Typical financing information to be provided by the owner

The typical information that must be supplied by the owner in the FR docu­ment when the buyer’s credit approach is applied is as follows:

• Name of project

• Country of project

• Buyer and borrower identification

• Guarantor (if any)

• Financing project description

• Scope of financing required. For example, if financing is requested only to cover the foreign contents of the scope of supply:

— Portion of the bid scope and price for which financing is required

— Financing of escalation and interest during construction

— Financing of export credit agency (ECA) insurance premium

— Financing of charges and fees

Portions of the above-indicated items to be financed through a buyer’s credit insurance of the ECA or the exporting country and portions to be financed through a commercial loan

• Currency(ies) of the credit

• Starting date of the credit (typically the day of provisional takeover)

• Repayment terms.