Plate/GCGC- Weekly News Letter - 8/15/22 - EPC Explained - We can finance a Credit Worthy EPC Contractor in a BOT, etc.
Siva Pillarisetty
Marketing Manager in the USA at Golden Crown USA, Inc. - International Project Funding
Overview according to WIKI:
Under an EPC contract, a contractor is obliged to deliver a complete facility to a developer who needs only "turn a key" to start operating the facility; hence EPC contracts are sometimes called turnkey construction contracts. In addition to delivering a complete facility, the contractor must deliver that facility for a guaranteed price by a fixed date and it must perform to the specified level. Failure to comply with any requirement will usually result in the contractor incurring monetary liabilities. The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work.[citation needed]
EPC functions
EPC contacts cover the following issues
Engineering functions
Basic engineering
Detailed engineering
Planning
Construction engineering
Procurement functions
Logistics and transport
Receiving
Procurement
Invoicing
Purchasing
Construction functions
Electrical installation
Mechanical erection
Civil engineering
Commissioning functions
After-sales-service
Testing and commissioning
Modernization of plants
Public – Private Partnership Types of funding at Plate/GCGC
Yes, EPCF
We can finance a creditworthy EPC contractor in a EPCF or BOT( see full list below) project for an end loan.
BOT – BUILD OPERATE TRANSFER
BOO – BUILD OWN OPERATE
BOOT – BUILD OWN OPERATE TRANSFER
DBF–DESIGN BUILD FINANCE
领英推荐
DBFO – DESIGN BUILD FINANCE OPERATE
DBO – DESIGN BUILD OPERATE
BTO – BUILD TRANSFER OPERATE
DBFOM – Design Build Finance Operate Manage
LROT – Lease Renovate Operate Transfer
DCMF – Design Construct Manage Finance
BOOR – Build Own Operate Remove
OPERATIONS OR MANAGEMENT CONTRACTS
Joint Ventures
Leasing
About Us:
- We have a parent company, and over 40 subsidiary companies.
- Our financial partner is an institution that owns 30 banks that mandated us as their official representative (Underwriter). We handle everything from start to finish for them such as intake, pre underwriting, onsite visit & due diligence, underwriting, closing, funding, loan monitoring, auditing, servicing, etc. The mandate is a contract/license they issued us to do this work for them.
- We are not a broker and are the funding. Capital is in place.
Keys to getting your project funded
1) You have to be fully ready with a highly detailed set of documents. Meaning of fully ready:
- Done with concept, design, feasibility, constructor in place, all construction/project plans, insurance, entitlements, off take agreements, collateral, etc.
2) Types of collateral needed.
- Property, Risk Insurance, Sovereign Guarantees, Bank Guarantees, SBLC, cash or savings accounts, paper investments, natural reserves, blanket liens, PPA's etc. (This matter is fully negotiable)
3) A complete and highly detailed set of documents on the deal that are current. (Prepared by a qualified 3rd party)
Rates: 2-4.5%
Tenure: 1-20 Years.
Grace Period: Up to 60 months
Amounts: 20M - 100B USD (10M USD min on a case-to-case basis)
Type: Simple interest loan, debt finance, equity finance, line of credit, etc.
Area: Worldwide
Success Fee: 1-5.5% (loan amount can be increased to cover this cost)
Costs: Loans are for 100% of the development/transactions, but will not cover predevelopment/transactions costs to get project ready with a highly detailed set of documents, collateral or financial insurance (we can facilitate insurance to cover collateral gap see page 11 of co. profile), our retainers, cost of response preparation, etc. You can see by this, far less is required by the borrower, than other types of loans or financing where you may have to put up 5-35%
If your deal is fully ready & bankable, please get in touch to get funding.
[email protected] US Cell Whats App 1.224.216.0334