Listas de código

riskAllocation.csv

Puede descargar el archivo riskAllocation.csv en inglés.

Código Title_en Description_en
publicAuthority Public authority

The risk is wholly or mostly retained by the public authority

privateParty Private party

The risk is wholly or mostly retained by the private party

undefined Undefined

The risk is not clearly assigned to a specific party. Further details can be provided in the notes field.

riskCategory.csv

Puede descargar el archivo riskCategory.csv en inglés.

Código Title_en Description_en
development Development Risk

Risks relating to the development phase, which involves the preparation and procurement of the project up to financial close, including invitation to tender and bidding; negotiation of the various project documents; and obtaining debt and equity funding.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
completion Completion Risk

The risk that the project is not completed in accordance with its initial specifications within the agreed timeframe. Completion risk covers: construction, testing and commissioning of the project.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
costIncrease Cost Increase Risk

The risk that the amount forecast for the cost of construction and operation of the project in the financial model will, for some reason, be surpassed. Cost increase risk includes: exchange rate risk, interest rate and refinancing risk, inflation, taxes, input price increase, construction cost increase, operation cost increase, cost of spare and replacement parts, decrease in off-take price, and coverage of cost overrun risk.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
performance Performance Risk

The risk that the project does not perform at the levels specified in the contract. This risk covers design and construction, operation, input supply, and offtake purchaser infrastructure.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
operation Operation Risk

Operation risk includes: the risk of defects in design, equipment or materials beyond the construction contractor’s defects liability period, the availability of labor and materials, changes in operating requirements, the cost of asset replacement and major maintenance, the availability of experienced management, the availability of working capital financing to cover short-term financing needs, the availability of locally sourced/cost-effective supplies and services, the availability of associated infrastructure and services, the program for operation and maintenance, as well as other costs subject to change over the period of the concession.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
market Market Risk

Primary market risks that are likely to be encountered in a PPP project include: offtake (output) price and input cost risk.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
political Political Risk

Political risk, such as events of war, rebellion, default or failure of public sector entities, change in law and delays by authorities.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
environmental Environmental Risk

Risk related to the liabilities and constraints generated by environmental requirements, and the cost of compliance to environmental laws and regulations.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
social Social Risk

Risk related to the project’s impact on the local communities, and the potential resistance from local interest groups that can delay project implementation, increase the cost of implementation and undermine project viability.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
credit Credit Risk

The risk that project participants are not able to assume their project obligations to ensure the financial viability of the project. This risk takes into consideration the financial stability, technical capacity, available resources, longevity, and managerial capacity of each such participant.

Fuente
Private Sector Investment in Infrastructure: Project Finance, PPP Projects and Risk, J. Delmon, 2009
compliance Compliance risks

Risks deriving from the compliance or lack thereof of regulatory obligations related to the development of the project

all All risks

All risks deriving from the project