Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Funding
Infrastructure Project Funding Questions
When funding any infrastructure project, there are a number of questions that project managers must be able to ask themselves. The answers to these questions help provide a better foundation for the overall success of the infrastructure project and provide reassurance that the project is running smoothly. Thus, it is important to spell out the three primary questions relating to delivery of public services, what funding mechanism will be used, and finally how much the financing will cost.
Will the public receive effective services from the infrastructure project?
Such a question helps provide justification for the project, especially in regards to investment and appraisal activities. Overall, the question helps direct project managers to make effective decisions regarding the project and how it will serve the community that it is located in. The community is the ultimate shareholder in the situation, and thus this question helps ensure that the primary shareholders within that community are...
According to Vickman (2009), understanding how the public will benefit from the services of a project addresses issues regarding regulator constraints. There are often issues where regulatory collisions are in conflict, which may have the potential to threaten the benefits of the shareholders and primary users. Understanding how to resolve such conflicts is crucial to increasing overall user benefits. Without properly answering this question, the project could potentially encounter pricing problems when considering net benefits.
What financial mechanism will be used to fund the project?
Understanding how the infrastructure project will be funded is a huge step in delivering the public services desired. This question is incredibly complex, and may require a blended answer of mixed funding mechanisms, depending on the nature of the unique situation and circumstances. Answering this question helps denote key responsibilities to the parties involved in financing the project and determines where resources will be…
References
Esty, B. & Sesia. A. (2010) 'An overview of project finance and infrastructure finance -- 2009 update', Course Pack
Park, S.H., (2009). 'Whole life performance assessment: Critical success factors', Journal of Construction Engineering and Management, 135 (11), pp. 1146-1161.
Vickerman, R. (2009) 'Appraising transport investments in a regulatory regime', Journal of Infrastructure Systems, 15 (4), pp. 273-277.
All sheets must be accounted for and either closed off or re-scheduled before the new 'work to' list is formed. The maintenance superintendent checks all sheets to ensure quality of the system. Defects are entered into the system by the operations personnel who monitor the operation of all equipment or are usually the first point of contact for other personnel. The technician who rectifies a defect is responsible for
This can subsequently result as the massive benefits to the commercial contestants devoid of the incurring of the extra cost that pertaining to such commercial participants. The participation of the export credit agencies accompanied by the existing multilateral developments institutions normally results to the lofty stage of the ecological, employment and other supplementary social standards, which are extremely expensive and cumbersome to, accomplished. The application these existing social standards are
Venue of the Festival Park is almost rectangular in plan with a side of 1000 meters by 750 meters and is familiarize with the long sides lying GCC SSE. In what direction is to follows N. To S. For convenience. It is situated at grid reference TQ390772. Park stretches along the slope and at two levels. At the lowest level (closest to the museum, the Queen's House, and behind them, the
(Vander Ploeg, 2003) Key findings stated in the report of Vander Ploeg include the following: Unlike the overall indications of municipal infrastructure needs, which identify water and wastewater infrastructure as having the greatest investment needs, western cities biggest needs exist in the transportation sector. In each of the cities except Vancouver, roads, bridges, interchanges, sidewalks and public transit make up at least half of the annual infrastructure deficit; This may be related
Expenditure Revenue Analysis NY PA Expenditure While governmental entities must strive to serve the public good to the best of their abilities, public administrators must navigate an environment of extreme complexity in which the allocated capital funds are put to their best use. The administration of the capital budgeting process can be extremely time consuming, confusing, and expensive. This research will discuss capital budgeting policies and procedures in the states of New
Transportation Recently, voters in Nashville participated in a referendum that would have raised taxes to pay for a $5.2 billion transit plan. The voters rejected the measure overwhelmingly, leading to concerns about the city's ability to handle its growth, as its streets and highways are becoming increasingly congested. Post-mortems of the referendum show that a variety of factors contributed to the heavy loss, including muddled messaging and a mayoral scandal that