Project that is financed by TACT goes through six phases that are monitored and approved by the Board. The six phases include (i) establishment phase (ii) application phase (iii) review phase (iv) award phase (v) management phase and (vi) close-up phase.
Manage Project Close Out
TACT together with Project Fund Manager and Board manage project close out:-
Evaluate Financial & Business Performance
- PFM Undertakes financial forecast
- PFM Conducts business analysis and sustainability options
Evaluate Asset Management and Fund Recoverability options
- Board Approves asset management structure
- Board Approves fund repayment structure
Fund Disposition
- PFM Pays off Service providers
- PFM Pays off farmers
- PFM Pays off other lenders