On a Force Majeure Termination, any compensation will again need to reflect that there is no senior debt. This can be done by calculating capital and operating expenditure up to the termination date (as shown in the Original Base Case), subtracting payments up to that date, and adding third party costs. As in any type of financing, the Contracting Authority will want to ensure that termination fees under subcontracts are proportionate to avoid disproportionate compensation of intra-group companies acting as subcontractors.