IPFA Americas Events: Vancouver

IPFA Americas: Vancouver

Owner Due Diligence and Recourse Rights - P3 Procurements

Wednesday 17 October, 4.30pm


Offices of Borden Ladner Gervais LLP
Waterfront Centre 
200 Burrard Street #1200


Register Now

When public-private-partnerships emerged in Canada in the early 2000s, many would say that the Owners/Authorities saw this new delivery model as a “one-stop shop” for infrastructure procurement – a complete risk transfer for project delivery from Owner to private sector, where governments could adopt a “hands-off” approach. Over the last 15 to 20 years, however, this view seems to have evolved, as more and more projects are now in operations and lessons are being learned. 

 Join us for a discussion about what Owners should care about most with respect to projects that are procured through the P3 model.  We will explore:

- how far Owners should go in conducting due diligence on respondents and proponents during the RFQ, RFP and Financial Closing stages;

- when and on what matters Owners should get involved during the Construction and Operations terms;

- the appropriate level of interaction/intervention by Owners over the life of a project;

- the appropriate level of intervention by the Owners when things go south (i.e. insolvency events, defaults, other adverse developments);

- how Owners should protect their investment and the communities in which the project is located (i.e. health and safety matters, design integration, political risk);

- the appropriate communication channels between parties during construction and operations;

- how carefully Owners should scrutinize the rights and remedies of lenders providing long term project financing.

Now that the Canadian P3 model is in its teenage years, we are able to reflect on recent events and discuss what may be in store in the future with respect to Owner involvement and oversight in P3 projects.  Is it sufficient for Owners to review material project and lending documents to confirm substantial consistency with the project agreement and financial proposal, or should there be more? 

The full agenda will be announced shortly.

This briefing is kindly being hosted by:

This event is free of charge for IPFA members and the public sector. If you have any queries regarding IPFA membership, please email

Upcoming IPFA Operations



Oct 23 New York: US Airport P3s - Ready for Take-Off? 
Hosted by Nixon Peabody

Oct 25 Los Angeles: Autonomous and Connected Vehicles: What Are the Impacts and Implications?
Hosted by Nixon Peabody

See global list of IPFA events at


Oct 16 Webinar: Case Study – Long Beach Courthouse 
Hosted by Meridiam 

Oct 30 Bankability - The Technical Perspective
Hosted by Turner & Townsend

Nov 15 Bankability - The Financial Perspective 
Hosted by Aviva Investors

If you are interested in hosting an IPFA briefing or FLN event, please contact

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