ALTHAUS Group, NAIMA Member, opens a public-private partnership practice

ALTHAUS Group, NAIMA Member, opens a public-private partnership practice

  • 10 July 2017

Following market trends and taking into account an increased number of requests from clients about the realization of infrastructure projects, the leading Russian consulting firm ALTHAUS Group announces the opening of a public-private partnership (PPP) practice. Uliana Ogorodova has been appointed as Head of PPP Department.

The PPP practice of ALTHAUS Group offers services for comprehensive support for the realization of infrastructure and PPP projects using different models of project organization, involving legal, tax, financial and technical aspects.

The services of ALTHAUS Group PPP include:

  1. Project organization and legal structuring
  • Analysis and selection of the most appropriate PPP-model;
  • Development of a legal structure for the project;
  • Analysis of the regulatory environment of the project and development of accompanying normative legal acts (NLA);
  • Determining the conclusion of the agreement;
  • Development of a legal scheme for the project;
  • Determining a strategy for exiting the project.
  1. Project financial and economic structuring
  • Development of a financial model with an assessment of the project’s investment attractiveness;
  • Development of the financial sections of tender documentation;
  • Development of the financial part of the PPP draft agreement;
  • Comprehensive risk analysis, analysis of the project’s sensitivity;
  • Calculating the indicators of budget and socio-economic effectiveness of the investment project, Value for Money;
  • Business plan development.
  1. Technical support of the project
  • Investment justification;
  • Structuring and cost audit for the period of implementation of the investment project;
  • Monitoring the target use of funds;
  • Structural oversight.
  1. Investment advisory services
  • vendor due diligence, pre-sale preparation of the company
  • preparing investment memo and teaser
  • screening of potential investors, preparing a long-list
  • negotiations with potential investors
  • comprehensive legal support of the transaction.
  1. Support for project approval in state structures
  1. Preparation of tender documentation and support for concluding the PPP agreement

 The Head of the PPP division Uliana Ogorodova notes: “PPP mechanism has already proved its effectiveness long ago in Russia and abroad. First of all, it is a very sensitive sphere in which numerous socially significant projects are implemented with the participation of private capital. Roads, schools, and hospitals are being built. Due to the rapidity of the development of this direction in the short term, the information technology sector should undergo PPP-ization. As the result of such projects, the burden on the budget will be reduced, investors will receive a good financial return, and the people will receive quality products, developed infrastructure, modern education, and medical care. Today the Althaus PPP team is ready to share new ideas in the PPP sphere with you, and most importantly, they are ready to provide full assistance and complex support for your project from start to finish, beginning with the incubation stage and finishing with facility operation. Our practice possesses all the required competencies in the area of transaction structuring of PPP. These are organizational and legal, financial and economic support, and engineering. I am sure that together we will be able to run new quality and large scale PPP projects.”

Before taking her position with ALTHAUS Group, Uliana held the position of deputy head of PPP development in the Ministry of Economic Development of the Russian Federation, where for the past several years she examined all the federal concession projects. Her professional experience also includes legal practice and work in the legal departments of subsidiaries of GC Basic Element and the Internet Initiatives Development Fund (IIDF), a state investment fund.

The Managing Partner Rostislav Shatenok, commenting on the new appointment, said: “Uliana has sufficient experience in providing consulting services during the preparation for the conclusion of concession agreements from the state agencies, preparation of recommendations about improving legal and organizational mechanisms of PPP, and preparation of normative legal acts. We are sure that by expanding our expertise we will be able to be much more helpful to our clients.”

ALTHAUS Group incorporates more than 125 highly qualified specialists, including 12 partners working in financial, tax and legal fields, as well as in the scope of the assessment, engineering, and PPP.