Social infrastructure

Courts

A dignified, long-life civic building delivered under a PPP / PFI, the justice ministry pays a single, inflation-indexed unitary charge over 25-30 years for keeping the courthouse available. Revenue does not depend on case volumes: it is an availability payment, cut only by deductions for unavailability. A small, simple, low-risk, demand-risk-free PPP. Pick a real example below and follow it through the building, the model and a working returns model.

In focus ·
Example

Drag the sliders to see what earns the money, the number of courtrooms, the unitary charge on each, and how available the building is, not how many cases are heard.

30 rooms
Courtrooms
Availability
Unitary charge
availability payment p.a.
EBITDA p.a.

01

What it is & how it works

02

How it earns

Model A · the availability PPP

A contracted government annuity

A courthouse delivered under a PPP / PFI is the availability payment in its purest civic form. A private SPV designs, builds, finances and maintains a dignified, long-life court building, and the justice ministry pays a single, inflation-indexed unitary charge over a 25-30 year concession for keeping it available and performing. The engine is therefore the courtrooms, the charge on each and the availability, there is no demand risk whatsoever: the payment does not depend on how many cases are heard, only on whether the building is available, with deductions for unavailability. It is a small, simple, low-risk PPP: a large upfront build turned into a long, contracted, indexed, government-backed annuity that trades in the secondary market at thin, stable yields.

03

What it costs, and how it's financed

Revenue → operating costs → EBITDAMargin

The capital, net of contributions
Who funds the buildallocation

    History & framework · key milestones
      04

      Cash flows & returns

      Build & contributions

      m
      m
      %
      %

      Revenue regime & tax

      m
      m
      %
      ×

      Financing & hold

      ×
      %
      %
      y
      Unlevered IRR
      asset / project return
      Levered IRR
      return to equity
      Equity multiple
      MOIC over hold
      Payback
      project, undiscounted
      Cash-flow profile, equity invested   returned
      Show the year-by-year schedule
      05

      What drives the return

        See also the Courts availability simulator, deductions, performance and the unitary charge in motion, and the Cash-flow & DCF model.