A final bill of sale is expected to occur within two weeks after an on-site due diligence visit
is conducted by Paul Phillips next month.
When OPIC approved the final $90 million loan in 2011, it did not conduct an on-site environmental and social due diligence visit
for a project in a country haunted by a decade-long civil war and history of abuses against women.
This is followed by management interviews, validation, and assessment during the due diligence visit
. Appraisal documents used to make investment decisions contain the findings/conclusions of the due diligence," said Mr Polizatto.
OPIC approved the final loan under the current agency president, Elizabeth Littlefield, without conducting an on-site environmental and social due diligence visit
to a country devastated by a civil war and longstanding reports of abuses against women.
However, based on the due diligence visit
, further E&S improvements are required to bring the Company into full compliance with the Bank s PRs, especially with respect to integration of social issues into the current management system, supply chain issues and health and safety (particularly traffic and road safety issues associated with suppliers and contractors).
Coordinate conference calls, due diligence visits
, conferences etc
"This involves extensive pre-work but also detailed on-site due diligence visits
, and meetings with mid- and senior-level company management.
As a result, becoming a qualified vendor requires partner due diligence visits
and at times multiple quality system audits to support a single client relationship.
Two Chinese precious metal smelters companies, who are part of the short-listed group, have already undertaken due diligence visits
While Atex notified some customers of the proposed acquisition at about the same time Sysdeco notified the Oslo stock exchange, Anderson said that "a limited number of customers were told a little in advance," owing to Sysdeco's planned due diligence visits
to their sites.