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Risk Management in Transport PPP Projects

In the Islamic Countries

100

The

selection of major projects

(new or ongoing) among those submitted for inclusion to the

PIP is carried out by DPIP on the basis of multi-criteria analysis. The criteria to be considered

for project analytical purposes are communicated to project promoters at the beginning of the

programming process; however these are not officially published and there is no standard set

of criteria formally adopted. The criteria are different depending on the type of project, whether

it is a new initiative, an ongoing one, or a project at its final implementation phase.

Public investment projects in Côte d'Ivoire are generally subject of studies and evaluation. These

analyses are however not framed in a well-defined standard national methodology or directive

specifying the methods of preparation, validation and publication of their results. Projects to be

submitted to DPIP for evaluation before their inclusion in the PIP, are described in project sheets

that do not systematically present all the information necessary to assess their socio-economic

impact. Infrastructure development projects, especially if assumed to be co-financed by

international institutions, are usually subject to more elaborate preparation and socio-economic

analyses in order to assess their cost-benefit ratios and sometimes environmental impacts.

Limited availability of funds for preparatory studies was mentioned as a key constraint for a

more in-depth analysis of projects during the selection process (République de la Côte d'Ivoire,

2019).

Once reviewed on the basis of the above-mentionedmulti-criteria analysis, projects are included

in the PIP. The PIP is the comprehensive reservoir of reviewed investment projects, from which

initiatives are selected to be included in the annual budget.

With specific regard to

PPP projects

, the PPP decree provides a summary and clear description

of the procedure for identifying projects that could be developed under the PPP model, but it

does not prescribe the specific criteria for selecting such projects. Generally, the suitability of

identified projects for a PPP initiative is evaluated by the promoter with the support of the CNP-

PPP, acting a strategic advisory body in this early stage of project identification.

Once identified as a potential PPP initiative, projects are included in the

database of PPP

projects

maintained by the CNP-PPP, which includes all active projects, and is used as a

management and control tool to support and monitor their implementation.

It shall be noted that

unsolicited proposals

are explicitly allowed by the PPP legislative

framework of Côte d’Ivoire, provided that these proposals relate to a project that is not on the

list of PPP projects published by the CNP-PPP and for which they have not initiated or

announced a pre-qualification phase, a tender or a competitive dialogue.

As soon as they are received, unsolicited proposals must be accompanied by the corresponding

technical and financial preliminary information allowing the contracting authority to assess the

relevance of the proposal, prior to beginning the procurement phase.

A key element in the phase of project investment planning is the

correct assessment of budget

,

which should include medium-term forecasts for investment projects, based on the full cost,

integrating both capital and operating expenses.

Traditionally, at the project selection phase, the budget analysis did not cover in detail life-cycle

expenditure forecasts for public investment projects. However, the budget papers sent to

Parliament each year in support of the Finance Bill detail the forecasts for the total amount of