0003160 G.F. 316
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Other Finance
14
The Consortium's financial advisers have offered to act as financial advisers to the MTR Corporation, and to assist in arranging bond issues, medium-term bank loans and other market finance, if required or desired by the client.
Construction/Equipment Aspects
15
The Consortium propose to commence construction on 1st April 1974, and have indicated a maximum construction period of five years from the date of commencement.
16
They intend to use the most advanced construction methods available, with a view to minimising labour requirements.
17
They will assist in organising and/or providing training facilities for the MTR Corporation's operations staff. They would also provide for a period of test operations in respect of the rolling stock and E & M equipment supplied.
Additional Work Required of Consulting Engineers
18
Before they could take over the detailed design of the system, the Consortium would require from the Consulting Engineers:
(a) details of soil conditions throughout the network;
(b)
(c)
details of the nature, location and extent of utility services;
details of the nature and type of foundations of buildings fronting or close to the MTR works;
(d) 1/500 topographical maps showing the route alignment;
(e) 1/200 topographical maps in the neighbourhood of stations
giving overall dimensions and details of ventilation shafts and station entrances; and
(f)
performance specifications as regards E & M supplies.
Proposed Sequence of Events
19
The Consortium's proposal to commence construction on 1st
April 1974 is predicated on the assumptions that:
(a) they would receive a Letter of Intent by 1st October 1973 signifying the client's intention to negotiate a contract with them;
(b)
(c)
information on soil conditions would be made available by the Consulting Engineers progressively as it is ready;
other basic data and design parameters for civil works and performance specifications for E & M supplies would also be made available progressively, and would be completed by January 1974; and
(d) negotiations on the contract would be completed before the
end of March 1974.
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