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In order to maintain a high level of economic investment, the EU Member States are seeking to develop financing mechanisms which bring together the public and private sectors, not only to control budgetary expenditure but also to pool these two sectors' specific know-how.

The Portuguese have been active in the PPP market for a number of years, specifically in terms of transport projects - in particular toll roads for which the payment mechanism of shadow tolls has been used.

The Portuguese have progressed their use of PPP as a form of procurement by beginning to establish new projects across more government departments. An announcement of the deliver of 5 hospitals through PPP is imminent.

Confirmed Speakers

Dr Glynne Evans, HM Ambassador, British Embassy Lisbon

Jorge Abreu Simoes, President, Parcerias.Saude, (Partnerships Health)

Francisco Jose Cardoso Dos Reis, President, RAVE/ REFER

Tim Banfield, Director, National Audit Office UK

Jim Lockie, Head of Schools Private Finance Unit, Department for Education and Skills, UK

Aideen Foley, Communications Officer, Central PPP Unit, Department of Finance,Ireland

Herb Nahapiet, Managing Director, UKDS

Stephen Paine, Executive Director, UBS Warburg

Pedro Ferreira Neto, Head of Project Finance Division, Espirito Santo Investment

Nicholas Jennett, Senior Health Economist, European Investment Bank

Dr Timothy J Stone, International Chairman, PPP Advisory Services, KPMG

Mike O’Brien, Chairman, United Healthcare

Jorge Santiago Neves, Partner, Baroccas & Alves Pereira

Previous Attendee's at SMi PPP /PFI Conferences

PricewaterhouseCoopers, Aon Risk Management JacobsGibb Portugal, Ecorys Finance, Barclays Capital, DePfa Bank Europe, Laing Investments Limited, Freshfields Bruckhaus Deringer, Cuatrecasas Abogados

Conference programme

8:30 Registration & Coffee

9:00 Chairman's Opening Remarks

Paulo Santos

Paulo Santos, Partner, KPMG

  • Paulo Santos has been a Partner at KPMG for 7 years. His recent activity, as Head of the Corporate Finance Practice, includes PPP Advisory Services and Project Finance transactions, where he led the advisory to both public and private sector clients on a variety of sectors.
  • 9:10 Welcoming Address from the British Ambassador of Portugal

    Dr Glynne Evans

    Dr Glynne Evans, HM Ambassador, British Ambassador Portugal

  • After her doctorate, Glynne Evans was a University Lecturer in Latin American history before she joined the Diplomatic Service in 1971. She has spent most of her career dealing with multilateral issues (European Union and UN). Prior to Lisbon, she was Ambassador to Chile.
  • 9:30 Keynote Address: AN OVERVIEW OF THE INTERNATIONAL PFI MARKETS

    Dr Timothy J Stone

    Dr Timothy J Stone, International Chairman,PPP Advisory Services, KPMG Corporate Finance

  • Overview of the privately financed infrastructure in Europe
  • Harnessing private sector innovation and efficiency
  • Transfer of construction and operating risk to the private sector
  • Trends as the market continues to evolve
  • 10:20 EDUCATION PFIs – THE BRITISH EXPERIENCE

    Jim Lockie

    Jim Lockie, Head of Schools, Private Finance Unit, Department for Education and Skills

  • The pros and cons of PFI finance in school projects
  • An overview of the operational projects in the UK so far
  • Considering new funding methods in Education
  • Preferred models
  • Case studies
  • What could the international market adapt from the UK experience?
  • 11:00 Morning Coffee

    11:20 THE IRISH EXPERIENCE

    Aideen Foley

    Aideen Foley, Communications Officer, Central PPP Unit, Department of Finance, (Ministry of Finance)

  • Why PPP?
  • PPP structures in Ireland
  • Value for money
  • 12:00 OPPORTUNITIES IN THE HEALTH SECTOR

    Dr Jorge Abreu Simoes

    Dr Jorge Abreu Simoes, President, Parcerias.Saude, (Partnerships Health), Ministry of Health

  • The role of the State in providing health care services
  • The new legal framework for PPP Schemes
  • The new Hospitals PPP Program: the 1st and 2nd wave
  • Main characteristics of the Portuguese model
  • Timetable and the PPP procurement route
  • 12:40 Lunch

    14:00 THE ROLE OF EIB IN THE FINANCE AND PROVISION OF PUBLIC SERVICES – THE HEALTH SECTOR

    Nicholas Jennett

    Nicholas Jennett, Senior Health Economist, European Investment Bank

  • Health – a priority sector for EIB involvement
  • The EIB experience with PPP projects in the health sector
  • Identifying and appraising cost effective and value for money projects in the health sector
  • Approach to financing
  • 14:40 STANDARDISATION

    Jim Buchanan

    Jim Buchanan, Partner, Projects Group, Berwin Leighton Paisner

  • How is healthcare different?
  • Pre-standardisation
  • Post-standardisation
  • Refinancing
  • Lessons from the past 5 years
  • 15:20 3.20 Afternoon Tea

    15:40 THE PORTUGUESE PPP HEALTH PROGRAMME

    Jorge Santiago Neves

    Jorge Santiago Neves, Partner, Baroccas & Alves Pereira

  • Overview of the procurement process in the Portuguese PPP/PFI context
  • Legal framework of the Portuguese health sector
  • Defining the principles of PPP in the public health sector
  • Legislation governing PPPs in the health sector
  • Procurement issues in upcoming tenders in the PPP health programme
  • 16:20 DEVELOPING AND EQUIPPING NEW HOSPITALS UNDER PFI

    Mike O’Brien

    Mike O’Brien, Chairman, United Healthcare
    View Bio

  • Initial assessment to completion and operation
  • The Design Build Finance and Operate contract
  • Managed equipment services
  • Assessing the medical equipment needs
  • Utilising existing equipment and facilities
  • Mechanisms for dealing with equipment choice and upgrades Performance issues
  • 17:00 Chairman’s Closing Remarks and Close of Day One

    9:00 Chairman's Opening Remarks

    Ronnie Price

    Ronnie Price, Director General, Portuguese Chamber, Portuguese - UK Business Network

    9:10 OVERVIEW OF THE PPP ROADS MARKET IN EUROPE

    Nick Chism

    Nick Chism, Partner, KPMG

  • Review of key markets and projects
  • Models for delivery of PPP roads
  • What works best?
  • Trends in the market
  • Implications for the Portuguese market
  • 9:40 THE NEED TO REDUCE TOTAL OWNERSHIP COSTS WHILE INCREASING CAPABILITY

    Tim Banfield

    Tim Banfield, Director, Defence Acquisition Studies, National Audit Office

  • Focusing on the delivery of capability
  • The NAO’s key findings
  • The benefits of Smart Acquisition
  • New challenges to be met
  • 10:20 CASE STUDY - THE HIGH SPEED RAIL LINK

    Francisco Jose Cardoso dos Reis

    Francisco Jose Cardoso dos Reis, President, RAVE/REFER

  • Planned completion in 2010
  • Addressing cost and revenue issues
  • EU funding
  • The environmental studies on:
  • - Lisbon – Madrid HSL (3 possible route)
  • - Lisbon – Oporto HSL (2008)
  • 11:00 Morning Coffee

    11:20 THE FINANCIAL STRUCTURING AND FINANCING OF COMPLEX PFI PROJECTS

    Pedro Ferreira Neto

    Pedro Ferreira Neto, Head of Project Finance Division, Espirito Santo Investment

  •  Choosing an appropriate project
  • Issues unique in the Portuguese PFI market
  • Allocation of risk
  • Structuring finance
  • Closing the finance deal
  • 12:00 PFI PRISON FINANCE IN THE UK

    Herb Nahapiet

    Herb Nahapiet, Managing Director, UKDS (UK Detention Services)

  •  PFI prison projects done so far in the UK
  • Risk and role division in design, construction, management and finance
  • Major risks retained by the public sector:
  • Major risks transferred
  • The benefit to the public and private sectors
  • 12:40 Lunch

    12:40 TRANSFERRING SHADOW TOLLS TO REAL TOLLS

  • Ensuring free alternatives and regional equity
  • Transaction costs
  • Commercial risk - does it change?
  • Professor Carlos Fernandes

    Professor Carlos Fernandes, Professor, Instituto Superior Technico

    Professor Carlos Fernandes

    Professor Carlos Fernandes, Professor, Instituto Superior Technico

    14:00 BONDS VS COMMERCIAL DEBT

    Stephen Paine

    Stephen Paine, Managing Director, UBS Investment Bank

  • Fixed or floating interest rates
  • Allowing project sponsors increased financial flexibility
  • Costs, rates and loan duration
  • Assessing the competition between these two sources of finance for project funding
  • Benefiting from more competitive rates and growing tenors
  • Widening the lender profile
  • 15:20 Afternoon Tea

    15:40 WATER AND WASTE WATER INITIATIVES

    Paulo Campos

    Paulo Campos, Member of the Board, AdP- Aquas de Portugal

  • Concession agreements
  • Regulatory issues
  • Legislative provisions
  • Commercial risk transfer
  • Financial bankability
  • 16:20 PANEL DISCUSSION – WHICH PFI TEMPLATES CAN BE ADAPTED FROM ONE COUNTRY TO THE OTHER?

  • Outline of the common issues in PFI
  • Resource management
  • Ensuring value for money to all parties
  • Are PPP’s adaptable enough to accommodate the differing priorities of the Governments?
  • Pedro Neto

    Pedro Neto, Head of Project Finance, Espirito Santo Investment

    Professor Carlos Fernandes

    Professor Carlos Fernandes, Professor, Instituto Superior Technico

    Professor Carlos Fernandes

    Professor Carlos Fernandes, Professor, Instituto Superior Technico

    Aideen Foley

    Aideen Foley, Communications Officer, Central PPP Unit, Department of Finance, (Ministry of Finance) Ireland

    17:00 Chairman’s Closing Remarks and Close of the Conference

    +

    Workshops

    Risk Transfer Techniques in Project Finance
    Workshop

    Risk Transfer Techniques in Project Finance

    Four Seasons Hotel, The Ritz
    27th November 2002
    Lisbon , Portugal

    Risk Transfer Techniques in Project Finance
    Workshop

    Risk Transfer Techniques in Project Finance

    Four Seasons Hotel, The Ritz
    27th November 2002
    Lisbon , Portugal

    Four Seasons Hotel, The Ritz

    Rua Rodrigo da Fonseca, 88
    Lisbon 1099 039
    Portugal

    Four Seasons Hotel, The Ritz

    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, SMI 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@smi-online.co.uk

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