Article
Ownership Models in Asset Recycling
There are several variations as to how an asset recycling transaction undertaken by way of a concession or lease arrangement can be implemented. In this section, we discuss the following models:…
Article
Asset Valuation Methodology in Asset Recycling
Valuation of the asset is conducted to estimate and determine the fair value of the upfront fee that a bidder may pay to the Relevant Authority (or any other form of consideration).This is a crucial…
Article
Risk Matrix for Airports
Sample risk matrix – AirportsRiskDescriptionPublicPrivate SharedMitigationOperating Risk Inadequate performance The risk of service quality provided by the…
Article
Environmental and Social Due Diligence in Asset Recycling
The Relevant Authority should be required to disclose environmental requirements (permits, standards, etc.), risks, issues, liabilities, compliance status. Climate risk disclosure can help raise…
Article
Accounting and Tax Due Diligence in Asset Recycling
Besides the technical, commercial, financial and legal due diligence, other assessment includes accounting and tax due diligence, which should consider the following:Accounting due diligenceIdentify…
Article
Prescriptive Legal Due Diligence in Asset Recycling
OverviewPrescriptive due diligence outputs are primarily focused on describing the legal aspects of structuring options in relation to the descriptive due diligence outputs.The output of the…
Article
Descriptive Legal Due Diligence in Asset Recycling
OverviewDescriptive due diligence outputs are focused on describing the current legal aspects relevant to the Relevant Authority and the asset as at the review date. This description is without…
Article
Review of Legal and Regulatory Context in Asset Recycling
Conducting due diligence with respect to the legal and regulatory context requires a review of the laws, regulations and policies affecting the Relevant Authority and the asset.Areas covered may…
Article
TOR for Transaction Advisors for Airport Development
This document has been prepared as part of the annex of the section on Guidelines in Implementing Asset Recycling in the PPP Legal Resource Center (PPPLRC) for contracts, laws and regulations. It is…
Article
Legal Due Diligence and Review in Asset Recycling
Legal due diligence in connection with an asset recycling transaction preparation covers the main topics listed below.Review of legal and regulatory context (in relation to the laws, regulations and…
Article
Financial Due Diligence in Asset Recycling
The financial due diligence should cover the analysis of the asset’s historical and projected financial performance. This will provide the Relevant Authority with an indication of the capital…
Article
Commercial Due Diligence in Asset Recycling
The coverage of the commercial due diligence process is represented in the diagram below:Figure 2: Commercial Due Diligence Coverage Demand/ Patronage/Traffic Assessment An assessment…
Article
Technical Due Diligence in Asset Recycling
The objective of the technical due diligence is to identify potential technical issues with respect to the asset. This exercise should form the basis for determining the scope for management,…
Article
Due Diligence Process in Asset Recycling
table tr th, table tr td { border:1px solid #ffffff; padding:10px } The Relevant Authority should conduct asset due diligence as part of the transaction preparation leading up to the asset…
Article
Engaging Advisors in Asset Recycling
table tr th, table tr td { border:1px solid #ffffff; padding:10px } Advisory Services for an Asset Recycling ProjectFigure 1: Advisory Services for an Asset Recycling ProjectThe engagement of…
Tab Landing Page
Project Preparation in Asset Recycling
At the project preparation stage, the Relevant Authority should conduct the following activities:Recruit and engage advisors, including financial, technical, legal, and other advisors (such as,…
Library
New concession model introduced to monetise existing Government/SOE infrastructure assets
On 18 February 2020, the Government introduced a new legal framework on the limited concessions scheme (LCS) in the infrastructure sector. The new rule is Presidential Regulation No. 32 of…
Library
India National Monetisation Pipeline (NMP)
India's asset monetisation, based on the philosophy of Creation through Monetisation, is aimed at tapping private sector investment for new infrastructure creation. This is necessary for creating…
Library
Infrastructure Asset Recycling: Insights for Governments and Investors
Asset recycling offers the opportunity to provide newly-needed infrastructure without adding to public debt, all while maintaining or potentially improving existing infrastructure service delivery.…
Library
Asset selection for toll-operate-transfer (TOT) model of road asset monetization, India
Press Information Bureau, Government of India, Ministry of Road Transport & Highways
Tab Landing Page
Case Studies in Asset Recycling
Find samples of Asset Recycling Transactions from around the world. …
Tab Landing Page
Guidelines for Asset Identification
Asset Selection ProcessIn selecting an appropriate asset as the subject of an asset recycling transaction, the Relevant Authority should consider five (5) key parameters; being (i) operational, (ii)…
Tab Landing Page
Asset Recycling Projects
Concession and Lease ModelsInfrastructure is pivotal to sustainable development with positive impacts on the economy, environment and society if implemented correctly. Each piece of infrastructure…
Tab Landing Page
Executive Summary: Asset Recycling
This section of PPPRC focuses on two main areas: Asset Recycling Projects: Practical Guidance on Asset Recycling ProjectsAsset Recycling Programs: A Long-Term Structured Approach to Asset…
Library
Provision of Infrastructure in Post-Conflict Situations
This report was produced by Mott MacDonald on behalf of the Department for International Development, and does not necessarily represent the views or the policy of DFID.