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MEMO REPORT To: Directors of the bolt down Airports Agency From: Jasper Timmerman ( representative Polish Airports and Ministry of Infrastructure) Date: quaternary of October, 2012 Subject: Introduction In the following(a) memo report we entrusting discuss the agreements made with Laumann and the Weber-Merkel bank, regarding the mental synthesis of a second runway, a new world-class rider perch, a cargo terminal and a catering base. Laumann go out be held accountable for the mental synthesis of these plans, the Weber-Merkel fix in Frankfurt and PA will be responsible for the financing. financing The financing needed to realize the retch 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 opposite 20% (24m), will be financed by ourself. The bod of the project will be the ample responsibility of Laumann, providing their forward meet in designing, there will be no problems with that task. construction Schedule The construction will take thirty months. both(prenominal) delay, nonetheless caused by uncontrollable circumstances, is the responsibility of Laumann.

Delivering the construction afterward than planned, will result in PA no long being required to pay for the services delivered after the thirtieth month. Operation and management The ownership of all the assets and services will persist in the hands of PA. Our extensive knowledge slightly managing these systems is lively in managing the airport in an efficient way, and and so! of nifty importance in being able to pay Weber-Merkel. repayment terms PA will repay the loan at Weber-Merkel Bank back in a metre span of 15 years, starting at the 15th month of building. The charges of all world-wide flights are used to pay Werber-Merkel, PA discount 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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