Thesis focuses on issues of inflation and risks in evaluation of PPP projects. It sets the basic assumptions and standards for risk identification and administration in PPP projects and furthermore discusses their impact on Value for money and Availability payment. The thesis sets the basic rules for incorporating the inflation and risks into the PPP alternative and sets the rules for economic evaluation of PPP against PSC alterantive (Public Sector Comparator). For the illustration a hypothetical project of construction of primary and secondary schools has been worked out. For the evaluation of economic impact and selection of PPP vs. PSC alternative a standard financial model has been prepared. It focuses on analyzing the Value for moeny and seting up the Availability payment.

English The thesis explores the topic of cost planning of Public-Private-Partnership (PPP) projects in the Czech Republic, especially with respect to institutional settings and road infrastructure. First, the PPP concept is introduced from a theoretical perspective and compared to traditional public procurement. Then the financing of PPP projects is discussed in the context of project finance and the European PPP market. The main part of the thesis focuses on public procurement of road infrastructure and the advantages of the PPP organizational structure. Initially, flaws of the procurement institutions are identified and a number of solutions suggested. The solutions cover four main areas: improvement of procurement laws, better qualifications of public officials, strategic planning of needed roads and asset management perspective on the existing infrastructure. The question whether Czech institutions are hindering the potential of PPP projects is answered positively. Follows a thorough empirical analysis of a World Bank PPP model for highways through a Monte Carlo simulation. A particular case of R35 motorway is evaluated as a PPP project and key drivers of public and private NPV are identified and compared across three different scenarios. Heavyweight traffic intensity, its toll revenue and...

The aim of this thesis is to determine the benefits of road infrastructure projects implemented in cooperation between the public and private sectors. The thesis analyses this type of projects that have been realized in Germany. The first chapter briefly characterizes the environment which the projects were implemented in. It also discusses the legislation that governs the issue. On the basis of knowledge obtained from the analysis the projects implemented in cooperation between the public and private sectors are compared with the projects carried out in conventional way. Finally, results are summarized and lead to the conclusion that cooperation between the public and private sector in road infrastructure projects has a future and can be beneficial for other European countries including the Czech Republic.

This dissertation examines the possibility of private sector involvement in financing the Czech prison system. In the Western World, this form of provision has now become common practice. The paper explores the possibilities of both full and partial participation of the private sector in the provision of one of the restrictive services that in the Czech Republic are delivered exclusively by the state. The theoretical section discusses different alternatives regarding the financial provision through public-private partnerships (PPP projects). These are viewed as part of a wider and comprehensive area of public contracting. Due to the absence of this form of provision in the Czech Republic, all information regarding this alternative has been sourced from foreign prison systems where private forms of prison service have a long tradition (e.g. the concept of privatization by Charles Logan). The findings are then applied and compared with the foundations of the Czech prison system (whose primary role is security and specialist provision) with respect to the economic efficiency of the whole system. A case study is presented which outlines different projections regarding operating costs in a sample of three American prisons with the aim to compare the estimated and real costs depending on the form of provision, i.e. by state or through private management. The research section of the dissertation uses data from the Feasibility study of building a private prison in the Czech Republic. Using calculated values, CBA analysis is employed to evaluate three possible alternatives of financing the construction of a private prison. To evaluate the costs, the following methods were used: the Public Sector Comparator, the DBFO model (Design -- Build -- Finance -- Organize) and the BOT model (Build -- Organize -- Transfer) which primarily utilizes the work potential of prisoners in relation to the increase of return on investment in penitentiary provision. The results of the BOT model showed that the mere existence of participation of a private partner in the Czech prison system can be beneficial as it introduces an important element of competition and basic principles of market economy into the system. However, greater efficiency can only be achieved provided that a more efficient system of settlement of outstanding debts of prisoners is employed. This requires a more sophisticated policy for employing prisoners.

The subject of this diploma thesis is PPP projects in healthcare. The thesis is focused on assessment of relevance of PPP projects securing public services in the healthcare sector in the Czech Republic. It is intended to assess whether PPP projects are a suitable instrument for securing public services in the healthcare sector and if so, under what conditions and to what extent. The first part of this thesis inquires into the definition of public private partnership and PPP projects in a strict sense and describes individual types of PPP projects. Second part defines in more detail the legal and institutional framework for implementation of PPP projects and discusses the current status of PPP projects in the Czech Republic. Third part analyses in detail the assessment instruments for PPP and guidelines for such assessment concerning projects in healthcare. Fourth part is focused on analysis of implementation of PPP projects abroad and fifth part evaluates PPP projects in healthcare implemented in the Czech Republic. Sixth part reviews this actual experience and findings concerning PPP projects in healthcare. The conclusion summarises results of the assessment.

Diploma thesis deals with the implementation of the public private partnership concept in Czech Republic. Its primary aim is to highlight risks of the PPP concept. Thesis describes theoretical and practical risks of the concept and concludes that the threat of risks is much more significant when the PPP concept is implemented in insufficiently suitable environment. In the practical part the thesis finds an answer to the question whether the PPP concept is suitable for implementation in the Czech Republic. By analyzing the legal and institutional environment and factors such as public procurement, corruption, transparency and public finances, the thesis demonstrates that under current conditions the implementation of the PPP concept is not suitable in Czech Republic. Conclusions are confirmed by analysis of PPP concept implementation. Finally, the thesis pronounces recommendations about the future application of the PPP concept in Czech Republic.

In thesis the author writes about PPP projects. After theretical introduction about them he describes advantages and disadvantages of PPP projects. Then he continues writing concentrating on his main goal, impacts of PPP projects on public and private sector. He includes the relation between PPP projects and keynes and transactional multiplier, public finance and sovereign rating. In practial part the author decribes impacts of motorway M6 in Hungary and highway D3/R3 in Czech Republic.

In master´s thesis I deal with analysing of decision-making in PPP projects and searching for an optimal solutions. On an example of hypothetical project there is shown a decision making process which consists from three main parts: cost evaluation, revenue evaluation and risk identification. The result of this analyse is based on a public sector comparator where you can demonostrate suitability or unsuitability of particular PPP offers coming from private sphere.

Le management des risques de projet est une préoccupation croissante dans le domaine de la construction. Il ne se limite pas seulement à l’analyse des risques techniques, mais couvre aussi les risques financiers, économiques, organisationnels, réglementaire, contractuel, et d’autres types de risques cruciaux pour des projets de construction complexes et stratégiques. Le management des risques nécessite l’identification, l’analyse, le suivi des risques et des opportunités pendant tout le cycle de vie du projet. Le processus formalisé et systémique de management des risques pour des projets de construction complexes et stratégiques permet d’identifier et d’analyser les risques attachés d’une part à la décomposition chronologique du projet (phases, sous-phases, tâches), à la décomposition organisationnelle du projet (aux acteurs projet), aux ressources, aux contrats, aux facteurs externes et d’autre part aux relations entre ces éléments. Le processus formalisé et systémique s’adapte au caractère dynamique et évolutif du projet, au type de contrat et au type de projet, au niveau de détail souhaité et à la vision de l’acteur qui fait le management des risques. L’ensemble de la démarche est fortement nourri de l’expérience tirée de projets réels au sein de l’entreprise partenaire. Un outil de gestion des risques est mis en place pour mettre en pratique la démarche théorique et pour tester la méthodologie proposée sur plusieurs études de cas des projets Partenariat Public Privé (PPP) et Conception-Construction-Maintenance. / Project risk management is a growing concern in the field of construction. It is not limited to technical risks, but also covers financial risks, economic, organizational or contractual and any type of risks crucial for complex and strategic construction projects. Risk management process involves the identification, analysis, monitoring of risks and opportunities throughout the project life cycle. The formalized and systematic risk management process first identifies and analyzes the risks associated with the chronological decomposition of the project (phases, sub-phases, tasks), with the organizational structure of the project (project actors), with resources, contracts, external factors and material or immaterial flows between these elements. The formalized and systematic approach adapts to the dynamic and evolving nature of the project, to the type of contract and the type of project, to the level of detail and the vision of the stakeholder who manages risks. The whole process is highly fed by real projects study cases. A tool for risk management is developed to put into practice the theoretical approach and to test the process in the case studies of Public Private Partnership (PPP) and Design-Build-Maintenance projects.

The diploma thesis „Comparison of situation in the area of PPP project with foreign countries“ is an analysis of the issues connected with realization of projects. Part of diploma thesis is a brief description of problems themselves, their pluses and minuses for which the PPP projects are not widely used and the characteristic of various institutions involved in public private partnership. Part of the work is also a short quetionnaire.