P3 Toolkit

Analytical Tools

P3-VALUE Analytical Tools

Practitioners may use the P3-VALUE Analytical Tools to better understand the concepts, inputs, key assumptions and outputs from evaluations of risk, financial feasibility and "value for money" analyses used to compare the aggregate financial benefits and costs of a P3 alternative with traditional procurement. The P3-VALUE Analytical Tools comprise of four Excel-based spreadsheet tools designed to educate the user. As conceptual educational tools, they are not intended for use in detailed evaluation of actual projects. P3-VALUE Analytical Tools are intended to assist practitioners in the planning and evaluation of P3 procurements.

P3-VALUE Orientation Guide
Orientation Guide: PDF  HTML
The P3-VALUE Orientation Guide introduces users to P3s and the methods used in P3 evaluation. The Guide reviews the different types of P3s and their benefits and limitations, and explains how public agencies may evaluate different procurement options for a particular project. The Guide also explains how the P3-VALUE Analytical Tools can help users understand the processes and considerations that go into a rigorous quantitative analysis of P3 procurement options for transportation projects.

P3-VALUE Webinars

• Evaluating P3 Options: An Overview (May 2, 2013)
  This presentation provides an introduction to the P3 valuation process. It identifies the purpose of P3 evaluation, describes the process, identifies its limitations, and introduces the P3-VALUE suite of tools.
  Presentation: PDF  HTML
  Webinar recording: Audio
• Risk Assessment 201 (June 13, 2013)
  This presentation describes the various types of risks in the lifecycle of a major project and those typical to a P3. It explains the methods for quantifying and monetizing the value of individual risks and their allocation to the parties in a P3. How financial impacts of risks are incorporated into Value for Money analyses are also addressed. The presentation concludes with a lesson on how to use the P3-VALUE Risk Assessment Tool.
  Presentation: PDF  HTML
  Webinar recording: Audio
• Value for Money Analysis (July 11, 2013)
• Financial Structuring and Assessment (August 7, 2013)

P3-VALUE Troubleshooting Guide
This troubleshooting guide assists in the successful use of the P3-VALUE tool suite. P3-VALUE is comprised of four interactive, integrated spreadsheet-based tools including Risk Assessment, Public Sector Comparator, Shadow Bid, and Financial Assessment. The troubleshooting guide is meant to supplement the P3-VALUE user manuals by addressing typical technical issues that users may encounter when utilizing the suite.

Receive email notification when tools are updated

• Risk Assessment Tool
  User Guide: PDF   HTML
  Tool: Excel (macro-enabled)
  This tool assists the user in understanding the process used in identifying, defining, valuing, allocating, and mitigating risks. The output from this tool are used as inputs into the Public Sector Comparator and the Shadow Bid tools
  
  
• Public Sector Comparator Tool
  User Guide: PDF    HTML
  Tool: Excel (macro-enabled)
  This tool assists the user in understanding the process used in developing the hypothetical risk-adjusted cost if a project were to be financed, constructed, maintained and operated following the traditional public sector delivery model.
  
  
• Shadow Bid Tool
  User Guide: PDF  HTML
  Tool: Excel (macro-enabled)
  This tool assists the user in understanding the process used in estimating the cost to deliver a project as a P3. It calculates the current value of future payments to be made by the government entity to the private contractor.
  
  
• Financial Assessment Tool
  User Guide: PDF   HTML
  Tool: Excel (macro-enabled)
  This tool assists the user in understanding the process used to calculate value for money under a P3 and to evaluate financial viability, including identification of required financial subsidies, cash flow deficiencies, and payment amounts.