171117_SECAP of Greater Irbid Municipality_SET_rev2

- Energy yield analysis.
o Losses assumed with regard to the energy yield forecast.
- Financial model inputs including:
o Long term O&M costs and contingencies (up to the end of the design life and/or debt term).
o Availability assumptions.
o Degradation of module performance assumptions.
o Spare parts inventory cost.
o Connection cost for electricity and services.
o Cash flow model including maintenance of a specified debt service coverage ratio (DSCR) 5 if applicable, and
contingency reserve to be used for inverter replacement, weather damage, and other unexpected costs associated
with plant operation.
- Copies of all contracts negotiated:
o PPA.
o EPC Contract.
o Equity subscription agreement and incorporation documents for project SPV.
o Copies of applicable insurance and other risk mitigation.
o Other documents, such as currency hedging agreements, etc., as applicable.
- Details of the permitting and planning status.
- Environmental impact, restrictions, and mitigation plans.
2.6.2 CONSTRUCTION AND COMMERCIAL OPERATION
After the contract(s) have been awarded (whether multiple or a single EPC), the role of the developer is to oversee the
implementation of the project. This can be done using the developer’s own staff, if they have the expertise and experience,
or by hiring an Owner’s Engineer. Each contractor designs, procures, and installs the components of the PV plant under the
terms of its contract. If multiple contracts are awarded, coordination of schedule and interfaces is critical.
Critical tasks that need to be carried out independently for each type of contract include:
- Planning and sequencing of tasks.
- Cost management
- Risk management.
- Coordination among all organizations involved in the project
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