Public-Private

Partnership Policy
POGO 750 / CEIE 690
Fall 2021
Week 4

 Agenda
• Grading complete on ITR • Public Sector
and bios (zeros on bios Comparator
are just to clear them
from my grading queue) • “Net present value and
internal rate of return:
• Midterm (3 weeks away) accounting for time”

• Term paper round robin • Financial Assessment of

(cont’d) P3s Review, World Bank
nancial model
• Spencer Street Station
lessons learned
2
fi

 Midterm - Thursday,
Oct. 7
• Take home — no class meeting

• Exam will be posted to Blackboard by 4:15 p.m.

• Completed exams must be submitted to Blackboard by 7:15 p.m.

• Short to medium essay style

• May include a short article to read and discuss

• Coverage:

• Assigned materials

• Class discussions

Term Paper Round

Robin (cont’d)

4
Spencer Street Station

5
• What were the reasons for employing a PSC on the
project?

6
• Did the use of the PSC serve the public interest in
the Spenser Street Station case?

• What lessons can be learned?

 Public Sector Comparator

and Raymond et al.,
“Investing in Transportation”

8
What is a PSC?

9
Source: Gómez-Ibáñez, José A., and Ian Davidoff. “Partnerships Victoria:
The Public Sector Comparator - HKS095-PDF-ENG,” 2006. https://
cb.hbsp.harvard.edu/cbmp/content/HKS095-PDF-ENG.
10
Why is it used?

11
What are its
limitations?

12
 Discussion Questions

1. What are the objectives of VfM and how are the

results used?

2. Who undertakes the PSC and VfM, and at what

point in the project development process?

3. What is the relationship between VfM and project

scope?

 “Net Present Value and

Internal Rate of Return:
Accounting for Time”

World Bank Financial Model /

Spreadsheet

14