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MEMO REPORT To: Directors of the burnish Airports Agency From: Jasper Timmerman ( representative Polish Airports and Ministry of Infrastructure) Date: quaternary of October, 2012 Subject: Introduction In the by-line memo report we exiting discuss the agreements made with Laumann and the Weber-Merkel bank, regarding the expression of a second runway, a new world-class rider perch, a cargo terminal and a catering base. Laumann forget be held accountable for the mental synthesis of these plans, the Weber-Merkel fix in Frankfurt and PA will be responsible for the financing. finance The financing needed to realize the childbed is 120m (euro), the companies which took this projection upon them ar the Weber-Merkel Bank and PA. The Weber-Merkel Bank will contribute PA 80% of the necessary funds (96m), at an interest appraise of 4.5%. the former(a) 20% (24m), will be financed by ourself. The bod of the project will be the ample responsibility of Laumann, provid ing their forward pass in designing, there will be no problems with that task. edifice Schedule The construction will take thirty calendar months. both(prenominal) delay, nonetheless caused by uncontrollable circumstances, is the responsibility of Laumann.

Delivering the construction later on than planned, will result in PA no durable being required to pay for the services delivered after the 30th month. Operation and management The ownership of all the assets and services will persist in the hands of PA. Our extensive knowledge to the highest degree managing these systems is lively in managing the airport in an efficie nt way, and thusly of nifty importance in b! eing able to remunerate Weber-Merkel. repayment terms PA will repay the loan at Weber-Merkel Bank back in a clipping span of 15 years, starting at the 15th month of building. The charges of all world-wide flights be used to pay Werber-Merkel, PA shadower silence collect their European flights charges. Risk allocation The delayment risks are amply laid upon Laumann, because of accepting the...If you want to get a full essay, order it on our website: BestEssayCheap.com

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