An Interactive 5-Day Training Course

Financial Oversight, Risk Allocation and Investment Verification in PPPs

Fiscal Risk, Value for Money and Financial Supervision for Public Authorities

Financial Oversight, Risk Allocation and Investment Verification in PPPs

Scheduled Dates

12 - 16 Oct 2026
Online
$4,950
02 - 06 Nov 2026
London - UK
$5,950
05 - 09 Apr 2027
London - UK
$5,950
06 - 10 Sep 2027
London - UK
$5,950
11 - 15 Oct 2027
Online
$4,950
01 - 05 Nov 2027
London - UK
$5,950

Why Choose this Training Course?

This Financial Oversight, Risk Allocation and Investment Verification in PPPs training course equips professionals with the knowledge and practical frameworks required to strengthen financial governance, evaluate fiscal risks, and ensure effective financial oversight across Public-Private Partnership (PPP) projects. As governments increasingly use PPPs to finance and deliver infrastructure and public services, ensuring robust financial supervision has become essential for protecting public resources, maintaining investor confidence, and achieving long-term value for money. Participants will gain practical understanding of financial oversight frameworks, fiscal risk assessment, investment verification methodologies, risk allocation principles, and performance monitoring practices that support effective PPP governance throughout the project lifecycle.

Financial oversight of a Public Private Partnership (PPP) is the supervision of the money behind the contract: the financing structure, the allocation of risk, the investment the private partner has committed to make, and the fiscal exposure the government carries. It is what allows a public authority to confirm that a concession remains affordable, financeable and good value across its full term. This training course gives public officials the financial literacy and verification techniques needed to oversee PPP projects with confidence, from the financial model and risk matrix through to investment certification, refinancing gains and termination economics.

This Financial Oversight, Risk Allocation and Investment Verification in PPPs training course will highlight:

  • Financial governance and oversight frameworks for PPP programmes
  • Fiscal risk assessment and value-for-money evaluation methodologies
  • Risk allocation principles and investment verification practices
  • Financial supervision, reporting, and performance monitoring
  • Strengthening public sector capability in PPP financial governance

What are the Goals?

By the end of this Financial Oversight, Risk Allocation and Investment Verification in PPPs training course, participants will learn to:

  • Read and interrogate a PPP project finance structure and financial model
  • Apply the principles of risk allocation and track risk through the contract term
  • Assess value for money and affordability, including the public sector comparator
  • Identify, quantify and monitor fiscal risk and contingent liabilities
  • Verify committed investment, milestone delivery and lifecycle obligations
  • Understand refinancing, gain sharing, change of control and termination economics

Who is this Training Course for?

This Financial Oversight, Risk Allocation and Investment Verification in PPPs training course is suitable to a wide range of professionals but will greatly benefit:

  • Financial oversight and investment verification officers in public authorities
  • PPP unit and superintendency staff with a financial supervision remit
  • Ministry of finance and treasury officials monitoring fiscal exposure
  • Auditors and internal control staff reviewing PPP and concession contracts
  • Sector regulators assessing tariffs, investment and financial performance
  • Public officials involved in approving or overseeing PPP transactions

How will this Training Course be Presented?

The training course combines expert instruction with applied financial exercises using representative PPP financial models, risk matrices and case studies. Participants work through investment verification scenarios, contingent liability assessments and refinancing examples, building practical skill rather than theory alone. Concepts are introduced in plain terms so that officials without a specialist finance background can apply them with confidence.

Organisational Impact

The Organisation will have the following benefits:

  • Greater assurance that PPP projects remain affordable and good value over time
  • Earlier visibility of fiscal risk and contingent liabilities
  • More reliable verification that committed investment is delivered
  • Stronger oversight of refinancing, equity transfers and change of control
  • Reduced exposure to financial distress and disputed termination
  • Better informed budgeting, disclosure and fiscal reporting

Personal Impact

At the end of this training course, the participants will gain the following:

  • The ability to read a PPP financial model and understand its drivers
  • Confidence in applying and challenging a project risk matrix
  • Practical technique for verifying capital investment and milestones
  • A working understanding of fiscal risk, PFRAM and contingent liabilities
  • Insight into refinancing gains and how the public sector should share them
  • Improved judgement on value for money and affordability

Daily Agenda

Day 1: The PPP Financial Structure
  • Project finance principles and the special purpose vehicle
  • Debt, equity, gearing and the sources of PPP finance
  • The cash flow waterfall and the order of financial priorities
  • Reading the PPP financial model and its key assumptions
  • Base case, sensitivities and the lenders' perspective
  • How financial structure shapes the authority's oversight tasks
Day 2: Risk Allocation and Management
  • The principle of allocating risk to the party best able to manage it
  • Building and interpreting the project risk matrix
  • Demand risk versus availability risk and their fiscal consequences
  • Construction, operating, financing and macroeconomic risks
  • Force majeure, change in law and relief mechanisms
  • Tracking whether the agreed risk allocation still holds over time
Day 3: Value for Money and Fiscal Oversight
  • Value for money assessment and the public sector comparator
  • Affordability and the limits of the public budget
  • Direct and contingent liabilities arising from PPPs
  • The IMF and World Bank fiscal risk assessment approach (PFRAM)
  • Accounting, budgeting and fiscal disclosure of PPP commitments
  • Managing fiscal exposure at the portfolio level
Day 4: Investment Verification and Financial Monitoring
  • Verifying committed capital investment against the contract
  • Milestone certification and independent financial review
  • Monitoring operating and lifecycle expenditure obligations
  • Using the financial model as a live oversight tool
  • Refinancing, gain sharing and the authority's rights
  • Equity transfers, change of control and their financial implications
Day 5: Financial Distress, Restructuring and Termination
  • Early warning indicators of financial distress
  • Monitoring financial covenants and lender relationships
  • Restructuring, refinancing risk and standstill situations
  • Lenders' step-in and its financial consequences
  • Termination payments for default, convenience and force majeure
  • Handback, residual value and end of term financial obligations

Certificate

  • Upon successful completion of this training course, delegates will be awarded an official PetroKnowledge Certificate of Completion, signed by the course facilitator. The certificate confirms successful participation and records the total learning hours completed.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.

Accreditation

NASBA Approved Training Courses

Would an alternative date be more suitable?

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