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Thus problems can occur if faulty performance is partly due to conditions arising which are not covered by the promoter’s specification. Where a DBO contract is let on the basis that the contractor also finances the project, associating with a bank for the provision of the necessary funds, the operating period may then be long term, for 15–20 years or more. This is typically a Private Finance Initiative (PFI) project, described in Section 1.7. The risks on the contractor are then increased since they include a substantial dependency on the terms of the income he is to receive. The promoter has the cost of setting up. | Capital Project Management State of Alaska Department of Community and Economic Development April 2001 This handbook is dedicated to the memory of Peter James Apollo 1948-2000 Capital Project Management This Capital Project Management handbook was requested by the Governor s Council on Rural Sanitation in the Rural Sanitation 2005 Action Plan February 1998 as part of the strategy to make safe water and hygienic sewerage service a reality for all Alaskans. Tony Knowles Governor State of Alaska Deborah B. Sedwick Commissioner Department of Community and Economic Development For copies of this publication contact Alaska Department of Community and Economic Development Division of Community and Business Development A copy of this guide can be downloaded from the department s website at http www.dced.state.ak.us mra Mradtrng.htm
