Course Details

Public Structural Investments 1

Academic Year 2023/24

BVA019 course is part of 2 study plans

​ BPC-SI / E Summer Semester 4th year

​ BPC-MI Summer Semester 4th year

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.

Credits

6 credits

Language of instruction

Czech

Semester

summer

Course Guarantor

prof. Ing. Jana Korytárová, Ph.D.

Institute

Institute of Structural Economics and Management

Forms and criteria of assessment

course-unit credit and examination

Entry Knowledge

Knowledge of business plan processing in private sector.

Aims

Goal of this subject is to give enough information for independent work on feasibility study for project financed by public sources.
Knowledge about creation of feasibility study and eCBA public structure project.

Basic Literature

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)
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)
Zákon č. 134/2016 Sb., o zadávání veřejných zakázek v platném znění (cs)

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.

Prerequisites

Knowledge of business plan processing in private sector.

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

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

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/272934

Lecture

13 weeks, 2 hours/week, elective

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

13 weeks, 2 hours/week, compulsory

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.