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 are comprised 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 The Primers are intended to assist practitioners in the planning and evaluation of P3 procurements.

P3-Value Orientation Guide
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.

Risk Assessment Tool
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
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
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
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.