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Opscom Concept Review Report

Satisfactory Essays

Concept Review – The EBRD’s Operations Committee (OpsCom) approves the project concept and overall structure, including proposed financing structure and supporting obligations. At this stage, the EBRD and the client sign a mandate letter, which outlines the project plan, development expenses and responsibilities. Final Review – Once the basic business deal (including a signed term sheet) has been negotiated and all investigations have been substantially completed, the project receives a Final Review by OpsCom. Board Board Review – The EBRD President and operations team present the project to the Board of Directors for approval. Signing – The EBRD and the client sign the deal and it becomes legally binding. Disbursements – Once repayment conditions

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