ATTESTATION OF THE FINANCIAL AND ECONOMIC PLAN (PEF) IN PUBLIC-PRIVATE PARTNERSHIP (PPP) OPERATIONS - Axeverar
The Attestation of the PEF consists of an analysis of the economic and financial sustainability of the project, taking into account the numerous data points and variables contained in the PEF and their consistency with the content in the Draft Agreement.
The mandatory nature of the Attestation is grounded in the need to protect the Public Administration, which would risk losing both the asset and the service in the event of an incorrectly prepared PEF and Draft Agreement.
As the appointed Attestor, Axeverar is required to analyse the economic and financial balance of the project through:
- The correct allocation of risks and, in particular, the transfer of operational risk to the economic operator;
- The verification of the economic operator's capacity to correctly deliver the service throughout the entire duration of the contract, enabling the Granting Administration to evaluate the adequacy of the offer and the actual feasibility of the concession’s subject matter;
- The sustainability of the offer, so that the economic operator may generate sufficient returns to ensure the profitable management of the activity;
We invest on a daily basis in Public-Private Partnership, which serves as a point of reference for both Public Administrations and for businesses. Our Attestation acts as a connecting and synthesising element between, on one hand, the requirements of the Public Administration as expressed in the Draft Agreement, and on the other, the underlying elements of the private operator's proposal.