Guidance

Large sites infrastructure programme: initial due diligence

Guidance for bidders going through the initial due diligence stage for funding from the large sites infrastructure programme.

From:
Homes and Communities Agency
Published
15 August 2014

This publication was withdrawn on

The guidance and supporting documents for the Large Sites Infrastructure Programme have been archived. To apply for government supported funding, please visit the Home Building Fund page.

Applies to England

Documents

Large sites infrastructure programme: initial due diligence guidance note

PDF, 241 KB, 6 pages

Details

As the programme is oversubscribed, the first stage of the process is to confirm that the shortlisted bid continues to meet the investment parameters of the programme as this is the basis on which it has been shortlisted.

The fund is being administered as a commercial loan fund and will support schemes that are viable and profitable.

The focus of initial due diligence will be on issues arising from the review of the investment proposal document that was submitted as part of the bid documentation:

  • assessment of counterparties and creditworthiness
  • availability of equity and other funding
  • security position
  • repayment arrangements
Published 15 August 2014