Module 9:  Project contractual structure, rights and obligations

Project participants: Funder / guarantor / insurer

These participants provide finance, guarantees or insurance to the project owner or other project participants, in relation to the project.  This could include, for example:

  • the Government providing state funding
  • a bank lending money
  • investors who purchase shares in a project participant
  • providers of insurance against:
    • damage to the works, materials or equipment
    • injury to employees or third parties
    • professional negligence
  • providers of guarantees against financial or construction failure.

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January 2025
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