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PPP in Central and Eastern Europe
12 March - 13 March 2001
PPP in Central and Eastern Europe
The economies of Europe are beginning to recognise the potential for Public Private Partnerships as a procurement to finance major infrastructures. Recent developments such as the Sofia Water Project and the Polish A1 Motorway indicates that the concept of PPP is filtering through to the countries of Central and Eastern Europe.

Whether you are a relative new comer to PPP or an expert, this event will allow you to keep abreast of the latest developments within this region. Attend this conference to learn about the developments and exploit the opportunities within this emerging market.

In just two days, you will be able to network with key government figures and hear from:

  • Petr Lachnit, Minister, Ministry for Regional Development (Czech Republic) on the need for utilization of public private partnerships in the Czech Republic
  • Ferenc Szabo, Head of Division, Ministry of Transport and Water Management (Hungary) will present on the position of public private partnerships in Hungary
  • Valter Rešèiè, State Secretary, Ministry of Finance (Slovenia) will explain public sector procurement in Slovenia
  • Aleksander Bacciarelli, Deputy General Director of Public Roads, General Directorate of Public Roads (Poland) on the opportunities for public road procurement in Poland
  • Jaromir Schling, Minister of Transport, Ministry of Transport and Communications (Czech Republic) will explain the key principles and goals for private finance in the public sector

Specialists from the project finance team of Weil, Gotshal & Manges will be running a half day post conference interactive workshop. Use of PPP Structures in Developing Infrastructure Projects in Central and Eastern Europe offers the chance to apply the theories and principles to a practical experience and takes an in-depth look at concessions and financing PPP projects.

SAE Media Group can be seen as a leader in providing of PPP conferences. With over five years of experience directly related to the field, producing in excess of 100 events within 10 European countries.

Conference agenda

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8:30

Registration & Coffee

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9:00

Concessions

  • Review and ‘negotiation’ of term sheets and identifying bankability problems
  • Level of public participation; Ownership of land and assets
  • Traffic risk/competing roads; Toll regime; Contract payments and their components
  • Performance tests and criteria; Changes in circumstances/law
  • Funding of variations; Force majeure events; Non-performance penalties/events of default
  • Termination compensation; Direct agreement with lenders (substitution and step-in rights)
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    11:00

    Morning Coffee

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    11:15

    Financing

  • Segmentation products and approaches; Review and ‘negotiation’ of term sheet for loan financing
  • Financing plan (senior loans, equity participation and subordinated debt, standby facilities)
  • Level of control retained by banks
  • Drawstops; Representations; Undertakings; Financial ratio covenants and events of default
  • Distribution ‘chokes’; Security (including step-in); Hedging strategies
  • Use of insurance proceeds; Tax treatment of compensation payments
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    12:45

    Discussion and questions - review of the session

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    13:00

    Close of Workshop

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    8:30

    Registration & Coffee

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    9:00

    Chairman's Opening Remarks

    Graham Vinter

    Graham Vinter, Head of Projects Group, Allen & Overy

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    9:10

    CITY OF PRAGUE - PRINCIPLES AND GOALS FOR PUBLIC PRIVATE PARTNERHIPS

    Jan Kasl

    Jan Kasl, Mayor of Prague, Prague City Hall

  • Position on public private partnerships in Prague
  • Addressing the problems facing private finance in the Czech Republic
  • Benefits to the public sector
  • Framework for managing the process forward in Prague
  • Fulfilling the city’s future needs
  • Opportunities for investment and development in Prague
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    9:40

    SCOPE FOR PUBLIC PRIVATE PARTNERSHIPS IN CENTRAL AND EASTERN EUROPE

    Kevin R Smith

    Kevin R Smith, Export Promoter - Finance, Central Europe and Baltic States, British Trade Internatio

  • Overview of a public private partnerships
  • Applications and flexibility of public private partnerships
  • Impact of accession on Central Europe
  • Infrastructure needs of countries in Central and Eastern Europe
  • Financial assessment of Central and Eastern Europe
  • Opportunities for public private partnerships in Central and Eastern Europe
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    10:20

    MINISTERIAL SPEECH

    Petr Lachnit

    Petr Lachnit, Minister, Ministry for Regional Development (Czech Republic)

  • Current status and development in the area of public procurement in the Czech Republic
  • Summary of the state budget expenditures of public investment according to their destination
  • Approach to the constitution of Public Procurement system (new legislature together with methodical procedures, new access to public investment in terms of financing and control, training programme, consultancy for SME)
  • The need for utilization of public private partnership in the Czech Republic
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    11:00

    Morning Coffee

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    11:20

    SOURCING PROJECTS

    Dr Johan Bastin

    Dr Johan Bastin, Business Group Director, European Bank of Reconstruction and Development

  • The role of the bank in public private partnerships
  • Challenges to banking in Central and Eastern Europe
  • Factors to consider when evaluating projects
  • Types of financing arrangements on offer
  • How to measure and allocate risk
  • The outlook for the future
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    12:00

    TRANSPORT INFRASTRUCTURE DEVELOPMENT IN HUNGARY

    Dr Marianna Csicselyne

    Dr Marianna Csicselyne, Senior Ministerial Counsellor, Ministry of Transport and Water Management (Hungary)

  • Political and economic factors affecting transport infrastructure investment
  • Position on public private partnerships in Hungary
  • Experience and outcome of public private partnerships in Hungarian motorway operations
  • Lesson learned from the experience
  • Moving forward
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    12:40

    Lunch

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    13:40

    CASE STUDY: BUDAPEST WATERWORKS

    Ulrich Verkamp

    Ulrich Verkamp, Managing Director, WestLB

  • The tender structure for the partial privatisation of the Budapest Waterworks
  • The major legal and economic challenges in the financing of the project
  • The financing solution and its benefits
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    14:20

    PUBLIC ROADS PROCUREMENT IN POLAND

    Aleksander Bacciarelli

    Aleksander Bacciarelli, Deputy General Director of Public Roads, General Directorate of Public Roads (Poland)

  • Generalna Dyrekcja Drog Publicznych position on public private partnership procurement
  • Current procurement methods
  • Restructuring to achieve value for money
  • Transition to public private partnerships
  • Developing a best practice framework
  • Future public private partnerships
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    15:00

    CASE STUDY: A4 KRAKOW TO KATOWICE MOTORWAY, POLAND

    Roger Gosney

    Roger Gosney, Senior Technical Director, GIBB

  • The A4 corridor and the project section
  • Existing conditions prior to financing
  • Project description, financing and phasing
  • Traffic predictions and revenue streams
  • Experience gained
  • Conclusions
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    15:40

    Afternoon Tea

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    16:00

    LEGAL FRAMEWORK

    Vlad Petrus

    Vlad Petrus, Managing Partner, Clifford Chance Pünder

  • Public Private Partnerships - potential in the Czech Republic
  • Legal framework
  • Public law aspects
  • Security package for funders
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    16:30

    FINANCE STRUCTURE OF A PUBLIC PRIVATE PARTNERSHIP

    Dr Marcus Kleiner

    Dr Marcus Kleiner, Head of Transportation and PFI, HypoVereinsbank (HVB Group)

  • Principles of financing public private partnerships
  • Structuring roles and responsibilities
  • Provision of a fiscal framework
  • Regulating conflicts of interest
  • Key risks and rewards
  • Main issues for Central and Eastern Europe
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    17:00

    FINANCING WORKS IN PRAGUE

    Jiøi Paroubek

    Jiøi Paroubek, Deputy Mayor of Prague, Prague City Hall

  • Present financing process for Prague infrastructure projects
  • Limitations of this finance method
  • Other funding options
  • Public private partnerships and achieving public sector value for money
  • Benefits of transferring financial risk to private sector
  • Future plans to introduce public private partnership finance
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    17:30

    Chairman’s Closing Remarks and Close of Day One

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    8:30

    Re-registration and Coffee

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    9:00

    Chairman's Opening Remarks

    Bruce Johnston

    Bruce Johnston, Head of Project Finance, Weil, Gotshal & Manges

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    9:10

    CITY OF WARSAW - PROCUREMENT STRATEGY

    Wojciech Kozak

    Wojciech Kozak, Deputy Mayor of Warsaw, Municipality of the City of Warsaw

  • Procurement policy and strategy in Warsaw
  • Key considerations for implementing new procurement methods
  • Public private partnerships in Warsaw
  • Problems encountered
  • Public sector’s criteria for partnering private investment
  • Future long term plans
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    9:30

    DEVELOPING THE PPP FRAMEWORK

    Adrian Howcroft

    Adrian Howcroft, Assistant Director, PricewaterhouseCoopers

  • Using a PPPs approach where real tolls are found wanting
  • The public sector’s objectives
  • The legal framework - the amendment of the Toll Motorways Act
  • Developing appropriate payment mechanisms and performance regimes
  • Risk allocation and achieving value for money
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    10:05

    KEYNOTE ADDRESS

    Jaromir Schling

    Jaromir Schling, Minister of Transport, Ministry of Transport and Communications (Czech Republic)

  • The benefits of merging with the private sector - widening the criteria of the public service
  • Looking at the requirements of a private finance proposal
  • Cost assessment and its effectiveness
  • Looking at the contract requirements for a private finance project
  • Increasing the competition and minimising costs
  • Developing an effective long term strategy for financing projects
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    10:40

    FINANCING A PUBLIC PRIVATE PARTNERSHIP PROJECT

    Jan Blaho

    Jan Blaho, Senior Executive Director of Structured Finance, CSOB

  • Current public private partnership activities
  • Choosing an appropriate project
  • Managing the funding process
  • Mechanisms for payment
  • Closing the finance deal
  • Future for public private partnerships in Central and Eastern Europe
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    11:15

    Morning Coffee

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    11:35

    CURRENT PROCUREMENT METHODS IN SLOVENIA

    Valter Rešèiè

    Valter Rešèiè, State Secretary, Ministry of Finance (Republic of Slovenia)

  • Current procurement method for public services and utilities
  • How cost effective is this method of procurement?
  • Would using private funding prove more cost effective and allow public sector funding to be freed up?
  • Using PPP alongside current procurement methods
  • Criteria for procuring public sector goods and services
  • Assessing new methods to improve current financing strategies
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    12:10

    SOFIA WATER PROJECT

    Richard Temple

    Richard Temple, Partner, CMS Cameron McKenna

  • Key project issues
  • Making the project bankable
  • Structuring for success
  • A template for the future
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    12:45

    Lunch

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    13:45

    IMPLEMENTING PUBLIC PRIVATE PARTNERSHIP PROJECTS

    Aleksander Granowski

    Aleksander Granowski, Deputy Chairman, WS Atkins Polska

  • Drivers for public private partnerships
  • Key steps to delivering projects
  • Implementing pathfinder projects
  • Increasing the flow of partnership deals
  • Learning lessons from previous projects
  • Public private partnerships in Europe
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    14:20

    PROJECT FINANCE IN CENTRAL AND EASTERN EUROPE

    Patrick Townsend

    Patrick Townsend, Vice President, Schroder Salomon Smith Barney

  • The situation in Central and Eastern Europe
  • Structure of a public private financing project
  • Minimising the cost of capital
  • Criteria for successful investment
  • The experience of public private partnership financing
  • Future opportunities in Central and Eastern Europe
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    15:00

    CONCESSION CONTRACTS

    John Brown

    John Brown, Senior Business Analyst, Halcrow Group

  • Principle risks in PPP for infrastructure
  • Alternative contractual arrangements
  • Risk allocation
  • Recent experience in Central and Eastern Europe and European Union
  • Lessons learnt - successes and failures
  • Conclusions - the way forward
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    15:40

    Afternoon Tea

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    16:00

    REQUIREMENTS OF PUBLIC PRIVATE PARTNERSHIP CONSTRUCTION

    Gunnar Lundberg

    Gunnar Lundberg, Senior Vice President, Skanska BOT AB

  • Role of the constructor/investor
  • Why use PPP; Why bid for a project; The core requirements
  • Bidding for large projects - the challenges
  • Importance of cost control in PPP initiatives
  • The future position of contractors in the public infrastructure as BOT operator
  • Helsinki-Lahti Motorway - a good example
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    16:30

    CASE STUDY - HIGHWAY UPGRADE

    Thom L Neff

    Thom L Neff, Project Director, Modern Continental

  • Using PPP for infrastructure development
  • Current US Trends
  • Constructor’s goals and objectives
  • Joint investment opportunities (synergy and innovation)
  • Critical Central and Eastern European issues
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    17:00

    Chairman's Closing Remarks and Close of Conference

    Inter-Continental Praha

    Namesti Curieovych 43/5
    Prague 11000
    Czech Republic

    Inter-Continental Praha

    HOTEL BOOKING FORM

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

    CPD Certificates

    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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