Local Implementation Agreement

This could be used in civil or common law law, subject to local legal advice. Prepared as part of sectoral reform as a model of agreement for a Southeast Asian country. The double risk clause (13.6) sets a useful precedent for projects involving more than one agreement. The agreement contains conditions under which the government must grant incentives and support to the future project company that provided the project for the design, construction and operation of the energy facility and the sale of energy to the state-owned distribution company. It also includes the obligations of the project company. Typical implementation agreement between the government and [the project company] Provisions that may not need to be replicated/require further reflection: the compensation clause (11.2 – 11.8) is complete. Circumstances in which this contract may be appropriate: experience gained since its entry into force (including possible changes) / if project if applied: schedule 10 – full list of insurance and guarantees Possible additional provisions to include, if any: part of a series of standard documents, including:.