Often, the project sponsors will establish an independent legal entity to carry out the project, and with which the host Government will conclude a project agreement.

The host Government may have a legitimate interest in ensuring that the original project sponsors maintain their commitment to the project throughout its duration and that they will not be replaced by entities unknown to the host Government.

The issue of the exchange of information on intentions to host or to finance project(s) or a certain type of project(s) was also raised.

So we imagine that we would actually potentially even host a bake sale to start our new project.

Finally, in a typical build operate transfer project, the host Government becomes the ultimate owner of the facility.

If any negative impact is considered significant by the project participants or the host Party, project participants have undertaken a socio economic impact assessment and or an environmental impact assessment in accordance with the procedures required by the host Party.

The business laws of the host country play a very important role in facilitating the implementation of the project.

Other laws, in turn, with a view to encouraging private investment, authorize the host Government to share the project risks by contemplating some form of financial support by the host Government, in the form of guarantees or loans, without which the project might not materialize.

In some cases, in addition to setting a deadline for the review of the construction project by the host Government, the law may expressly limit the grounds on which the host Government may raise objections to the project and establish rules for solving disagreements.

The reasoning for acceptance by host and investor Party are that the AIJ component of the project is an add on to a project which was to be implemented anyhow.

Another type of financial support may be an assurance by the host Government of a minimum revenue to the project company.

The expression project sponsors refers to the group of companies that submit a joint proposal or tender for the development of an infrastructure project and agree to carry it out jointly if awarded the project by the host Government.

Should the host Government find that the construction project deviates from the specifications, the law sometimes expressly provides that the host Government will have the right to request modifications in the project, and clarifies that the host Government will not be liable for delays that result from the need to make such modifications.

Regional Project Managers Coordinators do not report through Resident Representatives in the countries that host their programmes.

Thus, the host Government might prefer to acquire and grant to the project company the necessary easements.

39. National professional project personnel are nationals of the host country, and expatriates who are residents of the host country and who are recruited in that country, performing duties of a professional or support nature.

The host Government has a legitimate interest in ensuring that the project is properly executed and that the construction works meet the specifications.

By giving the project company alternative sources of revenue the host Government could make it possible for the project company to follow a policy of low or controlled prices for the main service.

Whether or not the project company will be entitled to claim compensation from the host Government or whether the host Government will share some of the costs entailed by the suspension of the project are questions to which national laws provide different answers.

Some laws deal with the rights of the project company in the event the execution of the project is prevented by an act of the host Government.

A project company established as an independent legal entity in the host country is for a number of reasons the structure normally used for infrastructure projects.

Often such land is provided by the host Government, but sometimes it is purchased by the project sponsors.

In a typical build operate transfer project, the infrastructure facility is normally transferred to the host Government at the end of the concession period.

Limitations on the extension of the concession period are sometimes provided as a protection for the host Government against demands by the project company.

At the same time, however, the host Government might be interested in reserving the possibility of integrating other projects under a common management, in the event the same project company is awarded a complementary project in a separate selection process.

In cases where the project site is acquired by the host Government or the project company through expropriation, the question of easements might be dealt with in conjunction with the expropriation of the project site.

The project company is normally liable for damages caused to the host Government, the users of the service or third parties which result from the project company s negligence.

Disputes between the project company and foreign contractors, or between the host Government and the project company, are frequently of a commercial nature and it has often been agreed to subject those disputes to arbitration.

As used in the Guide, the words project agreement mean an agreement between the host Government and the private entity or entities selected by the host Government to carry out the project, and which sets forth the terms and conditions for the construction or modernization, operation and maintenance of a public infrastructure facility.

It welcomed the offer of Kyrgyzstan to host the th session of the Project Working Group in March 2005.

The host Government usually requires the project company to assume full responsibility for the timely completion of the construction.

Besides commercial aspects, such as the level of revenue that the project is expected to generate, the legal security afforded to investments in the host country will play an important role in the decisions of prospective project sponsors to invest in a given project.

However, there might be instances where the host Government would wish to retain the possibility of engaging consortia for infrastructure projects, depending on the scale and nature of the project, or with a view to holding all project sponsors jointly liable for the entire project.

The host Government may also wish to require a guarantee for the performance by other companies associated in the execution of the project or sufficient evidence that the project sponsors have raised funds or secured finance sufficient for the carrying out of the project.

In addition to guarantees, in some cases the host Government, directly or through a governmental agency, may itself extend certain loans to the project company for specific purposes, such as to cover possible loss or damage caused by the host Government or due to force majeure events, or to finance modifications of the project agreement.

However, the parties may provide that the private entity will own the facility until it is transferred to the host Government, in which case the project is referred to as a build own operate transfer (BOOT) project.

A project, in cooperation with the National Commission on Human Rights and Freedoms (Cameroon), to host the First Regional Conference of African National Human Rights Institutions.

The law applicable to the contracts entered into by the project company with entities other than the host Government varies.

The law sometimes provides that the host Government may grant the project company the right to use property belonging to the host Government for the purposes of such activities (e.g. land adjacent to a highway for construction of service areas).

In countries where the project is awarded by a formal act of the host Government (such as a decree or notice of award (see chapter IV, Selection of the project sponsors yet to be drafted ), the required minimum capital of the project company could then be indicated in such act.

Prospective project sponsors would not normally be inclined to subject their contracts to a legal system that is unknown to them and might, therefore, be reluctant to participate in a project if the laws of the host country subject all their contracts to its national law, or require the approval of the host Government for the application of foreign law.

The host Government normally identifies the project pursuant to its own policies for infrastructure development, establishes its specifications and conducts the process that leads to the selection of the project sponsors.

In those cases, it might be desirable to provide that the host Government will give written notice to the project company to meet pending conditions, prior to terminating the project agreement.

It is suggested to discuss the expiry, extension and early termination of the project agreement, dealing first with the consequences of the expiry of the term of the project agreement and the transfer of the project to the host Government at the end of the project period.

In some cases, the relevant rules contain a general undertaking by the host Government not to interfere with the execution of the project, except under special circumstances.