1 / 31

NAO Annual Private Finance Conference 7 th July 2008 John Burns Programme Director, WIDP

NAO Annual Private Finance Conference 7 th July 2008 John Burns Programme Director, WIDP. Contents. Aims and Action Plan Who Does What ? Transactor Support PFI Credit Support Guidance. 1. Aims and Action Plan. WIDP’s Aims (1).

amorina-curt
Download Presentation

NAO Annual Private Finance Conference 7 th July 2008 John Burns Programme Director, WIDP

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NAO AnnualPrivate Finance Conference7th July 2008John BurnsProgramme Director, WIDP

  2. Contents • Aims and Action Plan • Who Does What ? • Transactor Support • PFI Credit Support • Guidance

  3. 1. Aims and Action Plan

  4. WIDP’s Aims (1) Second Kelly Market Review advocated greater focus on developing the infrastructure for delivering EU Landfill Directive targets. WIDP aims to support Local Authorities in England manage the procurement of the new infrastructure required to reduce the amount of biodegradable municipal waste landfilled (relative to that produced in 1995) • to 75% by 2010 • to 50% by 2013 • to 35% by 2020

  5. WIDP’s Aims (2) To build on several existing streams of work within the Waste Implementation Programme. To bring together the resources and roles of Defra, Partnerships UK and 4ps in support of Authorities undertaking waste projects

  6. WIDP Action Plan – Success Factors (1) • Stable policy environment well communicated • Effective communications • Engagement of Energy Supply Industry and Government Energy Policy • Support on planning process • Programme affordability

  7. WIDP Action Plan – Success Factors (2) • Programme Direction and Monitoring • Incentives for Authorities to cooperate and host facilities • Market Development including stimulating capacity • Pipeline Management • Support for Authorities • Programme Information

  8. Pipeline Management Functions • Communicating rules of PFI award rounds to LAs • Managing allocation of PFI funds to projects • Supporting development of all Projects (PFI and non-PFI projects) • Communications with the bidding, funding and advisory communities • Monitoring progress of projects in development and procurement

  9. Growing Pipeline – PFI and PPP deals Closes pa 15 10 5 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13

  10. 2. Who Does What?

  11. WIP Structure and Governance Waste Strategy Programme (WIP) Board WIDP Exec Board See Next Page

  12. WIDP – Structure WIDP Exec BoardJohn Burns Defra Michael Gerrard PUK Chris Wilson 4ps Data Collection & Analysis (Keith Rogers) Policy and Market Coordination (Melville Haggard) Transactor Coordination (Ben Prynn) Programme Support Office (Alan Williams) Guidance and Contract Coordination (Amar Qureshi) Project Development & Scrutiny (John Enright)

  13. National Transactor Coordinator Ben Prynn North Duncan Powell Midlands David Revell South Jeremy Seldon London John Enright Transactor Coordination Team Projects

  14. 3. WIDP Transactors

  15. Transactor Support for Authorities • Point of contact for all communications with Defra • Available for non-PFI projects as well as PFI projects • Strengthens authority client team – does not substitute for the use of advisers • Complements existing skills development and procurement QA processes • Subject to an MoU

  16. Project Development Business Case OJEU Notice Final Tenders Procurement Stage Pre-qualification FBC development and scrutiny Post procurement review Planning and Operations When Can Transactors Help? We will work with authorities at any stage from project development to commissioning and throughout the operational phase.

  17. Procurement Contracts Governance/QA Guidance/best practice Waste sector knowledge Local government finance Project finance Planning Negotiations Project Management Liaison with Central Government Contacts with industry Defra Policy Multi Authority projects Member briefing Transactor Skills

  18. PFI Funding History • 23 projects already allocated PFI funding: • 15 in implementation • 8 in procurement • Allocation based on a “first come first served” principle • Awards varied from £13m to £100m with an average of £46m - not linked directly to capex

  19. PFI Funding Now • PFI credit criteria (May 2006) still apply. • CSR 07 allocated • 2008/9 £600m • 2009/10 £700m • 20010/11 £700m • Credits allocations to projects determined by relevant capex (minimum 50%)

  20. PFI Credit Criteria Criteria published in May 2006 emphasise: • Inter-Authority Partnership working • Diversion from landfill and residual waste treatment • Municipal Waste Management Strategies • Site availability and planning status Plus • Recycling levels • Carbon implications of treatment

  21. PFI Credits – Award Rounds • Two step application process • Expression of Interest • Outline Business Case • Standardised EoI, OBC and FBC documentation • Six monthly award rounds

  22. Round EoI Submission OBC Submission OBC Approval 1 n/a n/a Summer 07 2 n/a Oct 07 Winter 07/08 3 n/a April 08 Summer 08 4 March 08 Oct 08 Winter 08/09 PFI Credits – Award Rounds (2)

  23. Award Round 1 – 2 Projects in Procurement Merseyside Waste Disposal Authority • approved April PRG • OJEU’d on 11 July 2007 North Yorkshire and City of York • approved July PRG • acquired sites • OJEU’d 1 September 2007

  24. PFI Credits – Award Round 2 • Covers projects which submitted Expressions of Interest before March 2007 • Projects Involved • Bradford • Suffolk • South Tyne and Waste Partnership • Leeds • Barnsley, Doncaster and Rotherham • OBCs approved Feb – June 2008

  25. Essex CC Gloucestershire CC Leicestershire CC Lincolnshire CC MK/Northamptonshire CC North London Waste Authority Norfolk CC Plymouth/Torbay/Devon Staffordshire CC Award Round 3 - 9 EoIs Received Due to PRG by Sept 2008

  26. Award Round 4 • Authorities submitted EoIs by 31 March 2008 • 12 EoIs received • 10 progressing • WIDP Transactors allocated Due to PRG by Feb 2009

  27. Guidance Status Consultation Date Launch Date Planning Systems Guidance and Planning Health Framework Published - August 2007 Prudential Borrowing – Frequently Asked Questions Under consultation December 2007 – 1 February 2008 Anticipated July 2008 Output Specification Under consultation December 2007 – 22 February 2008 Anticipated July 2008 Payment Mechanism Under consultation December 2007 – 22 February 2008 Anticipated July 2008 GuidancePublished or Under Consultation

  28. Guidance Status Consultation Date Launch Date Options Appraisal Anticipated to be published shortly - Anticipated June2008 Project Governance Anticipated to be published for consultation shortly Anticipated February 2008 – March 2008 June 2008 - GuidanceTo be published shortly

  29. Guidance Status Consultation Date Launch Date Joint Working Under development - Autumn 2008 Contract Under development Summer 2008 Autumn 2008 Open Market EfW Contracts Under development - Autumn/winter 2008 GuidanceUnder development

  30. Issues looking forward – 2008/9 • Carbon • Renewable Energy/CHP • Consortia working • WDA partnership working • SRF composition, use and fuel mixing • Waste wood

  31. Questions welcome!

More Related