Country: Global / Non-Specific
Topics: Financing and Risk Mitigation
Keywords: Legal Framework
57 KB, 220.92 KB
Insurance is an area of project finance that is often left to the end of negotiations, with little attention given to it. Availability of insurance, levels of cover and deductibles will, however, have an impact on the risks being taken by the authority, the operator/ project company and the lenders and so should be central to PPP negotiations.
This document has been prepared for the purposes of the PPP in Legal Resource Center for contracts, laws and regulations (PPPLRC). It is a checklist for general guidance purposes only and should not be used as a substitute for specific legal advice for a project.
Updated: March 8, 2022