Local Government Infrastructure Services

Transcription

1 an initiative of Local Government Infrastructure Services WRIQ International Business Symposium Brisbane, 12 June 2013

2 CONTENT LGIS LGIS Waste management services Local Government borrowing through QTC 2

3 WHO ARE WE? LGIS is a joint venture between LGAQ and QTC LGIS is a company built specifically to serve the infrastructure related needs of QLD local governments (Established 2005) We are specialists in: infrastructure options and strategies business case and feasibility studies program and project management procurement advice demand management community engagement asset management associated services

4 OUR KEY OBJECTIVES Help Queensland s local governments achieve their level of service goals effectively Provide expertise in developing and evaluating efficient and effective infrastructure solutions Build our clients capacity Reduce the risk and costs of infrastructure procurement Capture economies of scale and scope in relation to infrastructure Develop innovative procurement solutions

5 OUR CELEBRITIES

6 KEY PROJECT - NDRRA Natural Disaster Relief & Recovery Arrangements (NDRRA) Since January 2011, LGIS has assisted a number of Queensland local governments on around $750 million worth of NDRRA assessment and procurement for road, bridge, park and water infrastructure and provided emergency assistance for waste management. Client Councils : Locker Valley Somerset South Burnett Cassowary Whitsunday Bundaberg Palm Island Woorabinda Cherbourg Balonne Gladstone North Burnett 6

7 WASTE MANAGEMENT ASSISTANCE Carbon Tax 24 Councils received training to calculate liability and cost recovery gate fee Waste Strategy Inventory and specific cost per tonne calculation Collaborative strategy development Estimation of future cost path and implementation road map 7

8 WASTE MANAGEMENT ASSISTANCE Program / Project Management Business case, concept design and DA for a landfill Comparison of advanced waste treatment options Education Presentations to Councillors Study tours and LGIS Waste Forum 8

9 WASTE MANAGEMENT PROCUREMENT ASSISTANCE Consulting and engineering services Waste collection services Waste transport services Landfill gas contracts Waste audits 9

10 FINANCIAL MODELLING Landfill Carbon Tax Transport Model Waste Pricing Models 10

11 WORKING CLOSELY TOGETHER TO COVER THE ENTIRE ASSET LIFECYCLE LGAQ Services Policy Strategy Standards Insurance Education Networking Career LG Tenderbox Localbuy QTC Services Financial Analysis Regulatory, Commercial Pricing Long term Financial Sustainability Credit Reviews/Cost of capital Capital structure reviews Debt and liquidity advice LG borrowings and investment Asset Lifecycle Project Business Cases Project Evaluation Financial Modelling Procurement Advice LGIS Services Program/Project Management Procurement Delivery Asset/Facilities Management Contract Management Demand Management Community Engagement Education Demand Level of Service Preliminary Business Case Assessment of borrowing capacity Due Diligence and Procurement Assistance Asset/facilities management Asset Disposal 11

12 WHAT IS QTC? Queensland s central financing and treasury services provider. ie, the State s bank Key functions: Debt funding Cash management Financial and risk management advice Raises and manages funds for public sector entities, including Local Government 12

13 HOW QTC ASSISTS LOCAL GOVERNMENT Debt funding for capital projects State s AA+ credit rating means lower cost of funds LG debt funding: $6.2 billion (as at 31 December 2012) Investment of surplus cash Capital Guaranteed Cash Fund balance: $1.2 billion (as at 31 December 2012) Advisory and training services Financial sustainability reviews and credit reviews 13

14 QTC PRODUCTS AND SERVICES - DEBT FUNDING Low cost debt funding for Local Government Takes advantage of State s AA+ credit rating DLGCRR publishes financial sustainability guidelines Debt Products tailored to Local Government client s requirements Generic Debt Pools Fixed Rate Loans Working Capital Facilities 14

15 QTC PRODUCTS AND SERVICES - ADVISORY QTC s mix of specialist skills, expertise and experience can add value to Local Governments via: financial modelling credit reviews and financial sustainability reviews capital structure reviews business case assessments project management advice 15

16 QTC PRODUCTS AND SERVICES TRAINING Training courses in corporate finance and risk management Tailored to clients specific needs Designed to build clients in-house financial skills and capability Leverage QTC s unique mix of specialised skills and experience 16

17 CONTACTS John Curran CEO, LGIS Anthony Coates Director, LGIS Operations Umur Natus-Yildiz Senior Advisor