{"id":1538,"date":"2019-03-06T14:46:14","date_gmt":"2019-03-06T22:46:14","guid":{"rendered":"https:\/\/savi.iisd.org\/?post_type=savi-faq&p=1538"},"modified":"2022-10-20T07:15:33","modified_gmt":"2022-10-20T14:15:33","slug":"how-can-policy-makers-use-savi","status":"publish","type":"savi-faq","link":"https:\/\/www.iisd.org\/savi\/faq\/how-can-policy-makers-use-savi\/","title":{"rendered":"How can policymakers use SAVi?"},"content":{"rendered":"\n

SAVi<\/a> can be used across the infrastructure cycle to value the costs of risks and externalities.<\/p>\n\n\n

<\/span>1<\/span><\/span>

Determine infrastructure needs.<\/p>\n

Develop infrastructure policies.<\/p>\n<\/div><\/div><\/div>

Use SAVi to prioritize infrastructure projects based on their contributions to national development strategies and the UN’s Sustainable Development Goals.<\/p>\n<\/div><\/div><\/div><\/div>

<\/span>2<\/span><\/span>

Conduct a pre-feasibility study.<\/p>\n

Undertake preliminary market sounding.<\/p>\n<\/div><\/div><\/div>

Use SAVi to plan infrastructure projects and pipelines in a “systemic” manner. SAVi can assess how environmental, social and economic gains in one project can cause unacceptable losses for other sectors and projects.<\/p>\n<\/div><\/div><\/div><\/div>

<\/span>3<\/span><\/span>

Position in project pipelines and master plans.\u00a0<\/p>\n<\/div><\/div><\/div><\/div>

<\/span>4<\/span><\/span>

Undertake preparation of project:<\/p>\n

    \n
  • Technical feasibility study<\/li>\n
  • Demand forecast<\/li>\n
  • Revenue forecast<\/li>\n
  • Cost\u2013benefit analyses<\/li>\n
  • Environment and social impact assessment<\/li>\n
  • Phase 1 of financial structuring<\/li>\n
  • Preliminary risk allocation<\/li>\n
  • Launch design competitions<\/li>\n<\/ul>\n<\/div><\/div><\/div>

    Use SAVi to identify and value material risks. These include environmental, social and economic risks, legal risks, revenue and demand risks, and financing risks.<\/p>\n

    Use SAVi to identify and value externalities.<\/p>\n

    Use SAVi to understand how externalities can become direct project risks in the future.<\/p>\n

    Use SAVi to add value to traditional cost\u2013benefit analyses.<\/p>\n<\/div><\/div><\/div><\/div>

    <\/span>5<\/span><\/span>

    Screen for delivery as a public\u2013private partnership (PPP) or publicly funded project:<\/p>\n

      \n
    • Public Sector Comparator<\/li>\n
    • Determine value for money (VfM)<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div>
      <\/span>6a<\/span><\/span>

      If better value for money (VfM) can be realized through PPP:<\/p>\n

        \n
      • Advance financial structuring<\/li>\n
      • Determine payment mechanisms<\/li>\n
      • Develop scenarios on optimal risk allocation<\/li>\n<\/ul>\n<\/div><\/div>
        <\/span>6b<\/span><\/span>

        If better VfM can be obtained as a publicly funded project \u2026<\/p>\n<\/div><\/div><\/div>

        Use SAVi to add value to Public Sector Comparators.<\/p>\n<\/div><\/div><\/div><\/div>

        <\/span>7<\/span><\/span>

        Complete project preparation.<\/p>\n

        Complete financial structuring.<\/p>\n<\/div><\/div><\/div><\/div>

        <\/span>8<\/span><\/span>

        Embark on procurement phase:<\/p>\n

          \n
        • Market consultation<\/li>\n
        • Develop request for proposals. Determine technical specifications and award criteria<\/li>\n
        • Launch tender<\/li>\n
        • Evaluate bids and shortlist suppliers<\/li>\n
        • Competitive dialogue (in cases of complex projects)<\/li>\n
        • Award tender<\/li>\n
        • Financial closure<\/li>\n<\/ul>\n<\/div><\/div><\/div>

          Use SAVi to help draft technical specifications and award criteria.<\/p>\n<\/div><\/div><\/div><\/div>

          <\/span>9<\/span><\/span>

          Undertake contracting.<\/p>\n

          Obtain permits and clearances.<\/p>\n<\/div><\/div><\/div>

          Use SAVi to draft and manage contracts that optimize the sharing of risks and bring VfM for all stakeholders.<\/p>\n<\/div><\/div><\/div><\/div>

          <\/span>10<\/span><\/span>

          Manage contracts during construction and operation.<\/p>\n<\/div><\/div><\/div><\/div>

          <\/span>11<\/span><\/span>

          Refinance after the construction phase.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

          SAVi can be used across the infrastructure cycle to value the costs of risks and externalities.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"faq_cat":[34],"class_list":["post-1538","savi-faq","type-savi-faq","status-publish","hentry","faq_cat-faq-usingsavi"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-faq\/1538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-faq"}],"about":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/types\/savi-faq"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/comments?post=1538"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-faq\/1538\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/media?parent=1538"}],"wp:term":[{"taxonomy":"faq_cat","embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/faq_cat?post=1538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}