June 2002
Beginner
344 pages
11h 7m
English
Content preview from Principles of Project Finance
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turnkey contract A contract for de-
sign and construction of a complete
project
U.S. Exim Export–Import Bank of
the United States. See §11.5.1
Unitary Charge A combined Avail-
ability and Variable Charge under a
Concession Agreement. See §6.2.1
untied financing Financing or other
support by ECAs or other public
sector agencies not linked to ex-
ports. See §11.4
unwind cost See breakage cost.
Variable Charge The element of a
Tariff intended to cover a project’s
variable costs (cf. Energy Charge).
See §6.1.5
VAT Value added tax. See §12.7.5
vendor finance Debt provided by a
supplier of equipment or services to
the Project Company. See §3.5
344 Glossary and Abbreviations
warranties Guarantees against fail-
ure of equipment, provided by the
EPC Contractor. See §7.1.10 ...
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