20 November
EOI
Project commenced before the establishment of ICRC
Transport
Federal Capital Territory
Implementation
Federal Capital Development Authority
04-04-2018 16:31:23
To provide infrastructure for urban development within the district.
Katampe District Phase II land
Provision of infrastructure. No services.
To utilize private capital for the provision of infrastructure and transfer the asset back to the government.
Consultations were held with landowners and the public.
Information will be published as soon as it is available.
20 November
Project commenced before the establishment of ICRC
27 April
RFP evaluation conducted
9 February
No Objection letter was issued
26 May
26 May
No Objection letter was issued
7 July
19 October
17 January
Drawdown commenced in Jan 2012
17 January
The PPP Contract Duration for the full recovery of the Project Finance is 60 months from the date of Financial Close
16 January
Construction has not been completed due to contractual issues
30 January
January 2017 is the expected date for contract expiration.Contract has not been completed due to contractual issues
REDACTED PPP AGREEMENT
Construction Funding by Developer (first 18months):5% of Project Cost & 47.5% of Project Cost
Not Applicable
Not Applicable
Construction Funding from Development Levies
| Type of risk | Description | Allocation | Mitigation |
|---|---|---|---|
| Quality/Availability risk | Private Sector | ||
| Completion risks | Private Sector | ||
| Cost over run risk | Private Sector | ||
| Design risk | Private Sector | ||
| Environmental risk | Public and Private Sectors | ||
| Exchange rate risk | Private Sector | ||
| Force Majeure risks, Insurance risk, Latent defect risk, Planning risk, Political risk, Regulatory risk, Resource or input risk, Tax rate change risk, Utilities risk, Revenue risk, | Public and Private Sectors | ||
| Inflation risk | Public and Private Sectors | ||
| Insolvency risk, | Private Sector | ||
| Technology risk | Private Sector | ||
| Market, demand or volume risk | Public Sector |
| Guarantees | |
| Grants | |
| Service payments | |
| Land Leases, Asset Transfers | |
| Other support | |
| Revenue share |
| Events of Default | Brief description | Termination Payments | Documents |
|---|---|---|---|
| Event | |||
| Event |
| Events of Default | Brief description of events of default | Termination Payments | Documents |
|---|---|---|---|
| Event | |||
| Event |
| Rationale for variation | ||
| Change in roles and responsibilities of the parties | ||
| Change in original risk allocation | ||
| Change in original fiscal commitments or contingent liabilities of government | ||
| Change in tariffs of service levels | ||
| Date of variation |
Inauguration of Ministerial Committee constituted by the Honorable Minister of the Federal Capital Territory to conduct a contract and financial audit of the project.
