1. Contract Overview:
■ List of contacts and parties and/or a diagram illustrating the relationship
■ Term (construction/delivery phase(s), operational commissioning and operating phase) and any option to extend the term
2. Risk Allocation table of major risks including:
■ Planning Approval, environmental, native title, heritage, site and site access;
■ Design, construction and commissioning
■ Asset ownership and residual value risk
■ Market risks - price, volumes, inflation, exchange rate
■ Operational risks
■ Finance and market, including price, volumes, inflation, exchange rate and refinancing
■ Insurance risk
■ Change in Law
3. General obligations of PPP Project Company in delivery and operation phases (in non-technical language), including reporting obligations and any benchmarking processes
4. Government contributions/obligations and any CDPD obligations
5. User fees (if applicable), including escalation
6. Payment mechanism, performance standards, key performance indicators and measurement
7. Change and project modification procedures
8. Any unique compensation or material adverse effect arrangements
9. Default and termination arrangements, including step-in arrangements (State and financiers)
10. Change of control and assignment provisions
11. Handover obligations
12. Guarantees and security arrangements
13. Any other key or unique elements of the contractual arrangements if they have not been covered above.