In this part of the P3 business case, the project sponsor should:
• Outline how each of the sources of funds listed above is used (see Figure 14 below), including a description of the timelines over which these funds are utilized. The funding should be provided in nominal terms.
• Demonstrate that the uses of these funds do not violate any terms associated with their provision, particularly funding requested from PPP Canada Inc.;
• Describe how the timing of the uses of funds impacts the Value for Money generated by the project, including O&M over the concession period and lifecycle costs; and
• State where in the financial model these funding sources/commitments appear.
Figure 14: Sample sources and uses of funds table
| Sources of funds at substantial completion and through operations ($ m - nominal ) | ||
| Sources |
|
|
| City, Province, etc: | xx | xx% |
| PPP Canada | xx | xx% |
| Private Sector Financing | xx | xx% |
| Fundraising | xx | xx% |
| User Fees | xx | xx% |
| Total sources | xx | 100% |
Uses of funds at substantial completion and through operations ($ m - Nominal )
| Uses |
|
|
| Total capital costs (broken down according to soft costs and construction costs) | xx | xx% |
| Interest During Construction | xx | xx% |
| Debt Service Reserve Account pre-fund | xx | xx% |
| Transaction costs and fees | xx | xx% |
| xx | xx% | |
| Total uses | xx | 100% |