It is likely that the awarding authority in an infrastructure project will be a government authority and as such may benefit from sovereign immunity.  This should be checked with local lawyers.  In some cases when concession legislation is enacted, it specifically waives sovereign immunity for the state in relation to infrastructure projects – this is, however, by no means universal.  A private operator will be anxious to ensure that any sovereign immunity is waived.

Funded products

The government may decide to provide direct support for the project for example through subsidies/grants, equity investment and/or debt. These mechanisms are particularly useful where the project does not in its own merit achieve bankability, financial viability or is otherwise subject to specific risks that the private investors or lenders are not well placed to manage. In developing countries where private finance is most needed, these constraints may necessitate more government support than would be required in more developed countries.