FAR 3.09% 47.0¢ far limited

FYI, page-13

  1. kkw
    7,253 Posts.
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    "Operator" is really another name for "Project Manager" for the JV. You don't have to be owner to be a "Project Manager", although you would have probably a bigger say in day to day technical runnings. Major decisions I would say is still via JV vote.

    The approval has not created any hold ups (even PE is still there) for the project.

    I do wish that FAR would be more open though. Mind you this could also be under the advice of our Houston eagles. To say and do nothing that is. Now I get the feeling
    that the PE could be before the 12 months predicted by FAR. #@$% !

    KKW
 
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