Mark Romoff
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Transcript of Mark Romoff
T h e C a n a d i a n C o u n c i l f o r P u b l i c - P r i v a t e P a r t n e r s h i p s
Public-Private Partnerships –Innovative Delivery of Infrastructure
and Public Services
Mark Romoff President & Chief Executive Officer
iCANADA SummitMontreal, October 21, 2012
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Canadian PPP Market
Canadian P3 Overview
• 20 year history
• 180 projects
• $58.8+ Billion
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Sector Number Value ($B)
Transportation 39 24.0
Hospitals & Healthcare 63 20.6
Justice/Corrections 18 5.4
Energy 5 4.3
Education 9 1.4
Defence 1 0.9
Environmental 21 0.8
Real Estate 3 0.7
Recreation & Culture 16 0.5
Government Services 5 0.2
Total 180 58.8+
PPP Projects Summary
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PPP Models
Models of PPP in Canada
Source: The Canadian Council for Public Private Partnerships
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What is a PPP?
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In a typical Design-Build-Finance-Maintain PPP:
• A single entity (“Project Co”) contracts with government and in turn contracts with consortium partners
• The private sector accepts responsibility for Design, Construction, Financing, Maintenance and in some cases Operations
• The facilities management component covers a long term concession period (25 – 35 years) with pre-defined hand back conditions
• Contracting arrangements are performance based
– Payment from Government only begins upon completion of construction
– On-going payments remain subject to deduction for failures in service delivery
P3 versus Traditional Procurement
• Value for money
• Risk identification and sharing/allocation
• Whole of Life costing
• Lifecycle maintenance
• Performance-based contract
• Fixed Price/Non Performance Penalties
• Competitive procurement
• Transparency and Fairness
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Sample Partnership Structure
Design & Construction
SubContracts
Project Co Developer / Equity Provider
Public Sector Agency
Operator & Life cycle Senior Debt Provider
Senior Debt Agreements
AgreementDBFM / O
AvailabilityPayment
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About CCPPP
CCPPP: Mandate
To promote innovative approaches to infrastructure development and service delivery through public-
private partnerships with all levels of government
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• Founded in 1993
• Non-profit
• Non-partisan (Public and Private Sectors)
• Member-sponsored
• National Representation
• International Members
Who We Are
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• Promote collaborative partnerships between public sector agencies/departments and industry
• Educate stakeholders and the community on the economic and social benefits of P3
• Advocate for evidence-based public policy in support of P3s
• Facilitate the adoption of international best practices
• Promote Canada’s P3 model and expertise globally
What We Do
T h e C a n a d i a n C o u n c i l f o r P u b l i c - P r i v a t e P a r t n e r s h i p s
T h e C a n a d i a n C o u n c i l f o r P u b l i c - P r i v a t e P a r t n e r s h i p s
www.pppcouncil.ca