Infrastructure Application Checklist: Contract Finance Checklist

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List Of Information / Documents

Common Checklist

Download Contract Finance Application Checklist here

Application

  • Letter of application from the applicant (to state the loan amount applied and the purpose of financing).

Company And Management Profiles

  • Background of company including the brief history, commencement of business, principal activities, number of employees, business plan etc.
  • Latest shareholding structure.
  • Profile of Shareholders.
  • Profile of Board of Directors
  • Profile of Key Management Personnel.
  • Memorandum & Articles of Association (M&A).
  • Latest Forms 24, 49, 9, 13 and 44 under the Companies Act 1965, latest annual returns and photocopy of NRIC of Directors.
  • Detailed list of completed projects (where applicable).
  • Detailed list of on-going projects (where applicable).

Financial Information

  • Audited Account for the past three (3) years.
  • Draft Audited Account for current year (where applicable).
  • Latest Management Accounts.

Existing Banking Facilities

  • Details of existing bank borrowings, incorporating name of financial institution, facilities, salient term, securities and latest balance outstanding.
  • Copies of Loan Agreements/Letter Offer.
  • Collateral/Security Sharing Agreements.
  • Latest 6 months current account statements for all banks accounts.
  • Latest 6 months statements for all loan/hire purchase/lease accounts.

Other Documents

  • Full valuation report on project land / asset / machinery / equipment / second hand vessel (where applicable).
  • Details and status of the land and copy of land title (where applicable).
  • Declaration form (DFIA 2002, Section 28) to be signed by individual director/individual shareholder/guarantor in the presence of Commissioner of Oath.
  • Personal Networth Statement to be filled in by individual guarantor.
  • Statutory documents and information of corporate guarantors (where applicable)
  • Memorandum & Articles of Association, Latest Forms 24, 49, 9, 13 and 44 under the Companies Act 1965, latest annual returns and photocopy of NRIC of Directors.
  • Company and Management Profile.
  • Financial Information i.e Audited Accounts for the past three years and Latest Management Accounts
  • Existing banking facilities with other Financial Institutions.
  • Any other relevant information related to the proposal (company / securities / guarantor / project etc).

 

Specific Checklist

Contract Financing

  • Copies of Licenses (PKK, CIDB etc)
  • Copies of other approvals/licenses related to the project
  • Copy of Letter of Intent and/or Letter of Award from Government / Awarder
  • Project Description.
  • Detailed Project Monthly Cash Flow (with assumptions)
  • Project Implementation Schedule
  • Breakdown of Itemised Construction Cost/Analysis
  • Summary of Bill of Quantities
  • Project Organization Chart
  • Location Map of Project
  • Photographs of Project Progress (where applicable)
  • Tender Documents and Drawings
  • Design Details and Specifications
  • List and profiles of All Main Consultants
  • List and Profiles of All main/Sub-Contractors
  • Technical Personnel Profile
  • Copy of Contract Document (if executed)
  • Technical Services Agreements (where applicable)
  • Shareholders Agreement (where applicable)
  • Insurance Policies (where applicable)