As per the report submitted by the project director on December 26, 2017, physical completion
of phase one is only 30%, while the financial progress stands at 27%.
404billion with the project having achieved 80 per cent physical completion
As per the revised PC-1 2015, the total project cost is estimated at Rs 404 billion with the project having achieved 80% physical completion
around three fourth of the total cost is being funded through debt while the remaining portion will be funded through equity.
Projects using the special dispensation shall have to achieve physical completion
in the next three years.
While the physical completion
of the building was completed at the end of May, Irvine Sellar, the founder and CEO of developer Sellar - Qatar's partner in the project - told Building.
So for the FMC expansion project, when we were still a year away from mechanical completion, we wanted to take advantage of that experience and focus on training of the entire team to ensure that the baton wasn't dropped between the physical completion
of the project and the start up of the manufacturing environment," says Skibo.
Mr Kinsella added: "This wonderful facility has remained empty since physical completion
in March, 2009.
The projects range from consulting to actual physical completion
of projects and to marketing/disposition.
45 billion facility arranged in 2005 to finance physical completion
of the Dolphin gas project.
The contractor plans to finish the physical completion
portion of the cleanup at Rocky Flats in late October 2005.
It is not unusual at physical completion
(2) for people to already be looking for their next assignment and transferring responsibility to others.
Aside from periodic verbal briefings, senior management did not receive regular financial status reports, and there were no formal reports on the physical completion
status of the project.