130 likes | 265 Views
Achieving better value, timeliness and accountability through public-private partnerships. Saskatchewan P3 Summit 2014 Regina, SK. September 9, 2014 John McBride, CEO, PPP Canada. PPP Canada: Leading the Government’s P3 Agenda. Crown Corporation reporting through the Minister of Finance
E N D
Achieving better value, timeliness and accountability through public-private partnerships Saskatchewan P3 Summit2014Regina, SK September 9, 2014 John McBride, CEO, PPP Canada
PPP Canada: Leading the Government’s P3 Agenda • Crown Corporation reporting through the Minister of Finance • Operational since 2009 • Accomplished private sector Board • Focal point for developing P3 expertise
Why PPP Canada? • Tasked with: • Being a source of expertise • Identifying federal P3 projects and advising on their execution • Leveraging federal funding of provincial and municipal infrastructure projects to promote effective P3s, including the dedicated P3 Canada Fund • P3s require new and specialized skills within the public sector • The federal government is a significant player in public infrastructure development
Working with Provinces, Territories and Municipalities: New P3 Screen for Building Canada Fund • All projects with a capital cost over $100 million submitted for federal funding are subject to a P3 Screen • If initial P3 suitability assessment indicates P3 potential, a complete Procurement Options Analysis (POA) is required • This is consistent with existing practices in many provinces • The federal government recognizes established practices and methodologies employed by experienced provinces • PPP Canada administers the P3 Screen and provide advice to the Department of Infrastructure and Communities
Priority Infrastructure Categories • Water and Wastewater • Public Transit • National Highway System • Solid Waste Management • Local roads • Shortline rail • Short Sea Shipping • Regional and Local Airports
Working with Provinces, Territories and Municipalities: Results from Original $1.2 Billion from the P3 Canada Fund • Over $6 billion in capital investment – 5:1 leverage • Have committed funding to over 20 projects • 16 jurisdictions employing P3 for the first time • 58% of the $1.2 billion committed to 15 municipal projects • Mix of small, medium and large projects • 7 water/wastewater projects • 7 public transit projects
Working with Provinces, Territories and Municipalities Renewed $1.2 billion P3 Canada Fund • $1.2 billion over 5 year renewal of P3 Canada Fund announced in Budget 2013 • Funding of up to 25% of eligible capital costs remains unchanged • First investment round of renewed P3 Canada Fund was launched April 14th • Focus remains on: • Economic growth priorities: transportation, water/wastewater, solid waste disposal • Maximum privatesector participation: preferablyDesign-Build-Finance-Operate-Maintain, minimum Design-Build-Finance-Maintain • Building experience: new jurisdictions, new sectors, new approaches • Project Development Funding available for up to 50% of upfront P3 project development costs
The Canadian Context – Municipal P3s • 20 P3 projects entered into the procurement phase in 2013 • 7 of these projects were at the • municipal level up from 1 in • 2008 • All of the projects were in • municipalities employing the • P3 model for the first time
The Canadian Context – Municipal P3s • Increasing interest and adoption by Canadian municipalities as demonstrated through the P3 Canada Fund: • 50% of applications under Round Five; and • 79% of applications under Round Six • PPP Canada development of tools and guides and workshops to assist municipalities in the screening and development of their P3 projects • Economic Action Plan 2014 “PPP Canada… will • undertake additional efforts to provide smaller • municipalities with information, guidance and • tools to support P3s and promote the bundling • of projects.