Operation and Maintenance Contracts: Key Issues for Project Finance Investors, Developers and Lenders


Summary

This practice note describes operations and maintenance contracts (O&M contracts), which are entered into by the project company and the project operator. This contract is typically one of the principal Project Financing Key Documents — Project Documents in any project finance transaction, and will be negotiated between the operator and the project sponsor as well as the subject of due diligence by project financing parties such as lenders and tax equity.