Financing Arrangements
What structure do you intend to utilise for this project? Your response should incorporate comments on:
• The use of a Special Purpose Vehicle (SPV) or other structure and the envisaged share-holdings of consortium members
• The role of each consortium member in aspects of the project
• Direct agreements/warranties from the SPV or other structure to the Local Authority
• Parent company guarantee or similar arrangements
• Likely method and source of funding for the project
• Financiers' interface with the Local Authority.