Completion


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Completion

In the context of project financing, occurs after a Completion Test, when the project's cash flows become the primary method of repayment. Prior to completion, the primary source of repayment is usually from the sponsors or from the turnkey contractor.

Completion

In project finance, the time at which a project has been finished, functions, and is generating enough revenue such that its cash flows become the primary way the project is repaying debt. Completion applies especially to construction and other infrastructure projects. For example, an oil company may build a series of oil pumps and finance the construction though bonds. Completion occurs when the oil pumps are completed and are working, and the cash flows generated by the oil are repaying the bonds. See also: Sales Completion, Physical Completion.
References in periodicals archive ?
Upon closing, the transaction further strengthens Rubicon's robust portfolio of products across the Completions Solutions business segment, enabling the organization to offer differentiated and value-driven frac plug and toe sleeve technology to its customers.
Tabouk Region: - Completion of work on Al Qulaiba -- Abu Ajram Road Hail Region: - Implementation of a double carriageway road linking Al Wadi and Hail -- Madinah Expressway Northern Border Region: - Repair work on Abu Hadriya -- Hafr Al Batin -- Rafha Road - Completion of work on some roads of group-2 - Completion of work on Al Hamad --Al Qurayat Road (part-2) - Completion of work on Turaif
The PCAOB, though, appears to allow deletions between the report completion date and the documentation completion date.
Dependent variables are Course Completion Rate, Scores on "Grade the Instructor" statements, and Scores on "Information about Using WebCT" statements.
For all assessment types, data entry and transmission to the state must be completed within 31 days of the completion date of the MDS.
In constructive completion transactions, the proposed regulations would deem the old taxpayer as completing the contract on the transaction date.
Does satisfaction with two career-counseling programs depend on completion of the program, the number of counseling sessions in the programs, gender, age, or client education level?
Russell Porter, Gastar's President & CEO, stated, "The successful completion of middle Bossier zones in the Williams #1 and the testing of high pre-frac rates on the Wildman Trust #2 are additional confirmation of the presence of middle Bossier sands on a meaningful portion of Gastar's leasehold.
The three ratios used in the analysis are the participation, success, and course completion ratios.
Unless your film is being financed by a single source, you're going to need a completion bond, because the bank will demand it,'' said Gina Resnick, producer of the soon-to-be-released ``Female Perversions.
The information at the top of the form informs the computer operator about the stage of completion of the return, and how to further the computer processing.
2) it permits the contractor to defer income, and thus taxes, until the year of contract completion.