Austral Manual Series

One manual per method. The tool that runs it comes with it.

Twelve methodology manuals for ministries of finance, PPP units and grantors: each one names the international standard it rests on, lays out the method step by step so that it can be applied with any tool, works a full example, and shows how the Austral platform executes it. Public HTML page and downloadable PDF, in English and Spanish.

12
Manuals in the series
12
Published · M1–M12
7
Sections, the same in every manual
EN · ES · PT · FR
HTML and PDF, M1–M5 in all four languages, M6–M12 in English and Spanish, M6 and M7 also in Portuguese
Series index updated 28 September 2026

The manuals the market buys as a consulting deliverable, published as a method.

A methodology manual is normally the last page of a consultancy: the method stays with the consultant, the client keeps a report. The Austral Manual Series inverts that. Each manual is a public page that a ministry can read, cite and apply without asking anyone, and each method has an executable equivalent on the Austral platform that the client keeps, together with the capacity to operate it.

One public page per manual

HTML for reading and search, PDF for the file, both at the same address. English and Spanish from the day of publication, with the same figures in both.

The international methodology, cited

PFRAM 2.0, the IMF Fiscal Risk Toolkit, IPSAS, the IMF Fiscal Transparency Code, the OECD principles, PEFA, the World Bank guides. The methodology is credited, clause by clause, so that the reader can go to the source.

A method that stands on its own

Section 3 of every manual is generic: it can be applied with any tool. If the method could not be followed without the platform, it would not be a manual.

The tool the client keeps

Section 5 shows the implementation on the Austral platform — module, inputs, outputs, screenshots from the guest workspace, direct link. The client keeps the tool and the capacity to operate it.

Seven sections, the same in every manual.

  1. What it is for and when it is used
    The problem of the ministry or the PPP unit, in one page: the question the method answers, where it sits in the project cycle, who uses it and what it delivers.
  2. International methodological basis
    The standard or guide that backs the method, cited with precision — edition, section and the rule it establishes.
  3. The method, step by step
    Generic and complete. Written to be followed with any tool, so that the manual can be cited and applied on its own.
  4. Worked example
    Every figure shown, with generic data from the guest workspace or from the public record of Chilean concessions when the source is public.
  5. Implementation on the Austral platform
    The module that runs the method, its inputs and outputs, screen by screen, with a direct link to the guest workspace. Useful, not promotional.
  6. Why not in Excel, for this method
    Not the generic argument: the concrete failures of this calculation in a spreadsheet — versions, traceability, simulation, portfolio consolidation, audit.
  7. References and further reading
    The sources cited in the manual and the Austral research papers on the same subject.

Manual, methodological basis, and the Austral tool that runs it.

The series is published one title at a time, in three waves: Wave 1, the methods the market already buys; Wave 2, the fiscal-risk methods beyond the PPP contract; Wave 3, with the modules now in development. Each row links to its manual when it goes live.

#ManualMethodological basisAustral tool that runs itStatus
Wave 1The methods the market already buys
M1 Value for Money and the Public Sector Comparator PFRAM 2.0; World Bank PPP Reference Guide; HM Treasury Green Book PPP Value-for-Money Analyzer Published · v1.0
M2 Fiscal Commitments and Contingent Liabilities of PPPs (FCCL) PFRAM 2.0; World Bank, Managing the Fiscal Implications of PPPs (2022) FARO + Guarantees Published · v1.0
M3 Eligibility of Projects for PPP World Bank PPP Reference Guide (screening); OECD Principles for Public Governance of PPPs PPP Eligibility Index Published · v1.0
M4 Payment Mechanisms in PPPs PFRAM 2.0; World Bank guidance on availability payments, minimum revenue guarantees and shadow tolls Payment Mechanisms (Financial Model + FARO) Published · v1.0
M5 Risk Allocation and Risk Analysis in PPPs PFRAM risk matrix; APMG CP3P Risk Assessment & Allocation Matrix Published · v1.0
Wave 2Fiscal risk beyond the PPP contract
M6 Fiscal Risk from State-Owned Enterprises IMF SOE Health Check and Stress Test; GFSM 2014/ESA 2010 market/non-market test SOE Fiscal Risk Published · v1.0
M7 Government Guarantees and Contingent Liabilities from All Sources IMF Fiscal Risk Toolkit (one-off and standardized guarantees); IPSAS 19 Guarantee Valuation Published · v1.0
M8 Accounting for Service Concessions: The Grantor's Side IPSAS 32, IPSAS 19, IPSAS 1; GFSM 2014, ESA 2010 and Eurostat–EPEC reconciliation Austral Ledger — IPSAS Accounting Published · v1.0
M9 The Fiscal Risk Statement IMF Fiscal Transparency Code, Pillar III; IMF Fiscal Risk Toolkit; IPSAS 19 Fiscal Risk Statement Published · v1.0
M10 Subnational Fiscal Risk and Municipal Solvency IMF note on managing fiscal risks from subnational governments; OECD Working Paper No. 46 Subnational Fiscal Risk Published · v1.0
Wave 3With the modules in development
M11 Modifications and Renegotiation of Concession Contracts Guasch (2004); World Bank PPP contract-management guidance; Austral working papers The Renegotiation Triangle and The Intelligent Gate Contract Register — modifications layer Published · v1.0
M12 Institutional Design of Concession Programmes OECD Principles for Public Governance of PPPs (OECD/LEGAL/0392) and Infrastructure Governance (OECD/LEGAL/0460); World Bank Country PPP Readiness Diagnostic; IMF PIMA; PEFA PI-10 Advisory service, supported by the Country PPP Readiness Diagnostic Published · v1.0

Read the method, then run it.

For ministries, PPP units and grantors

Read the manual, follow the method with your own figures, and cite it in the appraisal, the fiscal risk statement or the budget note. Every step names the standard it rests on, so the method can be defended in front of an auditor or a lender.

On the platform

Section 5 of each manual walks the same example through the Austral module that runs it. No registration is needed to try it: a guest workspace is created on entry, and it is kept, with everything loaded into it, if it is later converted into an account.

Each manual is versioned and has a fixed address.

Austral Intelligence (2026). Value for Money and the Public Sector Comparator. Manual M1, Austral Manual Series, version 1.0, September 2026. https://austral-intelligence.com/manuals/value-for-money/
Austral Intelligence (2026). Mecanismos de Pago en APP. Manual M4, Austral Manual Series, version 1.0, September 2026 (Spanish edition). https://austral-intelligence.com/manuals/mecanismos-de-pago/
Austral Intelligence (2026). Risk Allocation and Risk Analysis in PPPs. Manual M5, Austral Manual Series, version 1.0, September 2026. https://austral-intelligence.com/manuals/risk-allocation/
Austral Intelligence (2026). Eligibility of Projects for PPP. Manual M3, Austral Manual Series, version 1.0, September 2026. https://austral-intelligence.com/manuals/eligibility/