PPP Project Screening and Analytics Tool (PSAT) 2.0

The World Bank's Infrastructure Finance, Public-Private Partnerships and Guarantees Global Practice (IPG) developed the Tool. In 2023, climate change parameters were incorporated, resulting in an updated user manual. The Tool is an enhanced version of the PPP Screening Tool (PST) created by IPG in 2017 and updated in 2021 with Pipeline Analytics functionality. It enables the comparison, analysis, and prioritization of numerous projects. PSAT 2.0 serves as an effective preliminary screening mechanism for countries that lack a methodology or rely on unstructured or subjective assessments. It helps determine whether a project is suitable for procurement as a PPP. Furthermore, it maintains a database of project information. PSAT 2.0 can also function as a checklist at any project development stage prior to procurement initiation, ensuring project soundness. The tool evaluates projects based on qualitative and quantitative variables, accommodating situations with limited or abundant information. This includes high level/pre-feasibility studies, site checks, fiscal and budget evaluations, political and economic assessments, project necessity determination, initial market checks, preliminary risk analysis, qualitative value-for-money assessment, and Climate Change Vulnerability Assessment (CCVA), among others. PSAT does not replace a comprehensive feasibility study, and the accuracy of results depends on the provided information.