Developing Infrastructure Projects

• Principles of Risk Allocation
  

• Key Issues Contract Mechanics
• The Importance of Guarantees
• Preliminary Project Assessment using Financial Model
  

• Overview of Project Finance Phases
• Type of Project Financed Projects 
• Project Finance “Bankability” Fundamentals
  

• Key Issues Contract Mechanics
• The Importance of Guarantees
• Preliminary Project Assessment using Financial Model
  

• Decision Making on Developing the Project: Negotiating and formalizing with the needed key counterparties on proceeding on the project development on an exclusive basis with the Infrastructure Developer
• Introduction to Brickstone Infrastructure Bankability Model
  

Brickstone Infrastructure Bankability Model states that projects must be characterized by a high degree of revenues predictability under a (partial or full) Contracted Revenue Arrangement with a creditworthy counterparty but if no offtake agreement an independent market study must prove a robust revenue upside capable of neutralizing risks such as price, demand, business cycle, inflation, currency parity and other operating risks

• Offtake & Concession Arrangements: Explain structuring options for the using Offtake Agreements Issues
• Key Terms in Offtake Agreements & Forms of Offtake Agreements: Explain structuring options for the using Offtake Agreements Issues
• Application of Financial Models in Negotiations: Discussing DSRC: Explain structuring options for using DSRC
• Case Studies Review: Case Discussion to recap Project Finance concepts learnt so far. 
  

Brickstone Infrastructure Bankability Model states that projects must be delivered under a fixed construction price and schedule with a Building (or EPC) Contractor with appropriate penalties in the form of liquidated damages (LDs) for its failure to perform

• The rationale for Fixed Construction: Explain structuring options for the using Fixed Price Construction approach
• Tendering Process and the need for Cost Precision: Explain why it’s important to have a Tender Process and Cost Precision
• Key Terms in Construction Agreements: Explain the Key Terms in EPC Construction contracts
• Case Studies Review: Case Discussion to recap Project Finance concepts learnt so far
  

Brickstone Infrastructure Bankability Model states that in order for Sustainable Operations & Management projects must (1) provide adequate operations, the project vehicle must enter into Long term Supply Agreement with the key resource supplier(s) who will supply the materials needed to generate the required output. (2) The project must enter into an Operations & Management (O&M) agreement with an Independent Operator for the operation of the project after its completion (3) The project owners ensure best practice on the identification, management and compliance of Environmental , Social and Governance Factors affecting the project throughout its life of operations

• Sustainability in Operating Infrastructure Projects
• Understanding Project Governance governed by the Shareholders Agreement
• Resource Supply Arrangements
• Operations & Management Agreement
• Environment Social Impact Assessments: Understand the ESIA requirements in Large Scale Projects 
• Understanding Environment Social and Governance Factors 
• Case Studies Review: Case Discussion to recap Project Finance concepts learnt so far. 
  

• Conclusion of Project Finance Fundamentals 
• Designing the Project Finance Implementation Roadmap.