"Jordan Economic Reform Activity (ERA)
Scope of Work
Senior Public Private Partnerships (PPP) Financial Expert
Project Background:
The Jordan Economic Reform Activity Task Order 1 (ERA TO1) is a 5-year, $54 million program funded by USG, which aims to support the Government of Jordan (GOJ) to prioritize and implement economic reforms. Through coordination with the GOJ, the Jordanian and international private sector, other donors, and Jordanian civil society, ERA TO 1 will (1) advance economic reforms, (2) strengthen the business enabling environment, (3) increase exports and local, regional, and international investments, and (4) respond to emerging priorities.
Public-Private Partnerships (PPPs) are a key mechanism for mobilizing private capital, improving public service delivery, and enabling the development of strategic infrastructure and public assets. As Jordan advances its reform priorities and strengthens private sector participation in public investment, government institutions responsible for PPP oversight continue to play a leading role in screening, structuring, and coordinating PPP opportunities across sectors.
While Jordan has an established legal and institutional framework governing PPPs, continued institutional strengthening is needed to build capacity in screening, structuring, and advancing PPP transactions. Strengthening the ability of government counterparts to assess transaction readiness, review financial documentation, and manage active pipeline projects remains a priority for deepening private sector participation in public investment.
Purpose of the Assignment:
ERA will engage a senior finance advisor to provide transactional advisory review support for PPP pipeline projects. Throughout the assignment, the advisor will deliver structured on-the-job support to government counterparts, integrating capacity building within core work processes.
Responsibilities:
Task 1: Senior Transactional Advisory Review for PPP Pipeline Projects
The Senior PPP Financial Expert will provide targeted transactional advisory review support for PPP projects currently under preparation. This assignment is designed to strengthen transaction readiness while deepening institutional capacity through direct engagement with active transactions.
Task 1a: Senior Financial Advisory Review
The Senior PPP Financial Expert will:
Review the financial structuring of PPP projects, including revenue models, risk allocation frameworks, value-for-money assessments, and government support or guarantee mechanisms;
Assess the transaction readiness of pipeline projects from a financial perspective, identifying gaps in financial documentation, bankability considerations, or investor readiness;
Provide written financial review notes or assessment memoranda for each project reviewed, with specific, actionable recommendations;
Advise on financial terms and conditions in draft PPP contracts, concession agreements, or related transaction documents, with reference to international good practice;
Conduct targeted working sessions with government counterparts on financial review findings, providing explanations of financial analysis methodology and recommendations to support staff learning;
Contribute to a consolidated advisory review summary report covering all pipeline projects reviewed during this assignment.
Task 2: Structured On-the-Job Support
The expert will deliver structured on-the-job support to government counterparts, parallel to the transactional advisory review work. The support is designed to build capacity to independently assess, manage, and advance PPP transactions over time, using live pipeline projects as the learning vehicle.
Task 2a: Financial On-the-Job Support Component
The Senior PPP Financial Expert will:
Briefing & Debrief Sessions: Conduct structured briefings and debriefs with government counterparts following each financial review, explaining the methodology, findings, and recommendations in accessible, practical terms.
Financial Review Frameworks: Guide government counterparts through core financial assessment frameworks, including revenue model evaluation, bankability analysis, risk allocation principles, and value-for-money techniques.
Hands-On Coaching: Coach staff in identifying financial red flags and key risks in PPP transaction documentation, progressively building independent review capability over the course of the assignment.
Annotated Templates & Reference Guides: Prepare and share practical financial review templates and reference guides that government counterparts can apply independently to future transactions.
OJT Summary Note: Contribute to a joint Summary Note documenting learning objectives, support delivered, key outcomes by domain, and recommended next steps for continued staff development.
Illustrative work products for the advisory services may include the following types of tasks/deliverables:
Task
Description
Senior Financial Advisory Review Notes / Assessment Memoranda
Written financial review notes and advisory memoranda for PPP pipeline projects, covering financial structuring, bankability, risk allocation, and transaction readiness. Includes working sessions with government counterpart staff and contribution to consolidated advisory summary.
On-the-Job Summary Note
Structured on-the-job support delivered to government counterparts using live pipeline projects as the learning vehicle. Includes domain-specific briefing and debrief sessions, annotated review templates, and a joint Summary Note documenting learning outcomes and recommended next steps for continued capacity development.
Transactional Advisory Review Summary Report
A consolidated summary report of financial advisory review findings across all pipeline projects reviewed, with integrated recommendations for government counterparts.
Skills and Qualifications:
Advanced degree (Master’s or higher) in finance, economics, financial engineering, public policy, business administration, or a closely related discipline.
Minimum 10 years of relevant professional experience, of which at least 5 years must be in senior-level PPP financial advisory, infrastructure finance, or transaction structuring roles.
Demonstrated track record as lead financial advisor on PPP or major infrastructure transactions, with responsibility for financial structuring, risk allocation, and investor-ready documentation.
Experience advising governments or PPP units on pipeline development, feasibility assessment, and transaction readiness.
Expertise in PPP financial modelling, bankability assessment, government support mechanisms, and PPP fiscal risk management.
Fluency in English; proficiency in Arabic is an asset.
Reporting:
The senior advisory team will report directly to ERA’s Senior Investment Advisor and will work in close coordination with government counterparts throughout the assignment.
Location of Assignment:
This assignment is to be conducted in Amman from the consultant’s home of record.
Note: CVs will be screened on a rolling basis.
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