Saturday, February 29, 2020

Check List for Project Finance Essay Example for Free

Check List for Project Finance Essay 1. Brief description of every project sponsor: company history, establishment date, legal form, ownership, subsidiaries, core activities. Data on sponsor’s experience in the host country and in the project’s industry. Explanation of how the project relates to the sponsor’s strategic direction/goals. 2. Annual reports of the past three years for every project sponsor. Additional requirements in the case of project finance for activities in existing plants: detailed structured data for the past three years and budgets for the next five years on revenues (including a breakdown of export versus domestic foreign currency revenues if any, for countries with non-convertible currency; revenue mix by customer, country, and product) and expenses (in detail; in the case of non-convertible currencies, these need to be grouped separately). 3. Summary of the project concerned, including name, location, purpose, organisational form, ownership, equity, security structure, status of licenses/approvals, local partners, marketing and distribution, financing. 4. Brief characterisation of the role of the host country. For projects with currencies that are not completely freely convertible: description of the measures to avoid convertibility and transfer risk (including escrow accounts). 5. Schematic representation of the contract structure and the significant existing or intended contractual relationships and security. 6.List of references of the general contractor and/or most important suppliers as far as known; list of references of comparable projects to document the proven technological feasibility and the experience in the sector and host country. 7.Information on operator/management company: Company history, ownership, core activities, list of references, documentation of relevant experience in industry and host country. 8.Independent feasibility study reporting on the project’s economic and financial viability and political and environmental acceptability. Information on the level of expertise of the advisers/experts used in terms of subject area and geographic region, as it relates to the project (list of references). 9.The following information, if not already included in the feasibility study: a) Technical description, flow sheet, layout b) Detailed derivation of estimated operating costs (price and quantity details) c)Procurement situation for raw materials and supplies, including corresponding contract documents d) Description of the management, training of staff, staff costs and qualifications e) Environmental aspects, environmental impact assessment report, required environmental approvals and environmental measures, general description of location and emphasis on its specific relevant features, socio-economic and socio-cultural aspects. Also see our detailed requirements for the environmental review. f) Discussion of the amounts and appropriateness of the investment value and the risks regarding time and cost overruns. g) Timetable for construction and commissioning, milestones h) Market information on the project’s products/services, including the price and volume trends for the past 5 to 10 years; competitive situation, current and future supply and demand situation; forecast, identification and geographic location of main customers; marketing and logistics strategy; description of the planned marketing activities and off-take agreements (e.g. take-or-pay agreements) i) Detailed project costs, broken down by main categories of the key construction and commissioning cost items, interest over construction period, financing of working capital j) Projected procurement of funds, including source, amount, currency, time of input k) Cash flow projection over the repayment term of the requested export-credit-insured loan (including sensitivity analysis: a realistic base scenario, an optimistic and a pessimistic scenario), explanation of how any cash deficits will be covered l) Derivation and assumptions of the cash flow projection, including basis for sales quantity and prices, operating and administrative expenses, depreciation, amortization and impairment losses, taxes, inflation, exchange rate movements, export licenses, influence of local government. Check List for Project Finance. (2016, Oct 02).

Thursday, February 13, 2020

Compare and contrast two Jazz Big Bands Research Paper

Compare and contrast two Jazz Big Bands - Research Paper Example With these elements Jazz music introduced a new ‘Swing Style’ which spread across the country making Jazz even more popular and enjoyable. In this research paper I have chosen to discuss two very important Jazz bands – The first one is the ‘Benny Goodman and his Orchestra’ and the second is a modern Jazz band which is the ‘Thad Jones/ Mel Lewis Orchestra. 2 The years of Jazz that followed held great significance as major Jazz figures with their own inimitable style, aesthetic sense and technical skills emerged. Some of these greats on the Jazz scene were – Louis Armstrong (1932), Duke Ellington and others who set the stage for the progress of Jazz music. (Schuller, Gunther, 1989, pg.3) The socio-economic backdrop with the Depression on one hand and the Wall Street Crash on the other provided potent ground for the flourishing of Jazz. (Schuller, Gunther, 1989, pg. 4) The economic conditions were poor and unemployment was rampant and musici ans found it hard to make ends meet. It was during this difficult period that the ‘Swing Era’ emerged when Jazz became synonymous with American Popular Culture. Benjamin David ‘Benny’ Goodman, clarinetist and bandleader of the group, was crowned the ‘King of Swing’ in History during this period. Born in Chicago on May 30th, 1909, Benny went on to lead one of America’s most popular Jazz orchestras. (Benny Goodman- The King of Swing, www.bennygoodman.com/) It was his popularity that epitomized the Swing Era because his music was heard by both the Blacks and Whites equally as he strived hard to quench the thirst for Jazz music for the new mass audience and finally emerged as a ‘symbol of the era’. (Schuller, Gunther, 1989, pg. 6) Benny Goodman’s career began when he joined the Henderson band which was one of the best bands of that time whose form, style and sound was so remarkable and unique. An alliance was formed and t he Benny Goodman band went on to create history by shaping the future of Jazz. 3 Teenagers were swept off their feet as they craved for swing music and very soon they had a good fan following of Jitterbugs who went crazy for his music. (Benny Goodman, www.jazzhotbigstep.com/45801.html) One of his popular numbers that I listened to was ‘Swingtime in the Rockies’. It was an interesting dance number that was so foot tapping that I felt like dancing myself. It was rhythmic from beginning to end filled with staccato snatches from the clarinets and trumpets which were joined in by the trombones. The drums kept a steady rhythm right through the composition which was so energetic as it was fulfilling. (Benny Goodman, www.youtube.com/playlist?list=PL47798F00A3AF3280 The music of Benny Goodman and his Orchestra is unmistakable because most of the compositions are so lively and energetic. One of the other songs I listened to is ‘Sing, Sing, Sing’ which featured in a f ilm titled ‘Hollywood Hotel’. Besides Goodman, the other players were Gene Krupa on the drums and Harry James – Trumpet. The song was fast paced and rhythmic and the orchestra played it flawlessly with the entire group joining in the last piece. (Sing, Sing, Sing’, www.youtube.com/watch?v=3mJ4dpNal_k The Benny Goodman Orchestra was the most popular swing

Saturday, February 1, 2020

Diabetes Research Paper Example | Topics and Well Written Essays - 1500 words - 2

Diabetes - Research Paper Example The research paper shows the prevalence of the disease. It gives information on the age group; race, ethnicity, body size and sex that have high chances of are getting diabetes mellitus. The paper also highlights on some minor causes of diabetes mellitus, and the severe complications resulted from the disease if it is not diagnosed at an early stage. Diabetes mellitus known as diabetes is the number of chronically metabolic diseases that are identified by rise in glucose levels in the blood; scientifically know as hyperglycemia (Chandalia at al., 2012). It may occur due to the pancreas producing inadequate amount of insulin, defect in insulin action, or both. It is considered to be the seventh cause of death in United States. The food we consume is catalyzed to glucose which is utilized by the body to provide energy. Hormone insulin, which is synthesized by the beta cells of the pancreas, regulates sugar levels in the blood. According to LeRoith et al. (2004), this is achieved by assisting the glucose in circulating blood to enter the body cells (p.225). Once the glucose has entered the body cells it is used to synthesize energy that is used in all body functions. Long term hyperglycemia result to ailments of the coronary artery, increases the risk of cardiovascular diseases such as strokes, heart attack, angina and heart failur e and causes diseases associated with peripheral arteries (macro vascular) and also micro vascular complications in patients. In some cases, it also results in lower limb amputation. The data received for statistics of the number of US residents that were diagnosed by diabetes and prediabetes in 2010 was derived by the Center for Disease Control and Prevention (CDC), National Patient Information Reporting System (NPIRS) and the United States renal data system of the national institute of health. The number of residential Americans aged 20 and above was 25.6 million which is