5. Why Seel Jackson Consulting
Thinking outside the box
Bernie and Andy can see through the trees.
Creative
Need to look somewhere else, status quo will not work.
Practical Approach
Leave the text book approach home. Keep it simple and do not over think the
problem.
Proven Results
Manufacturing operation in Czech Republic profitable in 12 months.
Experience
Bernie and Andy have a combined 70 years experience.
Non biased
Bernie and Andy have no agenda in mind. Independent advisors!!!
6. Why Seel Jackson Consulting
Problem solving
Turn complex problems into life changing solutions.
Integrity
Bernie and Andy are well respected in the Public and Private Business world.
Confidentiality
We have no vested interest in the business, your employees or competitors.
Innovation/ Boldness
Both Bernie and Andy know you must adapt to change, take bold steps and
change business processes if you want to be successful in the changing business
climate.
Value Creation
Must eliminate all non value costs and expenses if you want to remain in
business and stay competitive. If you go to the bank empty handed, why do you
exist?
7. Seel Jackson Consulting Services
Municipal Advisory Services
Public Private Partnerships (P3's) development and
implementation
State and local highway and transit expertise
Transit financial services
Contract Auditing (consultant and construction)
Indirect cost allocation plans
Strategic planning for governmental entities
8. Seel Jackson Consulting Services
Procurement reviews and implementation planning
Transportation, business understanding and problem
solving
Value creation techniques for your project
Project management
Auditing, public and private
Tax filings for off road use, off road and proportional
use tax refund, returns prepared
Financing expertise, lender relations
Federal and state project audits
Problem solving, management and financial
9. Seel Jackson Consulting Services
Forensic accounting experience
Strategic planning development and execution
Planning and execution
Implementation of financial systems
Cost savings expertise, lean initiatives with results
Financial restructuring
Governmental budget preparation
Governmental annual report preparation
10.
11. Public Private Partnerships
Private Investors money not public funds
Leverage existing infrastructure to fund badly needed
local and state projects
Means of funding new projects now not later
Drives economic development
Creates Jobs
Increases the tax base
12. Use of Public Private Partnerships
Build new highway infrastructure
Build new bridges
Fund transit projects, Rail, Buses etc.
Water treatment plants
Waste Water
Public Buildings
Parking garages
Convention centers
Courthouses
13. Benefits Public Private Partnerships
No public funds or tax increases needed
Accelerates projects that are needed but not funded
Drives economic development and jobs
Project delivery timing cut / efficient due to profit
driven business
Innovation in project implementation
Value creation
14. Public Private Partnership
Advantages
Innovative ideas and/or projects
Private investor’s money
$250 Billion available for projects
Transfer of Risk
Long Term Relationships
Ability to Terminate
Stability in pricing
15. Private Sector Expertise
Innovation
Thinking outside the box
Project Management experience
Experienced at managing risk
Will deliver on time and within budget
Cost effective
Capital Market experience
Access to capital markets
Assistance needed to select the right projects
16. Private Team
Need expert advisors for project success
Leads project under public direction
Financial modeling expertise
Can say “NO” if project does not fit P3 Criteria
Helps achieve a competitive bid
Non bias towards project
Creates transparency and interaction in the process
Need expert with P 3 experience to advise
Has advantage from prior lessons learned
17. Other Funding Sources
States can use a portion of their annual apportionment
of their Federal Highway monies
State funding derived by sale of bonds with a
dedicated revenue source for debt service. These
sources could be a sales tax, fuel tax or vehicle
registration fee
Sale of Garvee Bonds using future Federal Funds to pay
debt service
Federal appropriation earmarks
18. Other Funding Sources
Tolling to pay revenue bonds
Financing through the Transportation Infrastructure
Finance and Innovation Act (TIFIA)
Private Activity Bonds is a low interest bond program
for highway projects that have a stable revenue source
(e.g., tolls)
Surface Transportation Discretionary Grants (TIGER)
may be an option for some of the early funding of the
project
19. Other Funding Sources
State Infrastructure Bank (SIB)
State funding sources outside normal Federal funding
or bond sales, similar to proceeds resulting from the
State of Indiana’s lease of the Toll Road
USDA Rural Development Program
21. Contract Audit Expertise
Assist in selection of Engineering and Construction
Consultants
Negotiate hourly rates for Local Consulting Contracts
Audit Project Consultants to insure compliance with
Federal and State/ Local Regulations
Federal Grant oversight and management
Close out Audits on construction contracts