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You know I’m no fan of the World Bank. But from time to time, curiosity opens some doors. This is what I found. More than 50% of PPPs are renegotiated… Let that sink in. 50%. And usually in favor of the private sector... ​ 50–60% of PPP contracts in developed countries ​ So the contract you sign is not the contract you live with. ​ What does it mean? ​ Simple… ​ It means the real risk allocation It means Value for Money is often theoretical. It means bidders price for renegotiation, ​ If you did not know that… sorry. Life is tough. And money is made in these nuances. If you want to get any of this mindset… I know a place. You can click below. ​My Mentorship​ ​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
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This week I received a message from a subscriber that should make every government, agency, and consulting firm uncomfortable. It came from a man who led one of the most successful Education PPPs in the world. A $165 million program funded by USAID.Implemented across 10 districts in Sindh, Pakistan.State-of-the-art schools.A pioneering Education Management Organization (EMO) model.One of the few genuine unsolicited PPP projects in the country.A full PPP Guide & Toolkit still in use today. He...
It is a much small bag. But my wife is happier. Christmas present. She needed a new bag. Found one she liked but it was much smaller than her previous bag. She was worried. But yesterday, she said. I'm very happy with this bag. You know why? Surprise me... (but I knew the answer). As it smaller, I put less things inside, and it's much lighter. Like tender documentation. I've been heavily criticised for being a fanatic of reducing as much as I can the "space" for bidders to explain their...
Almost a year in the market. 3.5 million. Then, 3.0. Then, 2.9. I liked it, I compared it with the market. I thought that 2.8 – 2.9 mil could be a good deal. Offer: 2.75 million. Not very big, not too fancy… but a view. You have to pay well for those things in NZ… and not an investment, but a place to live. Anyway. Counter-offer… 3.2 million. The agent called it buyer’s regret. I call it, not serious. This happened in December. And this is not uncommon. I’ve seen teams that once named...