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Managing Risks - Department of Public Works and Services

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P3 Relationship<br />

(Typical for Infrastructure)<br />

GOVERNMENT<br />

PUBLIC<br />

ENTITY<br />

(“”OWNER”)<br />

BOND HOLDERS<br />

SENIOR<br />

DEBT<br />

EQUITY<br />

EQUITY<br />

$ FUNDING<br />

DIVIDENDS<br />

P3 CONTRACTOR<br />

(Private Partner SPV)<br />

$ FUNDING<br />

INTEREST &<br />

PRINCIPAL<br />

BANKS/BONDS/INVESTORS<br />

$<br />

DESIGN BUILD<br />

CONTRACTOR<br />

O & M SERVICE<br />

PROVIDER<br />

DESIGN<br />

CONSULTANTS<br />

SUBCONTRACTORS<br />

EQUIPMENT<br />

SUPPLIERS<br />

Note:<br />

P3 Contractor is typically special-purpose vehicle (to be formed)<br />

46

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