Course detail

Public Structural Investments 1

FAST-BVA019Acad. year: 2022/2023

Evaluation of the economic efficiency of public construction projects. Methodological design of a feasibility study and cost-benefit analysis of a public construction project. Issues of national and international financial resources (especially EU funds). Public contracts, award procedures and selection of the most advantageous tender. Public-Private Partnerships.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge about creation of feasibility study and eCBA public structure project.

Prerequisites

Knowledge of business plan processing in private sector.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

1. Public and private sector (Pareto’s optimum, efficiency).
2. Pricing of public and private goods, externalities.
3. Cost output methods for evaluation of economic efficiency public projects.
4. Regional policy, principles and instruments.
5. Financial resources for the public investment (national, international).
6. Feasibility Study of public structural projects.
7. Cost Benefit Analysis of public structural projects.
8. Calculation of economic efficiency ratios (NPV, IRR, FRR, ERR, B/C).
9. Public contracts (terms, award procedures) – Act No 134/2016 Coll., on Public Procurement.
10. Evaluation of public tender (the economic advantage of a tender).
11. Public Private Partnership.

Work placements

Not applicable.

Aims

Goal of this subject is to give enough information for independent work on feasibility study for project financed by public sources.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Rezortní metodika pro hodnocení ekonomické efektivnosti projektů dopravních staveb, Ministrestvo dopravy, Státní fond dopravní infrastruktury, 2017 + Aktualizace Resortní metodiky pro hodnocení ekonomické efektivnosti. 2022. (Resortní metodika - doplnění, Aktualizace CBA tabulek). (CS)
KORYTÁROVÁ, Jana a Vít Hromádka. Veřejné stavební investice (el. stud. opora FAST VUT), 2022 (CS)
DUFEK, Zdeněk, KORYTÁROVÁ, Jana, APELTAUER, Tomáš, HROMÁDKA, Vít, FIALA, Petr, DROCHYTKA, Rostislav, BYDŽOVSKÝ, Jiří, VANĚREK, Jan, AIGEL, Petr, VÝSKALA, Miloslav a Martin NOVÝ. Veřejné stavební investice. Praha: Leges, 2018. ISBN: 978-80-7502-322-3. (CS)
SARTORI, David. Guide to Cost-benefit Analysis of Investment Projects, Economic appraisal tool for Cohesion Policy 2014-2020.” European Commission, Directorate-General for Regional and Urban policy. 2014. ISBN 978-92-79-34796-2. (EN)
Zákon č. 134/2016 Sb., o zadávání veřejných zakázek v platném znění (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme BPC-SI Bachelor's

    specialization E , 4 year of study, summer semester, compulsory

  • Programme BPC-MI Bachelor's 4 year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Syllabus

1. Public and private sector (Pareto’s optimum, efficiency).

2. Pricing of public and private goods, externalities.

3. Cost output methods for evaluation of economic efficiency public projects.

4. Regional policy, principles and instruments.

5. Financial resources for the public investment (national, international).

6. Feasibility Study of public structural projects.

7. Cost Benefit Analysis of public structural projects.

8. Calculation of economic efficiency ratios (NPV, IRR, FRR, ERR, B/C).

9. Public contracts (terms, award procedures) – Act No 134/2016 Coll., on Public Procurement.

10. Evaluation of public tender (the economic advantage of a tender).

11. Public Private Partnership.

Exercise

26 hod., compulsory

Teacher / Lecturer

Syllabus

1. Assessment of the cost-effectiveness of projects.

2. SWOT analysis – Case Study.

3. Logical Framework – Case study. Determination of connection hypotheses. Entering the project.

4. Individual project work – Logical Framework.

5. Presentation of results.

6. Cost methods of project evaluation – Case Study.

7. CBA analysis. Cost-effectiveness of the project. Individual work.

8. CBA analysis. The economic efficiency of the project. Individual work.

9. CBA analysis. The sensitivity analysis. Individual work.

10. Presentation of results.

11. Credit.