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Major Projects
Like the Build-Own-Operate-Transfer (BOOT) schemes of the late 1980s and early 1990s, Public Private Partnerships (PPPs) and Private Finance Initiatives (PFIs) allow private enterprise to develop and operate infrastructure assets on behalf of governments for an agreed period until ownership reverts. Governments are constantly seeking new ways to finance and develop the infrastructure needed to support growing populations, and this presents enormous opportunity for the private sector.
Corrs’ Major Projects Group works to maximise opportunity and minimise risk for private sector enterprises working in partnership with governments. Our multi-disciplinary team has extensive local and international experience in negotiating and managing the risks inherent in infrastructure development. We understand the complex challenges associated with major projects and have wide-ranging expertise in dealing with construction, project finance, environmental issues, planning, property and tax.
We provide high quality legal advice to governments, financiers, contractors, developers, investors and advisers. We offer informed advice on:
- appropriate risk allocation, assessment and pricing
- the management of demand risk
- structuring financing to ensure delivery of optimum earnings and tax outcomes
- the identification, assessment and pricing of construction risk
- the delivery of acceptable environmental and community outcomes
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