Transcript Successful PPP models for road infrastructure

Successful PPP models for road infrastructure
Various Models in different countries
Prof. Dr. Markus Schmidt
28.03.2011
Agenda
1
General aspects of PPP
2
German success with A-Models
3
International success with V-Models
4
Conclusion
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Agenda
1
General aspects of PPP
2
German success with A-Models
3
International success with V-Models
4
Conclusion
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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General aspects of PPP
Fundamental components
Planning
Development of a optimal
concept concerning
completion of demand,
operating costs, after use
and marketing
Building
Private commercial achievement of
building works enabled the
optimization from costs, time and
quality through free placing of
companies and negotiation
Operating
Transfer of management and
operation,
concentration of the public
administration on their core
competence,
realisation from synergy benefits
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
Financing
Relief from public budgets
by private financing and
funding through fees and
charges
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General aspects of PPP
Organisation chart
Authorities as lisencer
(awarding authority)
Associates as
investor
Partnership agreement
external finance
SPV
Project company as
concession holder
(operator)
Credit argeement
Contracts with subcontractors about the completion of service
planning
construction
maintenance
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Agenda
1
General aspects of PPP
2
German success with A-Models
3
International success with V-Models
4
Conclusion
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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German success with A-Models
Model description
 Derivated from:
Autobahnausbaumodell
(Highway extention model)
 Building of additional lanes,
maintenance and operation of all
lanes as well as financing all
measures to private business
companies
 The operating company achieves
dues from the truck road charge for
this highway section
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German success with A-Models
Truck road charge system
Road charge bridge as part of the charge system: „Toll Collect“
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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German success with A-Models
Overview
assigned concessions
current bidding
expected bidding (2011-2012)
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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German success with A-Models
Case study
A8 Munich - Augsburg
Project data:
 52km operation route
 37km extension route, widen 4
lanes to 6 lanes
 54 passages and undergrade
crossings
 7 bridge constructions
Project costs:
 Building costs: > 150 m €
 Operate-, maintenance-, financing
costs: > 500 m €
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Agenda
1
General aspects of PPP
2
German success with A-Models
3
International success with V-Models
4
Conclusion
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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International success with V-Models
Case study (V-Model = Availability Model)
M51 Kliplev – Sonderborg (Denmark):
 26 km new road-construction
 69 engineering constructions
 3 high span bridges
Project data:
 Building costs: > 100 m €
 Operate-, maintenance-, financing
costs : > n.a. m €
 30 years operation and maintenance
 Service payments from government
for availability of infrastructure
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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International success with V-Models
Case study (V-Model = Availability Model)
E18 Koskenkylä–Kotka motorway
(Finland)
 53 km new road-construction
 27 km improvement of roads (e.g.
converting two-lane highway to
motorway)
 87 km construction of traffic
telematics
Service:
 15 – 20 years maintenance and
operation
 Service payments from government
for availability of infrastructure
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Agenda
1
General aspects of PPP
2
German success with A-Models
3
International success with V-Models
4
Conclusion
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Conclusion
Examination of different models
 PPP models are a good alternative for the realization of infrastructure projects
 The A-model, the V-model and the other models are successful PPP models for
road infrastructure in Germany and in Europe
 The models must be adapted to each country and to each situation
 Drees & Sommer is advising the German ministry of transport in terms of
creating new PPP models in Germany
 Important steps:
1. Understand boundary conditions
2. Select the right model type
3. Create and execute the project
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Discussion
Thank you for your attention!
Questions?
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Any Queries? We will assist you!
Drees & Sommer Infra Consult und
Entwicklungsmanagement GmbH
Dr. Jürgen Laukemper
Drees & Sommer Infra Consult und
Entwicklungsmanagement GmbH
Prof. Dr. Markus Schmidt
Str. Lt. Av. Serban Petrescu Nr. 15, Et.2
011891 Bucuresti (Sector 1) / Romania
phone +40 31 690-8001
[email protected]
Str. Lt. Av. Serban Petrescu Nr. 15, Et.2
011891 Bucuresti (Sector 1) / Romania
phone +40 31 690-8001
[email protected]
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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www.dreso.com
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Backup
Drees & Sommer, Successful PPP models for road infrastructure, Prof. Dr. Markus Schmidt, 28.03.2011
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Conclusion
Efficiency drivers and success factors of PPP
Appropriate distribution of risks between private sector and public authority
 Risk transfer from public authority to private sector
 Basic principle: everyone bears the risk he can influence best
Life-Cycle-Management of the project
 Without this: during planning and building, operation and maintenance is not considered
 Interaction between planning, building, maintenance and operation taken into account
Output specification of the service
 Giving the benefit to the private company of specialisation and efficiency advantages
 Not describing the input of the service but the output
Performance-oriented payment
 Bonus – malus systems due to availability of the service
 Direct connection output specification and risk distribution
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