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Growing the Margins Post Conference Workshop April 5,2008

Growing the Margins Post Conference Workshop April 5,2008. Digging Into Biogas Details Finance Eric Harrop ,BMO Bank of Montreal. During Construction. Lender Financing Commitment outlines project details Each draw requires a lien search, holdback and cost estimate

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Growing the Margins Post Conference Workshop April 5,2008

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  1. Growing the MarginsPost Conference WorkshopApril 5,2008 Digging Into Biogas Details Finance Eric Harrop ,BMO Bank of Montreal

  2. During Construction • Lender Financing Commitment outlines project details • Each draw requires a lien search, holdback and cost estimate • Cost estimate includes the amount of original contract, changes, work done to date and work to be done, holdback calculation and advance amount • Borrowers funds go in first and if a shortfall develops borrower usually covers the shortfall • Site inspections

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