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A new level of executing the integrated projects: implementation of all required functions within a single company under common management, under the sole responsibility. All functions through one company with one responsability.
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The result: |
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- Convenient and transparent for the Client who gets an effective tool for project monitoring |
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- Convenient and transparent for the Contractor who gets an effective tool for organizing the production |
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- Convenient and transparent as a result of undivided responsibility throughout the project |
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- A convenient and effective tool against the increased cost of the project as a result of uncoordinated actions of the project participants (designers, builders, equipment suppliers, etc.) |
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- A convenient and effective tool for uniform enforcement of the guarantee liabilities |
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The principle of an integrated approach in our understanding
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Organisation of financing: export financing |
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- Hungarian National Program on financing of investment projects |
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- Legal basis: Cooperation agreement between Hungary and Russia |
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This type of financing: |
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- Is issued for both private and state projects |
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- Maximum subsidy 85% |
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- Less than 5% interest per annum |
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- Repayment within 5-8 years after handover, usually in equal installments |
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For state (and municipal) contracts: |
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- No additional collateral is required |
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- This kind of funding is not a credit agreement but a general contract with deferred payment |
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In case of the private sector |
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- Russian commercial bank guarantee is required |
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- Company's own resource: at least 15% of the contrat value |
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- General contract |
Designing |
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- Elaboration of full documentation |
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- Obtaining the required special authorities' approvals and expertise |
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- Designer's supervision |
EPC Construction |
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- Turnkey, including commissioning |
Equipping of facilities |
Engineer service
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- Mostly for projects with complex technology |