Factor

Risk Allocation

No payment at the end of the contract term on the transfer of the asset back to government.

More likely to be government risk

Payment by government at the end of the contract term.

More likely to be Project Company risk if market based payment

More likely to be government risk if pre-determined payment

Assert reverts to Project Company at the end of the contract term.

More likely to be Project Company risk

Government sets the contractual hand over conditions at the end of the term.

More likely to be government risk