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Principles of Project Finance, 2nd Edition by E. R. Yescombe

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Chapter 7

Common Aspects of Project Agreements

Chapter 6 having dealt with the particular features of an Offtake Contract, Availability-based Contract and Concession Agreement, this chapter covers issues which are common to any of these types of Project Agreement, namely: contract term (§7.2); Payment Mechanism (§7.3); contract monitoring by the Offtaker/Contracting Authority (§7.4); performance bonding and other guarantees (§7.5); Compensation Events (§7.6); Excusing Causes (§7.7); Relief Events (§7.8); Step-In by the Offtaker/Contracting Authority (§7.9); termination of the Project Agreement (and related compensation) (§7.10); change of ownership (§7.11); dispute resolution (§7.12).

Keywords

Project Agreement; PPP Contract; Offtake Contract; ...

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