The extension of the cash on top of the DFT was to progress the design for tender documents on to 'ready for construction' and also to provide ECT with a the $350k in rainy day cash.
Basically what ECT have are documents that they can roll on to a site and commence construction with. Their documentation exceeds DFT....the additional cash after DFT to progress the documentations to issue for construction drawings, specs etc.
The cost of the DFT was provided by Arup at $X...the cost of progressing these and the $350k pack was the extension.
IMO what i think ECTS intent in doing this was... to strike ALDP condition of being ready to go by June 2014...."ready for construction documentation' part struck this....albeit funding would have been another critical one no doubt.
ECT seemed to want to strike all the boxes IMO and come in as a ready to go act....ALDP failed....but all the building and polishing the ALDP can now be put to good use in India IMO, they have done much of the hard work...Cash and they should be able to move fairly fast IMO....no waiting around to progress construction drawing etc....They will probably have to do some minor alterations for site reticulation...but thats nothing major, certainly not big cash.
just need to strike the deals
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