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MEMO REPORT To: Directors of the conclusion Airports Agency From: Jasper Timmerman ( representative Polish Airports and Ministry of Infrastructure) Date: quaternary of October, 2012 Subject: Introduction In the sp ar- quantify activity memo report we volitioning discuss the agreements made with Laumann and the Weber-Merkel bank, regarding the twist of a second runway, a new world-class passenger perch, a cargo terminal and a catering base. Laumann testament 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 working class is 120m (euro), the companies which took this projection upon them argon the Weber-Merkel Bank and PA. The Weber-Merkel Bank will bestow PA 80% of the necessary funds (96m), at an interest appraise of 4.5%. the other(a) 20% (24m), will be financed by ourself. The bod of the project will be the ample r esponsibility of Laumann, providing their forward determine in designing, there will be no problems with that task. make Schedule The construction will take thirty months. twain delay, nonetheless caused by uncontrollable circumstances, is the responsibility of Laumann.

Delivering the construction after than planned, will result in PA no permanent 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 about(predicate) managing these systems is lively in ma naging the airport in an efficient way, and ! thence of nifty importance in being able to deliver Weber-Merkel. repayment terms PA will repay the loan at Weber-Merkel Bank back in a time 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 can buoy 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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