Gsa+tiered+projects -

Optimizing Risk and Collateral Management: Integrating General Security Agreements with Tiered Project Delivery Models

How can a GSA be structured to accommodate tiered project delivery without compromising creditor security? gsa+tiered+projects

Under a conventional GSA, a lender holds a claim on all project assets from day one, even those not yet deployed or associated with lower-risk tiers. This restricts the borrower’s ability to refinance, sell non-core assets, or bring in subordinate lenders for later tiers. sell non-core assets