The document discusses the history and redevelopment plans for L.F. Wade International Airport in Bermuda. It outlines the Progressive Labour Party's vision of creating an Airport Authority to finance upgrades while maintaining public ownership and control. However, the One Bermuda Alliance plans to privatize the airport through a sole-sourced "concessionary agreement" with the Canadian Commercial Corporation, granting it revenues over 30-35 years. The PLP argues this lacks transparency and the UK requires an open tender process to ensure best value for Bermuda.
Solution of Harvard Business case study on Mozal project capital structure. Involvement of International Development Corporation (Govt. Own bank South Africa), International Finance Corporation (IFC) member of world bank group, for Aluminium smelter project in Mozambic.
COVID-19: our chance to reimagine transportMico Do Tanque
A reset button has been hit in the transport sector. And, in the space created by the COVID-19 crisis, leaders now have the opportunity to rethink their organisations, coalesce around a renewed purpose and harness today’s disruption to shape a new and better future for the industry.
Airnetz Infrastructure Investor Presentation - airport development build oper...atulpkhekade
Airnetz has forayed into alternative airport development. Private Jet airport, build operate transfer model of airports, domestic airports, regional airports, airports for general aviation
British Airways case analysis + swot analysis review by Myassignmenthelp.comMyAssignmenthelp.com
Get Assignment writing help on BRITISH AIRWAYS Case Study + SWOT Analysis Review from Myassignmenthelp Com
At Myassignmenthelp.com- Get complete Case Study + SWOT Analysis Review solution on Essay and Assignment tackled on British Airways. A Case study of the Organizational changes at the British airways- See more http://goo.gl/aKCQOM
Solution of Harvard Business case study on Mozal project capital structure. Involvement of International Development Corporation (Govt. Own bank South Africa), International Finance Corporation (IFC) member of world bank group, for Aluminium smelter project in Mozambic.
COVID-19: our chance to reimagine transportMico Do Tanque
A reset button has been hit in the transport sector. And, in the space created by the COVID-19 crisis, leaders now have the opportunity to rethink their organisations, coalesce around a renewed purpose and harness today’s disruption to shape a new and better future for the industry.
Airnetz Infrastructure Investor Presentation - airport development build oper...atulpkhekade
Airnetz has forayed into alternative airport development. Private Jet airport, build operate transfer model of airports, domestic airports, regional airports, airports for general aviation
British Airways case analysis + swot analysis review by Myassignmenthelp.comMyAssignmenthelp.com
Get Assignment writing help on BRITISH AIRWAYS Case Study + SWOT Analysis Review from Myassignmenthelp Com
At Myassignmenthelp.com- Get complete Case Study + SWOT Analysis Review solution on Essay and Assignment tackled on British Airways. A Case study of the Organizational changes at the British airways- See more http://goo.gl/aKCQOM
Florianópolis (FLN) International Airport - Santa Catarina - Brazil - New B...Fernando Uva Rossa
Concession for construction, expansion, maintenance and operation of the new airport complex, including aircraft patio, taxi runway, car parking, drainage system, internal road access and support buildings. Florianópolis (FLN) International Airport - Santa Catarina - Brazil - New Brazilian PPP Program (2015).
Infrastructure Finance – Building for Growth - PORTS Opportunities In The Se...Resurgent India
With rising demand for port infrastructure due to growing imports (crude, coal) and containerization, public ports (major ports) will fall short of meeting demand.
Florianópolis (FLN) International Airport - Santa Catarina - Brazil - New B...Fernando Uva Rossa
Concession for construction, expansion, maintenance and operation of the new airport complex, including aircraft patio, taxi runway, car parking, drainage system, internal road access and support buildings. Florianópolis (FLN) International Airport - Santa Catarina - Brazil - New Brazilian PPP Program (2015).
Infrastructure Finance – Building for Growth - PORTS Opportunities In The Se...Resurgent India
With rising demand for port infrastructure due to growing imports (crude, coal) and containerization, public ports (major ports) will fall short of meeting demand.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
NO1 Uk best vashikaran specialist in delhi vashikaran baba near me online vas...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
NUMERICAL SIMULATIONS OF HEAT AND MASS TRANSFER IN CONDENSING HEAT EXCHANGERS...ssuser7dcef0
Power plants release a large amount of water vapor into the
atmosphere through the stack. The flue gas can be a potential
source for obtaining much needed cooling water for a power
plant. If a power plant could recover and reuse a portion of this
moisture, it could reduce its total cooling water intake
requirement. One of the most practical way to recover water
from flue gas is to use a condensing heat exchanger. The power
plant could also recover latent heat due to condensation as well
as sensible heat due to lowering the flue gas exit temperature.
Additionally, harmful acids released from the stack can be
reduced in a condensing heat exchanger by acid condensation. reduced in a condensing heat exchanger by acid condensation.
Condensation of vapors in flue gas is a complicated
phenomenon since heat and mass transfer of water vapor and
various acids simultaneously occur in the presence of noncondensable
gases such as nitrogen and oxygen. Design of a
condenser depends on the knowledge and understanding of the
heat and mass transfer processes. A computer program for
numerical simulations of water (H2O) and sulfuric acid (H2SO4)
condensation in a flue gas condensing heat exchanger was
developed using MATLAB. Governing equations based on
mass and energy balances for the system were derived to
predict variables such as flue gas exit temperature, cooling
water outlet temperature, mole fraction and condensation rates
of water and sulfuric acid vapors. The equations were solved
using an iterative solution technique with calculations of heat
and mass transfer coefficients and physical properties.
HEAP SORT ILLUSTRATED WITH HEAPIFY, BUILD HEAP FOR DYNAMIC ARRAYS.
Heap sort is a comparison-based sorting technique based on Binary Heap data structure. It is similar to the selection sort where we first find the minimum element and place the minimum element at the beginning. Repeat the same process for the remaining elements.
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
1. L.F. Wade International Airport Redevelopment
David Burt, JP, MP – Shadow Minister of Finance
Lawrence Scott, JP, MP – Shadow Minister of Transport
2. History of the L.F. Wade International Airport
The airfield was built between 1941 and 1943 by levelling Long Bird Island and several smaller islands, and filling in the waterways between them and St. David's Island
The field originally had four runways, but only Runway 12 / 30 the longest is still in use
One of the others, Runway 1 / 19 which is jutting into Castle Harbour, has been blocked by munitions bunkers that were built at the harbour end
The third one Runway 8 / 26 is now a taxi way
3. Kindley Airfield
In 1970, the field was transferred to the United States Navy, which operated it as US Naval Air Station, Bermuda until 1995 when the US Navy terminated its 99-year lease and the field was transferred to the Bermuda Government, which now operates the airport as part of the Ministry of Tourism & Transport
The US Navy was not required to meet international civil air standards, despite the operation of civil airlines to the base
4. L.F. Wade International Airport
The Bermuda Government, however, was required to meet these standards very quickly on assuming control, and at some expense
This involved changes to the airfield lighting, erecting new fences, levelling anything over a certain height and within a certain distance of the runway (including the former base commander's residence, and the hill it stood on), and other changes
5. What is an Airport Authority?
An airport authority is an independent entity charged with the operation and oversight of an airport or group of airports. These authorities are often governed by a group of airport commissioners, who are appointed to lead the authority by a government official.
6. Progressive Labour Party‟s Vision
The Department of Airport Operations (DAO) should be transformed, for the purpose of creating an Airport Authority. This would provide the framework and infrastructure which would result in the removal of the expenditures associated with the above mentioned government department from government‟s financial books, and placed under a Quango called the Bermuda Airport Authority
7. Progressive Labour Party‟s Vision
The PLP vision ensures the current staff remain employed directly by the Airport Authority. The creation of an Aviation Quango provides the ability for the Airport Authority to seek independent financing for a new airport
8. Progressive Labour Party‟s Vision
This new airport would not only bring Bermuda up to the 21st century within the aviation industry, the construction of such would create additional jobs, helping strengthen our economy
The airport would be a major component of an infrastructure strategy, that includes the causeway. The strategy will be aligned with a tourism strategy that seeks to increase airlift from our key markets, and introduce new opportunities in Latin America and the Caribbean
Increased airlift will increase the revenues required to service the project loan, which will reduce the need to increase fees and taxes at the airport
9. International Airport Development Projects
Grand Bahama International Airport, Freeport
Public Private Partnership
Hawksbill Agreement
Sign away their most lucrative asset for 50 years
Scheduled to reclaim operational control in 2015
Predicted to extend the PPP for another 50 years
10. Canadian Commercial Corporation and the Cayman International Airport Development
Owen Robert International Airport, Grand Cayman
CCC submitted proposal
UK Government expressed concern on lack of tendering process
One year later CCC is making same proposal to the Dunkley Administration
If the FCO had concerns with CCC‟s deal in Grand Cayman why would the OBA assume that they would not have an issue with it in Bermuda?
11. Canadian Commercial Corporation and the Quito Airport
Quito Airport, Ecuador
Canadian Commercial Corporation‟s only airport development
Ecuadorian government signed concessionary agreement for 35 years
Airport currently controlled/operated by 100% foreign owned entity
Ecuadorian government has little to no say in regards to airport
12. The OBA Plan Privatisation of L.F. Wade International Airport
The OBA‟s plan will see the privatisation of the LF Wade International Airport
This plan will give operational control of our terminal to a Canadian company
Similar to Quito Ecuador, the OBA will enter into a “Concessionary Agreement” with the company the CCC chooses
We would no longer have Operational Control over this country‟s most lucrative asset for approximately the next 30-35 years
Loss of Operational Control introduces uncertainty for the 43 Persons currently employed by Department of Airport Operations
13. Q: What is a Concessionary Agreement A: Privatisation
The OBA stated that CCC will enter into a “Concessionary agreement with the Bermuda Airport Authority” - this grants CCC access to the revenues from the Airport
The University of Westminster:
Transfer of operations to a private concessionaire is privatisation
Private company/consortium has concession to operate all or some assets for fixed period (usually 20-30 years) - at end of concession, in theory, airport is handed back to government
Library of Economics and Liberty
Another major form of privatisation is the granting of a long-term franchise or concession under which the private sector finances, builds, and operates a major infrastructure project
From Cayman - “The proposal would have involved the Canadian firm financing and building expansions to the airport and runway in exchange for a 30- to 40-year operating concession and the right to collect „aeronautical and non-aeronautical‟ revenues.”
14. How Much Money?
Right now the Airport collects $25.2 million in Revenues
Revenues ($25.2 million)
Airport: $10.7 million
Departure Tax: $14.5 million
Expenses ($20.56 million)
Annual Surplus ($4.67 million)
OBA will need more revenue to give to CCC
Solar Farm at the Finger
Revenue from Airspace Control
Given current revenue, $8 million of additional surplus must be found to finance the $200 million airport project
15. How Much Money? (Continued)
Total amount of Revenue that CCC stands to collect is in excess of $1 billion
Right now the Airport Collects $25.2 million in Revenues
30 Year Lease
30 x $25.2 million= $756 million over 30 Years
If we take into account inflation at 2%
30 x $25.2 million + 2% inflation = $1.022 BILLION
Remember we are looking at more revenue. Lets Assume $6 million extra is needed (extra $2 million in surplus comes from lower maintenance & energy)
$25.2 million + $6 million = $31.2 million
30 Year Lease
30 x $31.2 million = $936 million over 30 Years
If we take into account inflation at 2%
30 x $31.2 million + 2% inflation = $1.265 BILLION
16. Lack of Transparency
With over $1 billion of revenue at stake we must get the best deal
The OBA refuses to adhere to the principles of Good Governance and put the project out to tender
The UK Government, in its letter of entrustment, stated “The project for the redevelopment of the airport must meet value for money tests in accordance with best practice set out in Her Majesty's Treasury's Green Book”
HMT‟s Green Book specifies 4 different procedures to ensure value for money:
Open, restricted, competitive dialogue, or negotiated procedure
The most restricted of these 4 options, the negotiated procedure, requires the OBA to receive proposals from a minimum of three entities
The OBA is now in London fighting the UK Government to get their way
World Bank: “The award of concessions and contracts – and hence the process of privatisation – is a major source of corruption”
Why does the OBA not want the Airport to go out to tender and get the best deal?
17. What the PLP Believes
That we should not privatise the L.F. Wade International Airport
That the profits generated by a new airport should belong to the People of Bermuda and NOT a Canadian company
That we can build a new airport and maintain control of the airport
That we must not forget about the causeway
That a project this size must go out to tender
That we must get the best deal that takes into account the airport and the causeway - if that takes extra time it is better than getting a bad deal for 30 years
We must consider the long term view, and not just short term thinking that can result in long term consequences for our children
18. Different Visions for the Future
OBA Plan
Select Canadian Commercial Corporation through sole sourced, untendered bidding process
Privatises our Airport, one of Bermuda‟s most lucrative assets, for 30 -35 years
Does not allow for the building of a new causeway
Sees over $1 billon of future Government revenue go to a Canadian company without a open and transparent bidding process
PLP‟s Vision
Promotes a competitive, open and transparent bidding process
Provides negotiating power for future causeway construction and or additional air terminal upgrades
Uses the creation of the Airport Authority as a vehicle to allow Bermudians to take advantage of the future projected revenues generated by the airport
Allows for Bermudians to maintain operational and managerial control over our new airport for the foreseeable future
19. Conclusion
The OBA said they would put their privatisation agenda on hold and now are planning to privatise one of Bermuda‟s most valuable assets for at least 30 years
The OBA refuse to examine other options for the financing of our airport and will not have a competitive tender process to ensure Bermuda gets the best deal
The UK Government has told Bermuda that they must follow best practice, but the OBA is fighting Government House as they want to sole source CCC and ignore Good Governance by bypassing the tender process
We cannot allow our airport to be privatised – and we certainly must not allow the OBA to go through with this deal without an open, competitive and transparent tender process