Felipe Montoro Jens is Called Into Action to Assess New PPP Deal in Rio de Janeiro

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Rio de Janeiro is experiencing a baby boom, and as a result the demand for investment in Brazil’s education sector is peaking. Currently there is a plan to create 20,000 new openings in daycare facilities as well as 40,000 new opportunities in existing pre-schools.

The project is meant to achieve its objective by the year 2020 under the management of the Rio mayor, Marcelo Crivella. The mayor laid out a plan to do this by creating a partnership between City Hall and private companies, to meet pedagogical responsibility requirements while also remaining under budget. Mainly, the mayor’s office will ensure buildings are up to code, and that programs meet the needs of students. The work of the private partner, on the other hand, will be to construct and provide adequate administration and maintenance to the new Infant Education Units (EDIs).

For the project to be successful, there is an aim to invoke a Public-Private Partnership (PPP) directly to aid in the main goals of this initiative.  That means costs and responsibility will be shared between the two companies regarding construction, and execution of plans for these new placements. Currently this new PPP is under review by Felipe Montoro Jens, who is a specialist focusing on infrastructure projects.

This new partnership is similar to the one behind the success of the first PPP schools in Belo Horizonte which is the mining capital of the nation. Felipe Montoro Jens states that the implementation of the driving force behind this project falls directly in line with Marcello Crivella’s government initiatives on education.

Financial Advisor
Felipe Montoro Jens

Ensuring that the project runs smoothly, a reliable consultant, the International Finance Corporation(IFC) has been hired. The IFC will have sole guardianship of providing consultancy services for project modeling throughout all its phases, from project initiation, appraisal, implementation, closure as well as the monitoring and evaluation phase after the project objective has been achieved.

Felipe clearly illustrated why the IFC was the perfect selection for the consultancy job. The IFC is the biggest private sector development institution in the developed world. In order to inspire confidence, on its official website, the IFC makes clear that they give their all in terms of financial resources, and expertise as well as their global experience.

Due to its popularity, the IFC has also been given the responsibility of offering consulting services in the feasibility study of the Public Lighting Partnership in Rio de Janeiro.

In most cases in Brazil, the public sector is not self-sufficient. For this reason, they have to engage players of the private sector to aid in filling the scarce resources regarding services to the public. December 30th, 2004, law 11,079 was created to offer a basis for public contracting. This new law outlined the general rules which are relevant and necessary for contracting and bidding of PPPs. This set up a safe and fair playing field for these programs to continue.

According to Felipe Montoro Jens, the contracting model enables the public administration entities and private entities an administrative concession agreement, which is signed by both parties. Then, both are responsible for their respective aspects. Typically, that means actual construction of new institutions is handled by the private sector.  While the government component ensures that they adhere to all requirements for students, as laid out by the law.

The input of Felipe Montoro Jens ensures that the new Infant Education Units project will become another PPP education sector success. Thanks in large part to Felipe’s experience, both in Brazil and around the world abroad.

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