Project Finance

The Ronald Reagan Building and International Trade Center
1300 Pennsylvania Avenue, NW Washington, DC

 

The Art of the Public - Private Deal: Project Finance is two-day executive education program that provides participants with the opportunity to understand the risk-return character of “limited recourse” projects (or public-private partnerships) from multiple perspectives.  It is a practical program with an emphasis on infrastructure projects and the means by which governments can stretch their resources by partnering with the private sector.  The Project Finance program does not use in-depth financial models, but the instructor will review modeling approaches with examples.  Case studies span a variety of projects and regions.  The instructors are investment banking practitioners and public officials with teaching experience, rather than professors or policymakers.

Learning Objectives

After the program, participants will be able to:

  • Articulate what shared public and private financing for public infrastructure is and how it differs from a general obligation bond that is fully-backed by a government.
  • Define the roles and objectives of the various participants, including the government.
  • Assess the risks of the transaction from different viewpoints.
  • Be familiar with numerous case examples and apply them to relevant situations.
  • Know when to bring in outside advisors, such as consultants, commercial banks, and investment banks, so the government can avoid “leaving money on the table.”
  • Audience

The program is principally for those involved at the state or large-municipality levels of government.  Such individuals involve legislators, policymakers, business development officials, finance directors, general managers, public interest groups, think tanks, and public policy students.
No advanced preparation is required. Attendees should have an acquaintance with economic, financial and accounting principles.  This is an overview, or a “concepts,” program.  No “heavy duty” math is involved and no Excel modeling is required.

   

Cost

   

The cost of the program is $1,200.  This includes the cost of instruction, all instructional materials, and morning and afternoon breaks.  Transportation, lodging, and other meals are not included. The program will provide CPE credits.

Topics

      Day One

  • Infrastructure/Project Finance/Public Private Partnerships
  • Who Are The Participants And What Are Their Motivations?
  • Accounting Considerations
  • Factors Which Impede Using These Ventures In The U.S.
  • Reviewing Examples Of Public-Private Deals

Day Two

  • Project Pre-Feasibility Work
  • Feasibility Stage
  • Enlisting Private Sector Partners After Feasibility Study
  • Finding Lenders For The Deal