Local Government Finance and Trading
- Purpose: Understand financing options for local authorities.
- Review project funding sources and trends.
- Develop PPP/PFI business cases and manage risks.
- Learn about leasing agreements and project contracting.
- Gain insight into project management and procurement processes.
Overview
This one-day course provides an overview of financing local authority purchases, including sources of project funding, funding approaches, developing PPP/PFI business cases, risk assessment, leasing agreements, project contracting arrangements, procurement processes, project management steps, and contracting for PFI. The course aims to help delegates understand available finance types for local government, funding implications, and how to create business cases for funding applications. It is designed for managers involved in developing business cases and managing project procurements.
Who should attend
Managers
Course duration: 1 Day
Course Running order
A background to financing local authority purchases
Sources of project funding currently available to local authorities and a review of the current status of their use, their successes, failures and trends in application
Selecting a funding approach
Developing a PPP / PFI business case
The main areas of risk
Leasing agreements- the types of agreement and their pitfalls
Typical project contracting arrangements used under the PPP / PFI
The procurement process for project procurements
The steps the team have to take during project management
Contracting for PFI
Course objectives
To give the delegates a good understanding of the types of finance that are available to the local government sector, help their understanding of which types of funding suit which types of procurement and project and the implications of funding choice for the authority and the taxpayer. To give delegates a framework for how to go about creating the business cases that will secure confidence in their funding applications. Understand the requirements on the contracting team during management of PPP or PFI funded projects.
Who should attend?
All managers involved in the development of business cases for and management of project procurements
