The identity of the sponsors and their commitment to the project is a vital part of any financier's assessment of a project. As it is the sponsors who will provide the equity or subordinate debt, the financiers will need to assess the levels of capital provided and the ability of the sponsors to access additional capital, if required. Financiers also look for evidence that the sponsors have the resources and skills necessary to deliver a project on time and on budget and have the ability to resolve any problems encountered during the construction phase.