5.5.1  #State Contribution / #State Contributions [#OPTIONAL.  DELETE IF NOT APPLICABLE TO THE PROJECT]

Guidance note: The payment of a State Contribution(s) to Project Co will be determined on a project-by-project basis in consultation with the Department of Treasury and Finance.  Where a State Contribution(s) is to be paid to Project Co, the key features are to be summarised with reference to quantum and timing of payment and whether provided on a non-recourse and no-responsibility basis and any conditions in respect of the payment of a State Contribution(s).

In order to reduce the total cost of the Project and enhance value for money, the State proposes to make [#a State Contribution / #State Contributions] to Project Co.

The key features of the [#State Contribution / #State Contributions] can be summarised as follows:

•  [insert Project-specific information]

The [#State Contribution / #State Contributions] must only be used to repay debt.

Respondents should note that there are no restrictions on reflecting regearing(s) in the Financial Model, either at the time the [#State Contribution is/ #State Contributions are] provided or at any subsequent date.