PROCEDURE FOR FUNDING
For the installation of the "Jewel of Africa" or other projects
Through RK BOT Program's 100% financing
The following are required to enter into a tentative agreement with CRCI:
- UNDERSTANDING THE RULES OF THE ROAD
- LETTER OF INTENT
- PROFILE OF THE CEO OR EXECUTIVE OFFICER IN CHARGE
- COPY OF BUSINESS REGISTRATION
- COMPANY/BUSINESS OR NATION STATE PROFILE
- ATTACHED APPLICATION TO OBTAIN FUND FROM CRCI PLATFORM
- AFFIDAVIT REQUESTING INFORMATION
- CORPORATE RESOLUTION
- LETTER OF EXCLUSIVITY
- SECOND LETTER OF INTENT
- LETTER OF CEASE & DESIST CONFIRMATION
- SOURCE OF FUNDS AFFIDAVIT
- LETTER OF NON-SOLICITATION & REQUEST
- CLIENT INFORMATION SHEET
- BANK DETAIL INFORMATION
- CURRENT BANK STATEMENT 20% Cash-Backed BG Proof of Funds of the project (when applicable)
- AUTHORIZATION TO VERIFY FUNDS
- LETTER OF CONFIRMATION OF BANK OFFICER
- LETTER OF LIAISON AND COMMUNICATIONS
E-mail, copies or photocopies of documents or agreements pertaining to this subject are declared and regarded as valid and equal to the original, provided they are represented by proper signatories. Originals may be required upon request.
The following conditions must be met:A. Minimum of requested fund should be $5 million USD without Limitation
B. Signing of the Non-Circumvention & Non-Disclosure Agreement (NCNDA) between the Business/Company or State and CRCI
C. Signing CRCI Letter of Engagement AGREEMENT
D. Payment by client of Two Thousand US Dollars ($2,000 USD) per day for Financial Management Meeting
E. Payment of $10,000 USD by all the International Construction Companies for introduction of their companies to government and organizing meeting to your full satisfaction
F. Payment Application of $30,000.00 USD to obtain CRCI Platform Fund; this can be for expansion or new project
G. Signing mandate allowing CRCI to act on behalf of the Country or State or Business/Company with payment of $1 million USD payable in two convenient installments: First tranche of $400,000.00 USD payable upfront during the signature of the Mandate to cover the work of the Expert. The first and the second payment will be deductible at the first disbursement of the fund. Most important the first payment will be refund to the client.
H. Payment by client of Five Thousand US Dollars ($ 5,000 USD) to receive full assistance to fill out the entire paperwork (when applicable).
The approval of the project financing will take no more than 20 business days after receipt of the CRCI Letter of Agreement with the first tranche payment.
NB: There are no additional fees aside from the Financial Management Fee. RK B.O.T. PROGRAM provides for 100% of the project financing, and does not require a sovereign guaranty.
The above list is not all-inclusive. It is possible that during the evaluation of the documents provided, the Financial Partner may require other documents not provided for on the list.