OAC Project Scope and Responsibilities
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EPC project development, the Company will be responsible for carrying out the overall project & finance management to ensure all of the above are executed according to the target schedule.
Releasing of funds during EPC execution shall be as per the progress target schedule with the documentation of the 3rd Party: Cost and Commercial Management.
A Monthly Progress Report shall be produced & Meetings must be carried out to determine the health of the project during EPC stages.
During Plant Operations monthly production/ sales report shall be produced to determine its revenue monthly, and followed by a monthly meeting to discuss, agree on the report to be signed finally by operations, proponent’s project & finance management. Any corrective actions shall be done to ensure meeting target sales.
Thereafter 12 months the closing of the yearly account to ensure ROI for the loan repayment to the Financier. Health of the project during EPC stages.
During Plant Operations monthly production/sales report shall be produced to determine its revenue monthly, and followed by a monthly meeting to discuss, agree with the report to be signed finally by operations, proponent’s, project & finance management. Any corrective actions shall be done to ensure meeting target sales.
Thereafter 12 months, the closing of the yearly account to ensure ROI for the loan repayment to Financier.