build/Operate/Transfer (BOT) or Build/Transfer/Operate (BTO)
  - Build-Own-Operate (BOO)
  - Buy-Build-Operate (BBO)
  - Contract Services
  - Design-Build-Maintain (DBM)
  - Design-Build-Operate (DBO)
  - Developer Finance
  - Enhanced Use Leasing (EUL)
  - Lease/Develop/Operate (LDO) or Build/Develop/Operate (BDO)
  - Lease/Purchase
  - Sale/Leaseback
  - Tax-Exempt Lease
  - Turnkey

 Richard C. Ward, Senior Principal, CEO, DEVELOPMENT STRATEGIES INC.

Topics to be discussed include:

• Examining the different types of financial models available for public-private partnerships:
  - Bonds versus loans
  - The role of private equity in PPPs
  - Comparing the use of TIFIA with a multi-lateral bank credit
  - Using TIFIA funding to bridge the gap between a non-recourse loan
  
• Leveraging alternative financing methods and new financial models: grants, loans, loan guarantees, tax exempt financing
  
• Calculating rate of return and models associated with rates of return
  
• Alternative procurement models for PPPs in the U.S.
  
• Modeling rules and protocols
  
• Developing a financial from planning through to interpretation of output results and sensitivity analysis
• Planning and structuring, populating the model with assumptions and tailoring outputs to satisfy end-user requirements

Income from TODs Can Cover the Cost of Transit Facilities and Improvements

• Generating non-tax income from land owned by transit agencies
  
• Generating tax revenue from TODs
  
• Leveraging non-tax income and tax revenue from TODs
  
• Enhancing income at transit stations
  
• Optimizing Federal funding programs for TODs
  
• Five (5) successful TOD projects

John Stainback, President/CEO, STAINBACK PUBLIC/PRIVATE REAL ESTATE, LLC (SPPRE)

Topics to be discussed include:

The investment climate for infrastructure

• What guides investment decisions
  
• How political and operational risk affect the flow of capital
  
• The services and public affairs challenges facing infrastructure operators
• Current trends in the development of the PPP equity market
  
• Identifying markets that offer superior returns
  
• How the infrastructure asset class will develop over the next 12 months

Investment opportunities: The role of equity funds and institutional investors in U.S. public-private partnerships

Workshop speaker:
Charlie Shorter, ERNST & YOUNG LLC