Guidance note: Delete this Proposal Requirement if Section 5.4.7 (Pre-Agreed Modifications (PAMs)) of Volume 1, Part A (General Information and Instructions to Respondents) is not included in the RFP for the Project. |
Respondents must provide an explanation of the proposed approach to financing the Pre-Agreed Modifications, including:
• details of the proposed sources of finance (equity, senior debt, etc.) and the quantum of each source;
• confirmation that the finance will be "committed" (but not drawn down) at Financial Close (i.e. to assure the State that sufficient finance will be made available if and when required);
• details of any commitment fees and an explanation as to how Respondents have sought to minimise these; and
• [details of the committed equity and debt pricing and terms which will apply if the Pre-Agreed Modification(s) are implemented.]