Год выпуска: 2010 Автор: Tony Merna Издательство: Страниц: 192 ISBN: 9781444334777
Описание
Project finance in construction procurement has spread worldwide from power stations and waste–disposal plants to telecommunication facilities, bridges, tunnels, railway networks, and now also to the building of hospitals and schools. Despite a financial assessment of PF projects being fundamental to the lender’s decision, there is little understanding of how the use of finance is perceived by individual stakeholders; why and how a financial assessment is performed; who should be involved; where and when it should take place; what data should be used; and how financial assessments should be presented. The steps outlined in this guide provide a basic understanding for all those involved in structuring or assessing project finance. Secondary contracts involving constructors, operators, finance providers, suppliers and offtakers can be developed and assessed to determine their commercial viability over a project’s life cycle. Any uncertainty in financial markets prompts...