Requirements of Third-Party Financing Sources

The presence of third-party lenders and investors adds additional perspectives and interests that need to be addressed in the project structure. This often requires very specific terms and conditions in contract documents and introduces additional project oversight. For example, lenders monitor project performance closely, ensuring that, among other things, construction is proceeding on time and within budget specifications. This presence of third-party financing sources imposes added structure into the project's planning, construction, and operation.