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- ErklärstückIndustrial Policy
What a domestic content rule actually requires
A Buy American clause is an origin test written into a contract, not a ban on foreign goods. By the end you will know how the test is computed, who has to prove it, and what a waiver reveals.
- ErklärstückInfrastructure
What contingency in a capital budget is for
Contingency is neither padding nor a slush fund. By the end you will know what it is sized against, who is allowed to release it, and why a budget with none in it is not a cheaper budget.
- ErklärstückInfrastructure
What a cost overrun is measured against
An overrun is a comparison, and the figure it is compared with usually goes unstated. By the end you will know which baselines are in use, and why the same project can be on budget and over budget at once.
- ErklärstückInfrastructure
What an availability payment is and what it buys
In an availability-payment concession a government pays a private partner a fixed sum for keeping an asset open and working, whether or not anybody uses it. By the end you will know who carries demand risk, what the payment covers in the decades after construction ends, and the one clause that gives the public any leverage.