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Cost-Benefit Analysis - ES fondi

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EN<br />

PPP<br />

Public Private Partnership<br />

• The financial discount rate may be increased<br />

to reflect a higher opportunity cost of capital<br />

to the private investor.<br />

• Under several types of PPP schemes (e.g.,<br />

BOT, DBFO) the owner of the infrastructure<br />

(typically the public partner) is different from<br />

the operator (the private partner). Then a<br />

consolidated financial analysis (owner and<br />

operator) should be used for the<br />

determination of the funding gap.<br />

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