International Project Financing
15 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does EPC stand for?

Engineering (design), procurement and construction

What is the difference between EPC and turnkey contracts?

The EPC contract involves engineering, procurement, and construction, while turnkey contract implies that the owner only needs to 'turn the key' to start using the facility.

What is the purpose of an operation and maintenance (O&M) agreement?

To delegate the operation, maintenance, and performance management of the project to an experienced operator.

What is a concession deed in the context of construction projects?

<p>An agreement giving the project company the right to use a government asset for a specified period.</p> Signup and view all the answers

What are some examples of concession agreements in infrastructure projects?

<p>Toll roads, tunnels, or projects where the project company collects tolls or payments based on usage.</p> Signup and view all the answers

Who are the usual parties involved in a project financing?

<p>Sponsor (Equity Investor), Lenders, Off-taker(s), Contractor, Operator, Financial Advisors, Technical Advisors, Legal Advisors, Equity Investors, Regulatory Agencies, Multilateral Agencies, Insurance Providers, Hedge providers</p> Signup and view all the answers

What is the primary basis for long-term funding in project financing?

<p>Projected cash flows of the project</p> Signup and view all the answers

What is the most common type of project finance construction contract?

<p>Engineering, procurement, and construction (EPC) contract</p> Signup and view all the answers

Why is it important in global project management to recognize legal binding contracts and frameworks?

<p>To monitor the implementations of these frameworks</p> Signup and view all the answers

What are some examples of Multilateral Agencies / Export Credit Agencies involved in International Project Financing?

<p>Multilateral Agencies, Export Credit Agencies</p> Signup and view all the answers

What are the basic contents of an EPC contract?

<p>Description of the project, Price, Payment, Completion date, Completion guarantee, Liquidated Damages, Performance guarantee, Operation and maintenance agreement</p> Signup and view all the answers

What is the main difference between an EPC contract and a turnkey contract?

<p>EPC involves engineering, procurement, and construction, whereas turnkey implies that the owner only needs to 'turn the key' for the facility to function as intended.</p> Signup and view all the answers

What is the purpose of an operation and maintenance (O&M) agreement?

<p>To delegate the operation, maintenance, and performance management of the project to a reputable operator with expertise in the industry.</p> Signup and view all the answers

What does a concession deed grant the project company in infrastructure projects?

<p>Use of a government asset for a specified period, such as a plot of land or river crossing.</p> Signup and view all the answers

What is the significance of a performance guarantee in an EPC contract?

<p>It ensures that the EPC contractor will meet the performance standards as specified in the contract.</p> Signup and view all the answers

More Like This

Community Reinvestment Act Inquiry
18 questions
Project Financing and Raw Materials
75 questions
Use Quizgecko on...
Browser
Browser