1. Contract Overview:
a. List of contacts and parties and/or a diagram illustrating the relationship
b. 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:
a. Environmental and planning approvals, native title, heritage, site and site access
b. Design, construction and commissioning
c. Asset ownership and residual value risk
d. Operational risks
e. Finance and market risks, including price, volumes, inflation, exchange rate and refinancing
f. Insurance risk
g. Liabilities and indemnity provisions
h. Change in Law.
3. General obligations of the Project Company in delivery and operation phases (in non-technical language), including reporting obligations and any benchmarking processes.
4. Government contributions and 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.