The risk that demand (e.g., number of cars on a highway) falls below projections. Mitigated via Availability Payments (where the government pays for readiness, not usage) or minimum traffic guarantees.
(10–15 academic or industry sources)
Lenders often form a to spread risk and provide the large amounts of capital required for infrastructure.
Explanation: Mitigating construction risks involves a combination of selecting experienced contractors, closely monitoring project progress, and having adequate insurance coverage.
Answer: d) All of the above
The golden rule of infrastructure finance is that .