The procurement of infrastructure is increasingly involving internationally the private sector in the funding of projects through Public Private Partnerships (PPP). Halcrow has extensive experience in providing quality services to promoters, concessionaires /SPV and bank lenders.
For the promoter, Halcrow:
- evaluates suitability for the PPP procurement route
- advises on the balance of private sector / government participation
- advises on procurement procedures, concession periods and toll regimes
- provides expert assistance in the development of model contracts
- develops appropriate payment mechanisms
- develops specifications for design, construction, operation and maintenance
- devises public sector comparison estimates
- undertakes traffic and revenue forecasting
- develops requirements for integrated management systems (quality, environment and health and safety)
- acts as employer's agent/representative
- undertakes technical and financial audits
For the concessionaire / SPV bidder, Halcrow:
- leads and advises consortia in bidding for PPP projects
- undertakes traffic and revenue forecasting
- designs and advises contractors
- advises on operation and maintenance
For the bank lender, Halcrow provides:
- technical due diligence
- negotiation and syndication support
- undertakes traffic and revenue audits
- focused construction and operation monitoring