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Tonight at 23:59, the price of the two Hand-Back Requirements courses almost doubles. That is the email. Now, let’s remove the excuses. You don’t need more information. You don’t need to “think about it.” You don’t need to ask your boss, your partner, your mentor, your procurement guru, your spirit animal or the guy in the office who still thinks financial close is the peak of human civilisation. You know whether this is for you. If you work in PPPs, concessions, infrastructure, lenders’ advisory, public procurement, asset management, contract management or long-term project delivery, Hand-Back Requirements are not a nice-to-have. They are not an appendix. They are not something for 2048. They are one of those quiet contractual bombs that nobody wants to discuss until everyone is already bleeding money. And that is exactly why I built these two courses. Course 1: A-30 Montréal. A proper benchmark. A serious hand-back regime. The kind of precedent you should study if you want to understand what good looks like. Course 2: Pūhoi to Warkworth. A real project. A real agreement. One of many. However, a real opportunity to see what happens when hand-back is less clear, when the disengagement period is too short, when pavement risk can become a beautiful little monster, and when too much is left for future agreement between parties who may not agree on anything when the time comes. That is the value. Not theory. Not generic PPP nonsense. Not a recycled “best practice” deck written by someone who has never been inside the machine. Two real projects. Two different approaches. One very simple lesson: If you do not understand hand-back, you do not fully understand the PPP. One day. In the middle of the trouble. Disputes. Fights. Relationship broken. In a witch-hunt race of blame. Someone will ask why the hand-back process starts when the fight has already started. And the answer will be simple: Because everyone was too busy looking important during financial close. Do not be that person. Or do. I don’t care. But the price changes tonight at 23:59. After that, buying the two courses will cost almost twice as much. Same content. Same lessons. Same mistakes avoided. Just more expensive because you decided to wait. Links below. ​The Room: 9 Lessons For A Successful Handback​ ​The Room: 9 Lessons From A So-So Handback Regime​ And of course, both courses are included in your subscription to The Room. Which is only $129.90. ​The Room​ 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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It doesn’t matter what project we’re talking about. PPP or else. If I took a picture of most people negotiating a Project Agreement today and compared it with one from five years ago, you wouldn’t notice the difference. Same priorities. Same obsession with financial close. Same attention to construction risk. Same drama around LDs, relief events, variations, refinancing, performance deductions and lenders’ approvals. And the same silence around Hand-Back Requirements. Nothing has changed....
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