Tag Archives: Social Infrastructure

Healthcare and Hospital PPP, Organisation Development and Training, Publications, School and Education PPP, School PPP, Smart Cities, Smart City, Training and Development, Uncategorized

Caledonian Economics PPP Masterclasses

IMG_1915Senior public sector officials from central government departments in Beijing and several Chinese provinces including Jinan, Guangzhou and Hebei have taken part in our PPP Masterclasses this month.  This follows events we have run previously for government officials in Latvia and Uruguay and of course many training and development events in Scotland.

Our bespoke events draw from a menu of knowledge areas that covers all financial and commercial aspects of Public Private Partnerships.  They  provide an ideal opportunity to learn and share expertise that equip participants will skills to develop robust projects which deliver real social and economic benefits.

Our Event Leaders include some of the most experienced PPP practitioners in the world.  This professional team has worked at every stage in the PPP development process including sectoral strategy  development, feasibility and planning, transaction support, operational performance improvement, and rescue of distressed PPP projects.

Please contact us if you would like to know more about how we can help you shape better projects.

 

Education Strategy, Key Performance Indicator, KPI, Organisation Development and Training, School and Education PPP, School PPP

Dumfries and Galloway Schools PPP – Operational Support

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We have been reappointed to provide financial advisory support to Dumfries and Galloway Council for the operational phase of the Smarter Schools PPP project.

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Stranraer Academy, refurbished and extended

This project was signed in 2008 and all eleven schools were operational by 2010.  The project was financed by a £127 million facility provided by HSBC and the European Investment Bank.

This reappointment continues our long relationship with the Council which spanned the project business case, tender preparation and evaluation, financial close, and project effectiveness assignments during the operational phase.

Healthcare and Hospital PPP, Publications, School and Education PPP, Training and Development

Published articles on developments in Social Infrastructure PPPs

Scotland has a great record of evolving PPP models to suit particular geographic, social and political conditions going back almost two decades.  Meanwhile, recent developments in Wales are breaking new ground.

In two articles recently published on the FOMIN/Inter-American Development Bank and World Bank blogs, Martin Finnigan and Michael Walker explain some of the nuances and make the case for applying such models more widely.

Healthcare and Hospital PPP, Key Performance Indicator, KPI, Organisation Development and Training, Smart Islands

NHS Orkney New Hospital – Financial Close

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Caledonian Economics would like to congratulate NHS Orkney, Robertson Capital Projects and the project team on reaching financial close and signing the contracts for the New Orkney Hospital and Healthcare Facility. 

With colleagues from QMPF we have been working with NHS Orkney for several years to support the business case and subsequent procurement under a variant of the Scottish PPP/NPD model.        

The new Rural General Hospital will have 49 inpatient beds covering acute, cancer & palliative care, maternity and rehabilitation  and will host a variety of services including two GP Practices, Dental and support services.  When it opens in 2019 it will provide a state of the art modern building which will enhance the services staff can offer, utilising technology and the improved facilities.

More details here: http://www.ohb.scot.nhs.uk/new-hospital-and-healthcare-facilities 

This continues Caledonian Economics’ long association with Orkney, having previously supported Orkney Islands Council on the procurement of the new Kirkwall Grammar School and Theatre, Pickaquoy Leisure Pool and Stromness Primary School, using a unique variant of the PPP structure.

Healthcare and Hospital PPP, Publications, School and Education PPP

Infradeals Rank Calecon 1st global for PPP social deals.

Infradeals published their 2016  and Global PPP and Infrastructure advisor league tables in January. 

With 11 signed deals at a value of $453 million, Caledonian Economics ranked first Financial Advisers to the public sector side of social infrastructure deals. 

Calec Global PPP Social Infra ranking

 

Key Performance Indicator, KPI, School and Education PPP, School PPP

New West Calder High School Reaches Financial Close

West Lothian Council’s procurement of the new West Calder High School from hub South East reached Financial Close today, 14 December 2016.

This is the eleventh such Financial Close using the Scottish hub/DBFM PPP financing model that Caledonian Economics has advised on this year.

The new high school building has been designed to meet modern access requirements and support inclusion of pupils with additional learning needs in line with the ‘presumption of mainstream’.

The new location  will enable greater community access to the very high standard of facilities, particularly physical education facilities for community use outwith core school hours.

 

Healthcare and Hospital PPP, Key Performance Indicator, KPI, Smart Cities

NHS Grampian – Foresterhill and Inverurie Health Centres – Financial Close

We would like to congratulate NHS Grampian on achieving Financial Close (on 5 December 2016) with hub North Scotland Ltd on the project to build new health centres in Inverurie and Foresterhill (Aberdeen) using the hub/DBFM/PPP structure.

The total construction cost of around £22 million will be funded by institutional debt from Aviva, and subordinated debt from Currie & Brown Equitix, Galliford Try Investments, NHS Grampian, the Scottish Government and the Hub Charitable Foundation. 

We advised NHS Grampian throughout the procurement up to and including financial close.  Our responsibilities included assessing the financial submissions from the private sector partner, confirming levels of private sector returns, margins and fees, payment mechanism calibration, and support of commercial negotiations.

The Foresterhill Health Centre is being built within the site of Aberdeen General Hospital, adjacent to the Anchor Cancer Care Centre.  It proximity will allow excellent liaison between Primary care and specialist services.

Inverurie Health Centre is home to the largest single General Practitioner practice in Scotland with around 21,000 registered patients, projected to rise to 30,000 by 2021.  The new health centre will be a major improvement on the existing facility.  At around 3,500 square metres, it will have space to incorporate community health services such as dental and community maternity provision. There will also be an energy centre as part of the development.

School and Education PPP

Aberdeen City – New South of the River Secondary School

Contracts were exchanged yesterday between Aberdeen City Council and hub North Scotland for the construction of a  new £45 million 1400 pupil school to service the south of the city.  This is being delivered under the Scottish hub/DBFM/PPP commercial structure.

We have supported the council throughout the project’s development, first in 2013 by helping develop the Educational Benefit Statement which underpinned the decision to create a new school by closing and merging Torry Academy and Kincorth Academy, and more recently as the Council’s financial advisers.

In this latter role we advised the Council throughout the procurement, testing and analysing the financial model, checking it was consistent with the technical solution and the central government funding offer, and ensuring it was fully optimised and delivering value for money across a range of inflation scenarios.

This continues a long relationship with the Council. We advised on the procurement of the ‘3Rs’ schools PPP from 2004 onwards, and in 2011 we assessed options for educational provision in the north western part of the city.

 

 

Economic Development, Healthcare and Hospital PPP, School and Education PPP, Training and Development

Government of the Republic of Uruguay

Working with Castalia Strategic Advisers and with support from the Inter-American Development Bank we advised the Government of Uruguay and Corporación Nacional para el Desarrollo (CND) on the development of financial and technical aspects of the Uruguayan early years education PPP programme.  This will create up to 60 kindergartens and family support centres to support the national poverty reduction and social inclusion policy.

Our responsibilities included project  financial modelling, international best practice studies and the development of bespoke technical documentation which drew on our extensive experience of PPP transactions and implementation.

Healthcare and Hospital PPP, Organisation Development and Training, Training and Development

Healthcare PPP Programme, Turkey

We have been selected as preferred bidder, alongside partners in Istanbul, Ankara and Warsaw, to assist the Government of Turkey and the European Bank for Reconstruction and Development with the design and implementation of the Ministry of Health Monitoring Unit for the national Healthcare PPP programme.

This is the largest Healthcare PPP programme in the world and will deliver at least 14 new hospitals with over 26,000 beds.