Construction Papers

  • Risk Of Private Toll Road Projects

    627 words, 3 pages

    The main risks facing private toll road projects include pre-construction, construction, traffic and revenue, currency, force majeure, tort liability, political, and financial. (Table 7). Pre-construction None (roads already in existence) Construction None (toll roads already in existence) Traffic/Revenue These are defined as risks associated with insufficient traffic levels and toll rates too low to generate expected revenues. Toll road are not exclusive routes. There are mainly used by commercial entities and tourists (sensitive to economic factors) Mitigation: Risk

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    Lean History

    350 words, 2 pages

    There are currently many published problems related to the construction industry mainly due to the uniqueness of its production. Problems such as low productivity, poor safety, lack of quality and inferior working conditions are frequent (Pheng and Fang, 2005). Lean Construction seems to be accepted by the Egan Report (Egan, 1998) as one of the essential components for the future of the construction industry. Problems with the implementation of Lean Construction The transition of lean from manufacturing to construction is not a straight-forward though, as Jorgensen and Emmitt (2008) have

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    Project Finance

    1248 words, 5 pages

    Lomond Power Q1. For this captive mine power plant, what contract structures would you expect to see in the Power Purchases Agreement? (From the perspective of Lomond Power) The Power Purchases Agreement should cover the following items to make the certainty of the contract to mitigate the market risk. Term: the project’s output is only sold to one offtaker, Maud Gold Mine. The strength of offtaker and its technical or strategic are assessed. The term of PPA is based on the life of Maud’s Gold Mine. Hence, the term of the contract is 12 years. The condition and amount about bonuses and pe

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    344 words, 2 pages

    The sphinx The Sphinx of Giza is a symbol that has represented the essence of Egypt for thousands of years. Even with all of the pictures that we see of the Sphinx, nothing can really prepare you for the time that you finally see the Sphinx with your own eyes. Here's a look at the Sphinx that will give you a hint of what you can expect to see if you visit Egypt. Abu Roash Located 5 miles north of Giza, Abu Roash was the site that the first son of Khufu, Djedefre, chose to build his pyramid. Typically, as successor, it was Djedefre's

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