Principles of Project Finance

This chapter summarizes the key provisions usually found in the Project Con-

tracts that may be signed by the Project Company apart from the Project Agree-

ment discussed in the last chapter, namely

• Construction contract (cf. §7.1)

• Operation and maintenance (O & M) contracts (cf. §7.2)

• Fuel or other input supply contract (cf. §7.3)

• Permits — not a contract as such but an important underpinning for all the

Project Contracts (cf. §7.4)

• Government Support Agreement (cf. §7.5)

• Insurance (cf. §7.6)

• Direct Agreements, which link the lenders to the Project Contracts (cf. §7.7)

As already mentioned (cf. §2.4), all of these contractual building blocks ...