Gib contract1 Mar 2019 10:16
How does this sort of contract work?
The Gib govt want a treatment plant and want to pay MWG £25m to build it.
So who pays the Engineers, Contractors, Legal teams etc, and who pays for the materials...concrete-steel-pipework etc going forward?
Do MWG get an upfront stage payment to start the project, then progressive stage payments as the build continues?
But mostly relevant to shareholders....will MWG announce how much they are getting, and when?
Does anybody know how these things are normally done?