Project Finance

A discussion of the Equator Principles (EP), including their purpose and application to project finance transactions and other non-project related transactions. This Note also discusses the results of the EP Association's strategic review of the EPs and the proposed draft EP3 that incorporates some of the recommendations of the strategic review. 

A timeline showing the stages of a typical bond issue and the timetable for listing the bonds with the United Kingdom Listing Authority (UKLA) and admitting the bonds to trading at the London Stock Exchange.

The case of Commission v Netherlands (Case C-368/10) deals with an action before the Court of Justice of the European Union by the European Commission against the Netherlands for breach of obligations under Directive 2004/18 on the co-ordination of procedures for the award of public works contracts, public supply contracts and public service contracts (Consolidated Public Sector Directive). The case is of interest as it clarifies (further) in what way and to what extent it is possible to use environmental and fair trade considerations, including labels, which denote compliance with certain minimum standards in this regard, in the award of regulated contracts. More generally, the case confirms that compliance with the principles of equality of treatment, non-discrimination and transparency involves an obligation for clarity and precision. This article is part of the PLC Public Procurement multi-jurisdictional guide. For a full list of jurisdictional Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in Brazil. The country-specific Q&A gives a high level overview of applicable legislation, scope of rules, procurement procedures and enforcement, recent trends and proposals for reform. In particular, it examines entities and contracts covered, concessions, privatisations and PPPs, contract award criteria, alternative bids, and changes to an existing contract. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in the China. The country-specific Q&A gives a high level overview of applicable legislation, scope of rules, procurement procedures and enforcement, recent trends and proposals for reform. In particular, it examines entities and contracts covered, concessions, privatisations and PPPs, contract award criteria, alternative bids, and changes to an existing contract. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in France. The country-specific Q&A gives a high level overview of applicable legislation, recent trends, use of the four EU procurement procedures, review procedures, remedies, transparency, contracts outside the scope of the Consolidated Public Service Directive and proposals for reform. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in Italy. The country-specific Q&A gives a high level overview of applicable legislation, recent trends, use of the four EU procurement procedures, review procedures, remedies, transparency, contracts outside the scope of the Consolidated Public Service Directive and proposals for reform. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in Switzerland. The country-specific Q&A gives a high level overview of applicable legislation, scope of rules, procurement procedures and enforcement, recent trends and proposals for reform. In particular, it examines entities and contracts covered, concessions, privatisations and PPPs, contract award criteria, alternative bids, and changes to an existing contract. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in UK (England and Wales). The country-specific Q&A gives a high level overview of applicable legislation, recent trends, use of the four EU procurement procedures, review procedures, remedies, transparency, contracts outside the scope of Consolidated Public Service Directive and proposals for reform. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in the United States. The country-specific Q&A gives a high level overview of applicable legislation, scope of rules, procurement procedures and enforcement, recent trends and proposals for reform. In particular, it examines entities and contracts covered, concessions, privatisations and PPPs, contract award criteria, alternative bids, and changes to an existing contract. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

A Q&A guide to public procurement law in Poland. The country-specific Q&A gives a high level overview of applicable legislation, recent trends, use of the four EU procurement procedures, review procedures, remedies, transparency, contracts outside the scope of Consolidated Public Service Directive and proposals for reform. To compare answers across multiple jurisdictions visit the Public Procurement Country Q&A tool and EU Public Procurement Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to public procurement. For a full list of jurisdictional Public Procurement Q&As visit www.practicallaw.com/publicprocurement-mjg.

This tool enables subscribers to search the Country Q&A in the PLC Public Procurement multi-jurisdictional guide by question and jurisdiction. Simply select the questions and the jurisdictions that you are interested in and click the "submit" button. Please note that the law stated dates for each jurisdiction covered may not be the same. To check the law stated dates for each jurisdiction, please visit the individual article. To compare answers across EU jurisdictions visit the EU Public Procurement Country Q&A tool.

This Article discusses the current state of public private partnerships (PPPs) in the US, including trends and developments from the second quarter of 2012 and through the first half of August. This Article also provides information on new PPP projects announced during this period and updates on pending PPP projects.

An article explaining the features of Islamic project finance and highlighting the parallels to, and principal differences with, conventional project financing. 

This table sets out a summary of the key information concerning the withholding tax requirement on interest on corporate debt and the key exemptions for each of the nine jurisdictions covered in the Country Q&A section of the Tax on corporate lending and bond issues section. This table is part of the PLC multi-jurisdictional guide to tax. For a full list of jurisdictional Q&As visit www.practicallaw.com/taxontransactions-mjg. Please note that the law stated dates for each jurisdiction covered may not be the same as this project is currently being updated. To check the law stated dates for each jurisdiction, please visit the individual article.

The third version of the Equator Principles (EP III) were released by the Equator Principles Association in May 2013.

The Equator Principles Association announced a new timetable for the launch of version 3 of the Equator Principles (EP), on 20 June 2012.

The Equator Principles Association announced, on 10 January 2012, that it is now aiming to finalise and launch the third version of the Equator Principles (EP III) between May and July 2012 (delayed from March 2012).

The Equator Principles Association announced the timetable for publication of an updated version of the Equator Principles (EP) on 18 July 2011.

An update on the publication of a model subcontract for turnkey construction projects by the International Chamber of Commerce (ICC).

The G20 has endorsed Basel III and the European Commission has stated that it intends to publish draft implementing legislation in March 2011.