# **Table of Contents**

|Exe|cutive S|ummary ...................................................................................... 5|
|---|---|---|
|1.|Introdu|ction .......................................................................................... 8|
||1.1|Constraints of current models ......................................................... 11<br>|
||1.2|Purpose of the classification model ................................................ 15|
||1.3|Nature of classification model ........................................................ 16|
||1.4|Using the classification model ........................................................ 19|
||1.5|Issues excluded from the model ...................................................... 20|
|2.|Busine|ss ..............................................................................................23|
||2.1|New .................................................................................................. 24|
||2.2|Existing ............................................................................................ 25|
|3.|Constr|uction obligation .......................................................................28|
||3.1|Construction risk ............................................................................. 29|
||3.2|Build ................................................................................................ 31|
||3.3|Refurbish ......................................................................................... 32|
|4.|Private|funding ....................................................................................33|
||4.1|Sources of Financing ....................................................................... 34|
||4.2|Lending ............................................................................................ 36|
||4.3|Equity Investors ............................................................................... 38|
|5.|Servic|e delivery ...................................................................................39|
||5.1|Bulk .................................................................................................. 40|
||5.2|User .................................................................................................. 42|
|6.|Source|of revenue ................................................................................44|
||6.1|Fee .................................................................................................... 45|
||6.2|Tariff ................................................................................................ 46|
|7.|Applic|ation of the Model to the Case Studies .....................................49|
||7.1|Dhabol Power Corporation, India ................................................... 51|
||7.2|East Manila Water Concession, Philippines ................................... 52|
||7.3|Thames Water, UK .......................................................................... 54|
||7.4|Santiago - Valparaíso – Viña del Mar Toll Road (Rutas del|
|||<br>Pacifico), Chile ................................................................................ 55|
||7.5|The Pulkovo Airport Expansion Project, Russia ............................ 57|
||7.6|Athens International Airport, Greece .............................................. 58|
||7.7|The Royal Victoria Infirmary and Freeman Hospital, UK ............. 60|
||7.8|TANESCO- NETGroup Solutions .................................................. 61|
||7.9|Aguas de Cartagena Public -Private Partnership, Colombia .......... 62|
||7.10|The Southern Africa Regional Gas Project ..................................... 64|

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