The requirements for payment of any State Contribution and its components (lump sum after Commercial Acceptance and/or on-going during the Development Phase), are to be included on a project specific basis.
Where the State makes both a lump sum and an on-going contribution to a Project, the lump sum will be defined as the State Capital Contribution and the on-going contribution will be defined as the State Construction Contribution, both of which comprise the State Contribution. It will be necessary to consider all PV Standard Project Deeds references to State Contribution in this context to determine whether amendments are required to the PV Standard Project Deeds standard drafting in relation to the State Contribution.