Introduction to Public Private Partnerships (P3s)
Duration: 1-Day Course
**Check the Course Catalog for required attendee minimums
Contact hours: 8 hours
Instructor: John Miller, CPPO
Search the Course Schedule for a course near you.
1 day courses:
Institute Members - $305
Non-Members - $405
** Receive a $25 early registration discount by registering 60 or more days in advance of the course. A late fee of $50 will be assessed for those registrations received within 30 days of the course.
The need for public infrastructure improvements continues to gain traction with state and local governments throughout the United States. P3’s are contractual agreements between a government agency and a private entity typically involving the renovation, construction, operation, maintenance or management of a facility or system. Capital investment in various infrastructure improvements is expected to rise dramatically over the next ten years with capital needs reaching $3.6 trillion by 2020 (OMB estimate). Public procurement is asked to facilitate the contractual process when these capital dollars are obligated that is transparent and meets the competitive legal requirements of the entity. Typically public procurement issues an RFP resulting in final contract execution. This course provides an overview of public, private partnerships and how they impact the procurement process and examine the various P3 methodologies currently in place. Best practice examples including RFP examples are reviewed along with case studies.
This course is intended for a broad spectrum of procurement officials, buyers, agents, managers, department heads, and related government staff.
Course Objective and Intended Outcomes
Upon successful completion of this course participants will be able to:
- Describe specific rationales for using P3s and their benefits.
- Explain the various financial scenarios that may be available. Conduct a risk vs. benefit analysis in order to determine viability.
- Conduct a situational analysis to determine the impact on stakeholders.
- Conduct market research and due diligence on the RFP process for P3s.
- Recognize the strategic role of purchasing in the P3 process.
The following is an outline of the material that will be covered in this one-day course. Practical examples, group exercises and case studies will be utilized during the entire course.
- Introduction and Overview of Public Private Partnerships (P3’s)
- Strengths, Weaknesses, Advantages and Disadvantages of P3”s
- Developing a Contractual Framework
- Review the Various P3 Structures
- How Procurement Can Bring Value to the P3 Process
- Best Practice Examples of P3’s
NIGP Course Cancellation Policy
Registration and payment must be received 30 days prior to the seminar start date. After this time, registrations will be based on space availability. A full refund, less a $75 administrative fee will be given for cancellations made in writing 31+ days prior to the seminar date by emailing RegistrationInfo@nigp.org. No refunds are given for cancellations received within 30 days of the seminar start date. There are no refunds for no-shows. If the seminar is cancelled for any reason, NIGP's liability is limited to the registration fee only.
Attendee substitutions within the same agency may be done at any time with email notification to NIGP. If attending via scholarship, please provide documentation verifying the scholarship issuer’s name and contact information in lieu of payment information.