• Body of Knowledge:
    Structuring and Drafting the Tender and Contract
    4.8 Financial Structuring Matters in User-Pays Projects
    As introduced in chapter 4, when the private partner’s revenue is based on user-payments, there are a number of structuring parameters that should be carefully considered and outlined during appraisal. These should then be refined (and in exceptional cases reconsidered) in the Structuring Phase....