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Why might a project equity sponsor wish to include Liquidated Damages in the DBJV contract? options a. Defer lifecycle risk exposure b. Incentivize early completion

Why might a project equity sponsor wish to include Liquidated Damages in the DBJV contract?

options

a. Defer lifecycle risk exposure

b. Incentivize early completion and revenue start-up

c. Pay senior lien debt service in the event of project delay

d. Hold DBJV accountable for owner changes leading to contract default

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