id	sid	tid	token	lemma	pos
ap-308	1	1	ap2002_01.vp	ap2002_01.vp	DET
ap-308	1	2	1	1	NUM
ap-308	1	3	introduction	introduction	NOUN
ap-308	1	4	risk	risk	NOUN
ap-308	1	5	allocation	allocation	NOUN
ap-308	1	6	is	be	AUX
ap-308	1	7	a	a	DET
ap-308	1	8	complex	complex	ADJ
ap-308	1	9	and	and	CCONJ
ap-308	1	10	difficult	difficult	ADJ
ap-308	1	11	process	process	NOUN
ap-308	1	12	,	,	PUNCT
ap-308	1	13	and	and	CCONJ
ap-308	1	14	for	for	ADP
ap-308	1	15	all	all	DET
ap-308	1	16	practical	practical	ADJ
ap-308	1	17	purposes	purpose	NOUN
ap-308	1	18	,	,	PUNCT
ap-308	1	19	it	it	PRON
ap-308	1	20	is	be	AUX
ap-308	1	21	a	a	DET
ap-308	1	22	negotiated	negotiate	VERB
ap-308	1	23	process	process	NOUN
ap-308	1	24	.	.	PUNCT
ap-308	2	1	the	the	DET
ap-308	2	2	study	study	NOUN
ap-308	2	3	of	of	ADP
ap-308	2	4	risks	risk	NOUN
ap-308	2	5	should	should	AUX
ap-308	2	6	consist	consist	VERB
ap-308	2	7	of	of	ADP
ap-308	2	8	two	two	NUM
ap-308	2	9	stages	stage	NOUN
ap-308	2	10	:	:	PUNCT
ap-308	2	11	�	�	NOUN
ap-308	2	12	identification	identification	NOUN
ap-308	2	13	of	of	ADP
ap-308	2	14	the	the	DET
ap-308	2	15	sources	source	NOUN
ap-308	2	16	of	of	ADP
ap-308	2	17	risks	risk	NOUN
ap-308	2	18	.	.	PUNCT
ap-308	3	1	�	�	PROPN
ap-308	3	2	detection	detection	NOUN
ap-308	3	3	of	of	ADP
ap-308	3	4	the	the	DET
ap-308	3	5	financial	financial	ADJ
ap-308	3	6	consequences	consequence	NOUN
ap-308	3	7	of	of	ADP
ap-308	3	8	these	these	DET
ap-308	3	9	risks	risk	NOUN
ap-308	3	10	for	for	ADP
ap-308	3	11	the	the	DET
ap-308	3	12	stakeholders	stakeholder	NOUN
ap-308	3	13	and	and	CCONJ
ap-308	3	14	investors	investor	NOUN
ap-308	3	15	.	.	PUNCT
ap-308	4	1	2	2	NUM
ap-308	4	2	identification	identification	NOUN
ap-308	4	3	of	of	ADP
ap-308	4	4	risks	risk	NOUN
ap-308	4	5	a	a	DET
ap-308	4	6	variety	variety	NOUN
ap-308	4	7	of	of	ADP
ap-308	4	8	risks	risk	NOUN
ap-308	4	9	can	can	AUX
ap-308	4	10	occur	occur	VERB
ap-308	4	11	during	during	ADP
ap-308	4	12	the	the	DET
ap-308	4	13	construction	construction	NOUN
ap-308	4	14	phase	phase	NOUN
ap-308	4	15	and	and	CCONJ
ap-308	4	16	operation	operation	NOUN
ap-308	4	17	phase	phase	NOUN
ap-308	4	18	of	of	ADP
ap-308	4	19	a	a	DET
ap-308	4	20	project	project	NOUN
ap-308	4	21	.	.	PUNCT
ap-308	5	1	the	the	DET
ap-308	5	2	risks	risk	NOUN
ap-308	5	3	that	that	PRON
ap-308	5	4	can	can	AUX
ap-308	5	5	have	have	VERB
ap-308	5	6	a	a	DET
ap-308	5	7	direct	direct	ADJ
ap-308	5	8	impact	impact	NOUN
ap-308	5	9	on	on	ADP
ap-308	5	10	the	the	DET
ap-308	5	11	profitability	profitability	NOUN
ap-308	5	12	and	and	CCONJ
ap-308	5	13	credibility	credibility	NOUN
ap-308	5	14	of	of	ADP
ap-308	5	15	the	the	DET
ap-308	5	16	project	project	NOUN
ap-308	5	17	should	should	AUX
ap-308	5	18	be	be	AUX
ap-308	5	19	identified	identify	VERB
ap-308	5	20	.	.	PUNCT
ap-308	6	1	identification	identification	NOUN
ap-308	6	2	of	of	ADP
ap-308	6	3	risks	risk	NOUN
ap-308	6	4	and	and	CCONJ
ap-308	6	5	risk	risk	NOUN
ap-308	6	6	management	management	NOUN
ap-308	6	7	is	be	AUX
ap-308	6	8	a	a	DET
ap-308	6	9	crucial	crucial	ADJ
ap-308	6	10	part	part	NOUN
ap-308	6	11	of	of	ADP
ap-308	6	12	project	project	NOUN
ap-308	6	13	financing	financing	NOUN
ap-308	6	14	.	.	PUNCT
ap-308	7	1	different	different	ADJ
ap-308	7	2	risks	risk	NOUN
ap-308	7	3	can	can	AUX
ap-308	7	4	occur	occur	VERB
ap-308	7	5	during	during	ADP
ap-308	7	6	different	different	ADJ
ap-308	7	7	projects	project	NOUN
ap-308	7	8	.	.	PUNCT
ap-308	8	1	therefore	therefore	ADV
ap-308	8	2	the	the	DET
ap-308	8	3	risks	risk	NOUN
ap-308	8	4	must	must	AUX
ap-308	8	5	be	be	AUX
ap-308	8	6	identified	identify	VERB
ap-308	8	7	and	and	CCONJ
ap-308	8	8	allocated	allocate	VERB
ap-308	8	9	among	among	ADP
ap-308	8	10	the	the	DET
ap-308	8	11	stakeholders	stakeholder	NOUN
ap-308	8	12	of	of	ADP
ap-308	8	13	the	the	DET
ap-308	8	14	project	project	NOUN
ap-308	8	15	.	.	PUNCT
ap-308	9	1	the	the	DET
ap-308	9	2	golden	golden	ADJ
ap-308	9	3	rule	rule	NOUN
ap-308	9	4	is	be	AUX
ap-308	9	5	that	that	SCONJ
ap-308	9	6	the	the	DET
ap-308	9	7	actor	actor	NOUN
ap-308	9	8	who	who	PRON
ap-308	9	9	is	be	AUX
ap-308	9	10	best	well	ADV
ap-308	9	11	able	able	ADJ
ap-308	9	12	to	to	PART
ap-308	9	13	control	control	VERB
ap-308	9	14	,	,	PUNCT
ap-308	9	15	influence	influence	NOUN
ap-308	9	16	and	and	CCONJ
ap-308	9	17	manage	manage	VERB
ap-308	9	18	the	the	DET
ap-308	9	19	risk	risk	NOUN
ap-308	9	20	should	should	AUX
ap-308	9	21	bear	bear	VERB
ap-308	9	22	the	the	DET
ap-308	9	23	risk	risk	NOUN
ap-308	9	24	.	.	PUNCT
ap-308	10	1	this	this	PRON
ap-308	10	2	is	be	AUX
ap-308	10	3	often	often	ADV
ap-308	10	4	not	not	PART
ap-308	10	5	the	the	DET
ap-308	10	6	case	case	NOUN
ap-308	10	7	in	in	ADP
ap-308	10	8	reality	reality	NOUN
ap-308	10	9	.	.	PUNCT
ap-308	11	1	risk	risk	NOUN
ap-308	11	2	allocation	allocation	NOUN
ap-308	11	3	is	be	AUX
ap-308	11	4	a	a	DET
ap-308	11	5	comprehensive	comprehensive	ADJ
ap-308	11	6	and	and	CCONJ
ap-308	11	7	a	a	DET
ap-308	11	8	complicated	complicated	ADJ
ap-308	11	9	process	process	NOUN
ap-308	11	10	.	.	PUNCT
ap-308	12	1	the	the	DET
ap-308	12	2	problem	problem	NOUN
ap-308	12	3	can	can	AUX
ap-308	12	4	be	be	AUX
ap-308	12	5	illustrated	illustrate	VERB
ap-308	12	6	by	by	ADP
ap-308	12	7	legal	legal	ADJ
ap-308	12	8	risks	risk	NOUN
ap-308	12	9	,	,	PUNCT
ap-308	12	10	which	which	PRON
ap-308	12	11	are	be	AUX
ap-308	12	12	often	often	ADV
ap-308	12	13	borne	bear	VERB
ap-308	12	14	by	by	ADP
ap-308	12	15	the	the	DET
ap-308	12	16	private	private	ADJ
ap-308	12	17	sector	sector	NOUN
ap-308	12	18	,	,	PUNCT
ap-308	12	19	albeit	albeit	SCONJ
ap-308	12	20	only	only	ADV
ap-308	12	21	the	the	DET
ap-308	12	22	public	public	ADJ
ap-308	12	23	sector	sector	NOUN
ap-308	12	24	controls	control	VERB
ap-308	12	25	them	they	PRON
ap-308	12	26	.	.	PUNCT
ap-308	13	1	we	we	PRON
ap-308	13	2	can	can	AUX
ap-308	13	3	also	also	ADV
ap-308	13	4	mention	mention	VERB
ap-308	13	5	inflation	inflation	NOUN
ap-308	13	6	and	and	CCONJ
ap-308	13	7	interest	interest	NOUN
ap-308	13	8	rates	rate	NOUN
ap-308	13	9	,	,	PUNCT
ap-308	13	10	which	which	PRON
ap-308	13	11	the	the	DET
ap-308	13	12	national	national	PROPN
ap-308	13	13	bank	bank	PROPN
ap-308	13	14	oversees	oversee	NOUN
ap-308	13	15	for	for	ADP
ap-308	13	16	.	.	PUNCT
ap-308	14	1	the	the	DET
ap-308	14	2	risks	risk	NOUN
ap-308	14	3	of	of	ADP
ap-308	14	4	changes	change	NOUN
ap-308	14	5	in	in	ADP
ap-308	14	6	them	they	PRON
ap-308	14	7	are	be	AUX
ap-308	14	8	often	often	ADV
ap-308	14	9	borne	bear	VERB
ap-308	14	10	by	by	ADP
ap-308	14	11	the	the	DET
ap-308	14	12	creditors	creditor	NOUN
ap-308	14	13	,	,	PUNCT
ap-308	14	14	investors	investor	NOUN
ap-308	14	15	and	and	CCONJ
ap-308	14	16	shareholders	shareholder	NOUN
ap-308	14	17	.	.	PUNCT
ap-308	15	1	there	there	PRON
ap-308	15	2	are	be	VERB
ap-308	15	3	many	many	ADJ
ap-308	15	4	other	other	ADJ
ap-308	15	5	risks	risk	NOUN
ap-308	15	6	that	that	PRON
ap-308	15	7	are	be	AUX
ap-308	15	8	not	not	PART
ap-308	15	9	borne	bear	VERB
ap-308	15	10	by	by	ADP
ap-308	15	11	subjects	subject	NOUN
ap-308	15	12	who	who	PRON
ap-308	15	13	are	be	AUX
ap-308	15	14	in	in	ADP
ap-308	15	15	a	a	DET
ap-308	15	16	position	position	NOUN
ap-308	15	17	to	to	PART
ap-308	15	18	manage	manage	VERB
ap-308	15	19	them	they	PRON
ap-308	15	20	appropriately	appropriately	ADV
ap-308	15	21	.	.	PUNCT
ap-308	16	1	the	the	DET
ap-308	16	2	extent	extent	NOUN
ap-308	16	3	of	of	ADP
ap-308	16	4	an	an	DET
ap-308	16	5	individual	individual	ADJ
ap-308	16	6	risk	risk	NOUN
ap-308	16	7	can	can	AUX
ap-308	16	8	change	change	VERB
ap-308	16	9	over	over	ADP
ap-308	16	10	time	time	NOUN
ap-308	16	11	.	.	PUNCT
ap-308	17	1	a	a	DET
ap-308	17	2	feature	feature	NOUN
ap-308	17	3	of	of	ADP
ap-308	17	4	successful	successful	ADJ
ap-308	17	5	projects	project	NOUN
ap-308	17	6	is	be	AUX
ap-308	17	7	that	that	SCONJ
ap-308	17	8	the	the	DET
ap-308	17	9	risks	risk	NOUN
ap-308	17	10	are	be	AUX
ap-308	17	11	widely	widely	ADV
ap-308	17	12	shared	share	VERB
ap-308	17	13	by	by	ADP
ap-308	17	14	the	the	DET
ap-308	17	15	public	public	ADJ
ap-308	17	16	and	and	CCONJ
ap-308	17	17	private	private	ADJ
ap-308	17	18	sector	sector	NOUN
ap-308	17	19	.	.	PUNCT
ap-308	18	1	generally	generally	ADV
ap-308	18	2	it	it	PRON
ap-308	18	3	can	can	AUX
ap-308	18	4	be	be	AUX
ap-308	18	5	said	say	VERB
ap-308	18	6	that	that	SCONJ
ap-308	18	7	the	the	DET
ap-308	18	8	private	private	ADJ
ap-308	18	9	sector	sector	NOUN
ap-308	18	10	is	be	AUX
ap-308	18	11	better	well	ADJ
ap-308	18	12	able	able	ADJ
ap-308	18	13	to	to	PART
ap-308	18	14	manage	manage	VERB
ap-308	18	15	commercial	commercial	ADJ
ap-308	18	16	risks	risk	NOUN
ap-308	18	17	and	and	CCONJ
ap-308	18	18	the	the	DET
ap-308	18	19	responsibility	responsibility	NOUN
ap-308	18	20	associated	associate	VERB
ap-308	18	21	with	with	ADP
ap-308	18	22	construction	construction	NOUN
ap-308	18	23	,	,	PUNCT
ap-308	18	24	operation	operation	NOUN
ap-308	18	25	and	and	CCONJ
ap-308	18	26	financing	financing	NOUN
ap-308	18	27	.	.	PUNCT
ap-308	19	1	on	on	ADP
ap-308	19	2	the	the	DET
ap-308	19	3	other	other	ADJ
ap-308	19	4	hand	hand	NOUN
ap-308	19	5	in	in	ADP
ap-308	19	6	the	the	DET
ap-308	19	7	field	field	NOUN
ap-308	19	8	of	of	ADP
ap-308	19	9	transport	transport	NOUN
ap-308	19	10	the	the	DET
ap-308	19	11	public	public	ADJ
ap-308	19	12	sector	sector	NOUN
ap-308	19	13	must	must	AUX
ap-308	19	14	be	be	AUX
ap-308	19	15	involved	involve	VERB
ap-308	19	16	in	in	ADP
ap-308	19	17	many	many	ADJ
ap-308	19	18	issues	issue	NOUN
ap-308	19	19	like	like	ADP
ap-308	19	20	right	right	NOUN
ap-308	19	21	of	of	ADP
ap-308	19	22	way	way	NOUN
ap-308	19	23	,	,	PUNCT
ap-308	19	24	political	political	ADJ
ap-308	19	25	risks	risk	NOUN
ap-308	19	26	and	and	CCONJ
ap-308	19	27	sometimes	sometimes	ADV
ap-308	19	28	also	also	ADV
ap-308	19	29	traffic	traffic	NOUN
ap-308	19	30	and	and	CCONJ
ap-308	19	31	revenue	revenue	NOUN
ap-308	19	32	risks	risk	NOUN
ap-308	19	33	.	.	PUNCT
ap-308	20	1	in	in	ADP
ap-308	20	2	the	the	DET
ap-308	20	3	context	context	NOUN
ap-308	20	4	of	of	ADP
ap-308	20	5	project	project	NOUN
ap-308	20	6	financing	financing	NOUN
ap-308	20	7	,	,	PUNCT
ap-308	20	8	a	a	DET
ap-308	20	9	private	private	ADJ
ap-308	20	10	company	company	NOUN
ap-308	20	11	should	should	AUX
ap-308	20	12	have	have	VERB
ap-308	20	13	access	access	NOUN
ap-308	20	14	to	to	ADP
ap-308	20	15	adequate	adequate	ADJ
ap-308	20	16	resources	resource	NOUN
ap-308	20	17	and	and	CCONJ
ap-308	20	18	experience	experience	NOUN
ap-308	20	19	to	to	PART
ap-308	20	20	carry	carry	VERB
ap-308	20	21	out	out	ADP
ap-308	20	22	the	the	DET
ap-308	20	23	construction	construction	NOUN
ap-308	20	24	effectively	effectively	ADV
ap-308	20	25	with	with	ADP
ap-308	20	26	future	future	ADJ
ap-308	20	27	backflow	backflow	NOUN
ap-308	20	28	from	from	ADP
ap-308	20	29	the	the	DET
ap-308	20	30	collection	collection	NOUN
ap-308	20	31	of	of	ADP
ap-308	20	32	tolls	toll	NOUN
ap-308	20	33	.	.	PUNCT
ap-308	21	1	it	it	PRON
ap-308	21	2	may	may	AUX
ap-308	21	3	then	then	ADV
ap-308	21	4	be	be	AUX
ap-308	21	5	possible	possible	ADJ
ap-308	21	6	for	for	SCONJ
ap-308	21	7	the	the	DET
ap-308	21	8	company	company	NOUN
ap-308	21	9	to	to	PART
ap-308	21	10	bear	bear	VERB
ap-308	21	11	the	the	DET
ap-308	21	12	construction	construction	NOUN
ap-308	21	13	risk	risk	NOUN
ap-308	21	14	and	and	CCONJ
ap-308	21	15	some	some	DET
ap-308	21	16	part	part	NOUN
ap-308	21	17	of	of	ADP
ap-308	21	18	the	the	DET
ap-308	21	19	traffic	traffic	NOUN
ap-308	21	20	risk	risk	NOUN
ap-308	21	21	.	.	PUNCT
ap-308	22	1	the	the	DET
ap-308	22	2	public	public	ADJ
ap-308	22	3	entity	entity	NOUN
ap-308	22	4	would	would	AUX
ap-308	22	5	bear	bear	VERB
ap-308	22	6	responsibility	responsibility	NOUN
ap-308	22	7	for	for	ADP
ap-308	22	8	guarantees	guarantee	NOUN
ap-308	22	9	and	and	CCONJ
ap-308	22	10	subsidies	subsidy	NOUN
ap-308	22	11	in	in	ADP
ap-308	22	12	the	the	DET
ap-308	22	13	case	case	NOUN
ap-308	22	14	of	of	ADP
ap-308	22	15	insufficient	insufficient	ADJ
ap-308	22	16	traffic	traffic	NOUN
ap-308	22	17	intensity	intensity	NOUN
ap-308	22	18	when	when	SCONJ
ap-308	22	19	operation	operation	NOUN
ap-308	22	20	begins	begin	VERB
ap-308	22	21	.	.	PUNCT
ap-308	23	1	the	the	DET
ap-308	23	2	main	main	ADJ
ap-308	23	3	risks	risk	NOUN
ap-308	23	4	facing	face	VERB
ap-308	23	5	infrastructure	infrastructure	NOUN
ap-308	23	6	projects	project	NOUN
ap-308	23	7	are	be	AUX
ap-308	23	8	pre	pre	ADJ
ap-308	23	9	-	-	ADJ
ap-308	23	10	construction	construction	ADJ
ap-308	23	11	activity	activity	NOUN
ap-308	23	12	,	,	PUNCT
ap-308	23	13	construction	construction	NOUN
ap-308	23	14	,	,	PUNCT
ap-308	23	15	traffic	traffic	NOUN
ap-308	23	16	and	and	CCONJ
ap-308	23	17	revenue	revenue	NOUN
ap-308	23	18	,	,	PUNCT
ap-308	23	19	currency	currency	NOUN
ap-308	23	20	,	,	PUNCT
ap-308	23	21	force	force	NOUN
ap-308	23	22	majeure	majeure	NOUN
ap-308	23	23	,	,	PUNCT
ap-308	23	24	tort	tort	NOUN
ap-308	23	25	liability	liability	NOUN
ap-308	23	26	,	,	PUNCT
ap-308	23	27	political	political	ADJ
ap-308	23	28	risk	risk	NOUN
ap-308	23	29	and	and	CCONJ
ap-308	23	30	financial	financial	ADJ
ap-308	23	31	risk	risk	NOUN
ap-308	23	32	.	.	PUNCT
ap-308	24	1	these	these	DET
ap-308	24	2	risks	risk	NOUN
ap-308	24	3	must	must	AUX
ap-308	24	4	be	be	AUX
ap-308	24	5	addressed	address	VERB
ap-308	24	6	in	in	ADP
ap-308	24	7	a	a	DET
ap-308	24	8	satisfactory	satisfactory	ADJ
ap-308	24	9	manner	manner	NOUN
ap-308	24	10	before	before	ADP
ap-308	24	11	debt	debt	NOUN
ap-308	24	12	and	and	CCONJ
ap-308	24	13	equity	equity	NOUN
ap-308	24	14	investors	investor	NOUN
ap-308	24	15	will	will	AUX
ap-308	24	16	commit	commit	VERB
ap-308	24	17	to	to	PART
ap-308	24	18	project	project	VERB
ap-308	24	19	funding	funding	NOUN
ap-308	24	20	.	.	PUNCT
ap-308	25	1	the	the	DET
ap-308	25	2	standard	standard	ADJ
ap-308	25	3	risks	risk	NOUN
ap-308	25	4	identified	identify	VERB
ap-308	25	5	in	in	ADP
ap-308	25	6	contracts	contract	NOUN
ap-308	25	7	are	be	AUX
ap-308	25	8	:	:	PUNCT
ap-308	25	9	pre	pre	ADJ
ap-308	25	10	-	-	NOUN
ap-308	25	11	construction	construction	ADJ
ap-308	25	12	,	,	PUNCT
ap-308	25	13	construction	construction	NOUN
ap-308	25	14	,	,	PUNCT
ap-308	25	15	traffic	traffic	NOUN
ap-308	25	16	and	and	CCONJ
ap-308	25	17	revenue	revenue	NOUN
ap-308	25	18	,	,	PUNCT
ap-308	25	19	financial	financial	ADJ
ap-308	25	20	,	,	PUNCT
ap-308	25	21	regulatory	regulatory	ADJ
ap-308	25	22	and	and	CCONJ
ap-308	25	23	political	political	ADJ
ap-308	25	24	.	.	PUNCT
ap-308	26	1	in	in	ADP
ap-308	26	2	addition	addition	NOUN
ap-308	26	3	,	,	PUNCT
ap-308	26	4	force	force	NOUN
ap-308	26	5	majeure	majeure	NOUN
ap-308	26	6	and	and	CCONJ
ap-308	26	7	legal	legal	ADJ
ap-308	26	8	liability	liability	NOUN
ap-308	26	9	are	be	AUX
ap-308	26	10	commonly	commonly	ADV
ap-308	26	11	addressed	address	VERB
ap-308	26	12	in	in	ADP
ap-308	26	13	contracts	contract	NOUN
ap-308	26	14	since	since	SCONJ
ap-308	26	15	they	they	PRON
ap-308	26	16	have	have	AUX
ap-308	26	17	proven	prove	VERB
ap-308	26	18	to	to	PART
ap-308	26	19	be	be	AUX
ap-308	26	20	serious	serious	ADJ
ap-308	26	21	sources	source	NOUN
ap-308	26	22	of	of	ADP
ap-308	26	23	cost	cost	NOUN
ap-308	26	24	overruns	overrun	NOUN
ap-308	26	25	in	in	ADP
ap-308	26	26	the	the	DET
ap-308	26	27	sector	sector	NOUN
ap-308	26	28	.	.	PUNCT
ap-308	27	1	2.1	2.1	NUM
ap-308	27	2	construction	construction	NOUN
ap-308	27	3	phase	phase	NOUN
ap-308	27	4	risks	risk	NOUN
ap-308	27	5	during	during	ADP
ap-308	27	6	this	this	DET
ap-308	27	7	phase	phase	NOUN
ap-308	27	8	,	,	PUNCT
ap-308	27	9	the	the	DET
ap-308	27	10	major	major	ADJ
ap-308	27	11	risks	risk	NOUN
ap-308	27	12	are	be	AUX
ap-308	27	13	delays	delay	NOUN
ap-308	27	14	in	in	ADP
ap-308	27	15	completion	completion	NOUN
ap-308	27	16	and	and	CCONJ
ap-308	27	17	the	the	DET
ap-308	27	18	commencement	commencement	NOUN
ap-308	27	19	of	of	ADP
ap-308	27	20	project	project	NOUN
ap-308	27	21	cash	cash	NOUN
ap-308	27	22	flows	flow	NOUN
ap-308	27	23	;	;	PUNCT
ap-308	27	24	cost	cost	NOUN
ap-308	27	25	overruns	overrun	NOUN
ap-308	27	26	with	with	ADP
ap-308	27	27	an	an	DET
ap-308	27	28	increase	increase	NOUN
ap-308	27	29	in	in	ADP
ap-308	27	30	the	the	DET
ap-308	27	31	capital	capital	NOUN
ap-308	27	32	needed	need	VERB
ap-308	27	33	to	to	PART
ap-308	27	34	complete	complete	VERB
ap-308	27	35	construction	construction	NOUN
ap-308	27	36	;	;	PUNCT
ap-308	27	37	and	and	CCONJ
ap-308	27	38	insolvency	insolvency	NOUN
ap-308	27	39	or	or	CCONJ
ap-308	27	40	lack	lack	NOUN
ap-308	27	41	of	of	ADP
ap-308	27	42	experience	experience	NOUN
ap-308	27	43	of	of	ADP
ap-308	27	44	contractors	contractor	NOUN
ap-308	27	45	or	or	CCONJ
ap-308	27	46	key	key	ADJ
ap-308	27	47	suppliers	supplier	NOUN
ap-308	27	48	.	.	PUNCT
ap-308	28	1	construction	construction	NOUN
ap-308	28	2	costs	cost	NOUN
ap-308	28	3	may	may	AUX
ap-308	28	4	exceed	exceed	VERB
ap-308	28	5	estimates	estimate	NOUN
ap-308	28	6	for	for	ADP
ap-308	28	7	many	many	ADJ
ap-308	28	8	reasons	reason	NOUN
ap-308	28	9	,	,	PUNCT
ap-308	28	10	including	include	VERB
ap-308	28	11	inaccurate	inaccurate	ADJ
ap-308	28	12	engineering	engineering	NOUN
ap-308	28	13	and	and	CCONJ
ap-308	28	14	design	design	NOUN
ap-308	28	15	,	,	PUNCT
ap-308	28	16	escalation	escalation	NOUN
ap-308	28	17	in	in	ADP
ap-308	28	18	material	material	NOUN
ap-308	28	19	and	and	CCONJ
ap-308	28	20	labour	labour	NOUN
ap-308	28	21	costs	cost	NOUN
ap-308	28	22	,	,	PUNCT
ap-308	28	23	and	and	CCONJ
ap-308	28	24	delays	delay	NOUN
ap-308	28	25	in	in	ADP
ap-308	28	26	project	project	NOUN
ap-308	28	27	start	start	NOUN
ap-308	28	28	-	-	PUNCT
ap-308	28	29	up	up	NOUN
ap-308	28	30	.	.	PUNCT
ap-308	29	1	cost	cost	NOUN
ap-308	29	2	overruns	overrun	NOUN
ap-308	29	3	are	be	AUX
ap-308	29	4	typically	typically	ADV
ap-308	29	5	handled	handle	VERB
ap-308	29	6	through	through	ADP
ap-308	29	7	a	a	DET
ap-308	29	8	fixed	fix	VERB
ap-308	29	9	-	-	PUNCT
ap-308	29	10	price	price	NOUN
ap-308	29	11	and	and	CCONJ
ap-308	29	12	fixed	fix	VERB
ap-308	29	13	-	-	PUNCT
ap-308	29	14	term	term	NOUN
ap-308	29	15	contract	contract	NOUN
ap-308	29	16	,	,	PUNCT
ap-308	29	17	with	with	ADP
ap-308	29	18	incentives	incentive	NOUN
ap-308	29	19	for	for	ADP
ap-308	29	20	completion	completion	NOUN
ap-308	29	21	and	and	CCONJ
ap-308	29	22	for	for	ADP
ap-308	29	23	meeting	meet	VERB
ap-308	29	24	pre	pre	ADJ
ap-308	29	25	-	-	ADJ
ap-308	29	26	specified	specified	ADJ
ap-308	29	27	investment	investment	NOUN
ap-308	29	28	goals	goal	NOUN
ap-308	29	29	.	.	PUNCT
ap-308	30	1	other	other	ADJ
ap-308	30	2	alternatives	alternative	NOUN
ap-308	30	3	include	include	VERB
ap-308	30	4	provision	provision	NOUN
ap-308	30	5	for	for	ADP
ap-308	30	6	additional	additional	ADJ
ap-308	30	7	equity	equity	NOUN
ap-308	30	8	injections	injection	NOUN
ap-308	30	9	by	by	ADP
ap-308	30	10	the	the	DET
ap-308	30	11	sponsor	sponsor	NOUN
ap-308	30	12	or	or	CCONJ
ap-308	30	13	standby	standby	ADJ
ap-308	30	14	agreements	agreement	NOUN
ap-308	30	15	for	for	ADP
ap-308	30	16	additional	additional	ADJ
ap-308	30	17	debt	debt	NOUN
ap-308	30	18	financing	financing	NOUN
ap-308	30	19	.	.	PUNCT
ap-308	31	1	it	it	PRON
ap-308	31	2	is	be	AUX
ap-308	31	3	always	always	ADV
ap-308	31	4	sensible	sensible	ADJ
ap-308	31	5	for	for	SCONJ
ap-308	31	6	developers	developer	NOUN
ap-308	31	7	to	to	PART
ap-308	31	8	establish	establish	VERB
ap-308	31	9	an	an	DET
ap-308	31	10	escrow	escrow	NOUN
ap-308	31	11	or	or	CCONJ
ap-308	31	12	contingency	contingency	NOUN
ap-308	31	13	fund	fund	NOUN
ap-308	31	14	to	to	PART
ap-308	31	15	cover	cover	VERB
ap-308	31	16	such	such	ADJ
ap-308	31	17	overruns	overrun	NOUN
ap-308	31	18	.	.	PUNCT
ap-308	32	1	delays	delay	NOUN
ap-308	32	2	in	in	ADP
ap-308	32	3	project	project	NOUN
ap-308	32	4	completion	completion	NOUN
ap-308	32	5	can	can	AUX
ap-308	32	6	result	result	VERB
ap-308	32	7	in	in	ADP
ap-308	32	8	an	an	DET
ap-308	32	9	increase	increase	NOUN
ap-308	32	10	in	in	ADP
ap-308	32	11	total	total	ADJ
ap-308	32	12	costs	cost	NOUN
ap-308	32	13	through	through	ADP
ap-308	32	14	higher	high	ADJ
ap-308	32	15	capitalized	capitalize	VERB
ap-308	32	16	interest	interest	NOUN
ap-308	32	17	charges	charge	NOUN
ap-308	32	18	.	.	PUNCT
ap-308	33	1	they	they	PRON
ap-308	33	2	may	may	AUX
ap-308	33	3	also	also	ADV
ap-308	33	4	affect	affect	VERB
ap-308	33	5	the	the	DET
ap-308	33	6	scheduled	schedule	VERB
ap-308	33	7	flow	flow	NOUN
ap-308	33	8	of	of	ADP
ap-308	33	9	project	project	NOUN
ap-308	33	10	revenues	revenue	NOUN
ap-308	33	11	necessary	necessary	ADJ
ap-308	33	12	for	for	ADP
ap-308	33	13	debt	debt	NOUN
ap-308	33	14	servicing	servicing	NOUN
ap-308	33	15	and	and	CCONJ
ap-308	33	16	operating	operating	NOUN
ap-308	33	17	and	and	CCONJ
ap-308	33	18	maintenance	maintenance	NOUN
ap-308	33	19	expenses	expense	NOUN
ap-308	33	20	.	.	PUNCT
ap-308	34	1	availability	availability	NOUN
ap-308	34	2	of	of	ADP
ap-308	34	3	materials	material	NOUN
ap-308	34	4	and	and	CCONJ
ap-308	34	5	equipment	equipment	NOUN
ap-308	34	6	in	in	ADP
ap-308	34	7	many	many	ADJ
ap-308	34	8	developing	develop	VERB
ap-308	34	9	countries	country	NOUN
ap-308	34	10	,	,	PUNCT
ap-308	34	11	the	the	DET
ap-308	34	12	risk	risk	NOUN
ap-308	34	13	of	of	ADP
ap-308	34	14	equipment	equipment	NOUN
ap-308	34	15	or	or	CCONJ
ap-308	34	16	materials	material	NOUN
ap-308	34	17	for	for	ADP
ap-308	34	18	construction	construction	NOUN
ap-308	34	19	or	or	CCONJ
ap-308	34	20	operation	operation	NOUN
ap-308	34	21	must	must	AUX
ap-308	34	22	be	be	AUX
ap-308	34	23	considered	consider	VERB
ap-308	34	24	.	.	PUNCT
ap-308	35	1	transit	transit	NOUN
ap-308	35	2	bottlenecks	bottleneck	NOUN
ap-308	35	3	,	,	PUNCT
ap-308	35	4	tariffs	tariff	NOUN
ap-308	35	5	,	,	PUNCT
ap-308	35	6	foreign	foreign	ADJ
ap-308	35	7	currency	currency	NOUN
ap-308	35	8	fluctuations	fluctuation	NOUN
ap-308	35	9	and	and	CCONJ
ap-308	35	10	other	other	ADJ
ap-308	35	11	factors	factor	NOUN
ap-308	35	12	can	can	AUX
ap-308	35	13	cause	cause	VERB
ap-308	35	14	a	a	DET
ap-308	35	15	significant	significant	ADJ
ap-308	35	16	increase	increase	NOUN
ap-308	35	17	in	in	ADP
ap-308	35	18	costs	cost	NOUN
ap-308	35	19	.	.	PUNCT
ap-308	36	1	©	©	PROPN
ap-308	36	2	czech	czech	PROPN
ap-308	36	3	technical	technical	PROPN
ap-308	36	4	university	university	PROPN
ap-308	36	5	publishing	publishing	NOUN
ap-308	36	6	house	house	NOUN
ap-308	36	7	http://ctn.cvut.cz/ap/	http://ctn.cvut.cz/ap/	PROPN
ap-308	36	8	33	33	NUM
ap-308	36	9	acta	acta	PROPN
ap-308	36	10	polytechnica	polytechnica	PROPN
ap-308	36	11	vol	vol	NOUN
ap-308	36	12	.	.	PUNCT
ap-308	37	1	42	42	NUM
ap-308	37	2	no	no	INTJ
ap-308	37	3	.	.	PUNCT
ap-308	38	1	1/2002	1/2002	NUM
ap-308	38	2	the	the	DET
ap-308	38	3	risks	risk	NOUN
ap-308	38	4	of	of	ADP
ap-308	38	5	investments	investment	NOUN
ap-308	38	6	in	in	ADP
ap-308	38	7	transport	transport	NOUN
ap-308	38	8	infrastructure	infrastructure	NOUN
ap-308	38	9	projects	project	NOUN
ap-308	38	10	o.	o.	PROPN
ap-308	38	11	pokorná	pokorná	PROPN
ap-308	38	12	,	,	PUNCT
ap-308	38	13	d.	d.	PROPN
ap-308	38	14	mocková	mocková	PROPN
ap-308	38	15	investment	investment	NOUN
ap-308	38	16	decisions	decision	NOUN
ap-308	38	17	should	should	AUX
ap-308	38	18	not	not	PART
ap-308	38	19	be	be	AUX
ap-308	38	20	taken	take	VERB
ap-308	38	21	without	without	ADP
ap-308	38	22	an	an	DET
ap-308	38	23	in	in	ADP
ap-308	38	24	-	-	PUNCT
ap-308	38	25	depth	depth	NOUN
ap-308	38	26	analysis	analysis	NOUN
ap-308	38	27	of	of	ADP
ap-308	38	28	the	the	DET
ap-308	38	29	risks	risk	NOUN
ap-308	38	30	.	.	PUNCT
ap-308	39	1	this	this	PRON
ap-308	39	2	is	be	AUX
ap-308	39	3	an	an	DET
ap-308	39	4	important	important	ADJ
ap-308	39	5	stage	stage	NOUN
ap-308	39	6	in	in	ADP
ap-308	39	7	project	project	NOUN
ap-308	39	8	preparation	preparation	NOUN
ap-308	39	9	and	and	CCONJ
ap-308	39	10	should	should	AUX
ap-308	39	11	be	be	AUX
ap-308	39	12	performed	perform	VERB
ap-308	39	13	simultaneously	simultaneously	ADV
ap-308	39	14	with	with	ADP
ap-308	39	15	the	the	DET
ap-308	39	16	planning	planning	NOUN
ap-308	39	17	of	of	ADP
ap-308	39	18	the	the	DET
ap-308	39	19	financial	financial	ADJ
ap-308	39	20	operations	operation	NOUN
ap-308	39	21	.	.	PUNCT
ap-308	40	1	infrastructure	infrastructure	NOUN
ap-308	40	2	development	development	NOUN
ap-308	40	3	requires	require	VERB
ap-308	40	4	that	that	SCONJ
ap-308	40	5	project	project	NOUN
ap-308	40	6	risks	risk	NOUN
ap-308	40	7	and	and	CCONJ
ap-308	40	8	responsibilities	responsibility	NOUN
ap-308	40	9	be	be	AUX
ap-308	40	10	assigned	assign	VERB
ap-308	40	11	to	to	ADP
ap-308	40	12	the	the	DET
ap-308	40	13	public	public	ADJ
ap-308	40	14	or	or	CCONJ
ap-308	40	15	private	private	ADJ
ap-308	40	16	entity	entity	NOUN
ap-308	40	17	that	that	PRON
ap-308	40	18	is	be	AUX
ap-308	40	19	best	well	ADV
ap-308	40	20	able	able	ADJ
ap-308	40	21	to	to	PART
ap-308	40	22	manage	manage	VERB
ap-308	40	23	them	they	PRON
ap-308	40	24	.	.	PUNCT
ap-308	41	1	the	the	DET
ap-308	41	2	risks	risk	NOUN
ap-308	41	3	and	and	CCONJ
ap-308	41	4	their	their	PRON
ap-308	41	5	financial	financial	ADJ
ap-308	41	6	impacts	impact	NOUN
ap-308	41	7	are	be	AUX
ap-308	41	8	usually	usually	ADV
ap-308	41	9	not	not	PART
ap-308	41	10	quantified	quantify	VERB
ap-308	41	11	equally	equally	ADV
ap-308	41	12	by	by	ADP
ap-308	41	13	all	all	DET
ap-308	41	14	parties	party	NOUN
ap-308	41	15	.	.	PUNCT
ap-308	42	1	each	each	DET
ap-308	42	2	party	party	NOUN
ap-308	42	3	views	view	VERB
ap-308	42	4	the	the	DET
ap-308	42	5	given	give	VERB
ap-308	42	6	risks	risk	NOUN
ap-308	42	7	according	accord	VERB
ap-308	42	8	to	to	ADP
ap-308	42	9	the	the	DET
ap-308	42	10	guarantees	guarantee	NOUN
ap-308	42	11	provided	provide	VERB
ap-308	42	12	.	.	PUNCT
ap-308	43	1	these	these	DET
ap-308	43	2	guarantees	guarantee	NOUN
ap-308	43	3	are	be	AUX
ap-308	43	4	related	relate	VERB
ap-308	43	5	to	to	ADP
ap-308	43	6	the	the	DET
ap-308	43	7	form	form	NOUN
ap-308	43	8	of	of	ADP
ap-308	43	9	participation	participation	NOUN
ap-308	43	10	in	in	ADP
ap-308	43	11	the	the	DET
ap-308	43	12	project	project	NOUN
ap-308	43	13	.	.	PUNCT
ap-308	44	1	keywords	keyword	NOUN
ap-308	44	2	:	:	PUNCT
ap-308	44	3	project	project	NOUN
ap-308	44	4	financing	financing	NOUN
ap-308	44	5	,	,	PUNCT
ap-308	44	6	identification	identification	NOUN
ap-308	44	7	of	of	ADP
ap-308	44	8	risks	risk	NOUN
ap-308	44	9	,	,	PUNCT
ap-308	44	10	construction	construction	NOUN
ap-308	44	11	phase	phase	NOUN
ap-308	44	12	risks	risk	NOUN
ap-308	44	13	,	,	PUNCT
ap-308	44	14	star	star	NOUN
ap-308	44	15	-	-	PUNCT
ap-308	44	16	up	up	NOUN
ap-308	44	17	and	and	CCONJ
ap-308	44	18	operating	operating	NOUN
ap-308	44	19	phase	phase	NOUN
ap-308	44	20	risks	risk	NOUN
ap-308	44	21	,	,	PUNCT
ap-308	44	22	risk	risk	NOUN
ap-308	44	23	analysis	analysis	NOUN
ap-308	44	24	,	,	PUNCT
ap-308	44	25	investment	investment	NOUN
ap-308	44	26	decisions	decision	NOUN
ap-308	44	27	,	,	PUNCT
ap-308	44	28	financial	financial	ADJ
ap-308	44	29	evaluation	evaluation	NOUN
ap-308	44	30	of	of	ADP
ap-308	44	31	the	the	DET
ap-308	44	32	risks	risk	NOUN
ap-308	44	33	.	.	PUNCT
ap-308	45	1	contractor	contractor	NOUN
ap-308	45	2	capability	capability	NOUN
ap-308	45	3	the	the	DET
ap-308	45	4	main	main	ADJ
ap-308	45	5	contractors	contractor	NOUN
ap-308	45	6	and	and	CCONJ
ap-308	45	7	key	key	ADJ
ap-308	45	8	subcontractors	subcontractor	NOUN
ap-308	45	9	should	should	AUX
ap-308	45	10	have	have	VERB
ap-308	45	11	the	the	DET
ap-308	45	12	experience	experience	NOUN
ap-308	45	13	,	,	PUNCT
ap-308	45	14	reputation	reputation	NOUN
ap-308	45	15	,	,	PUNCT
ap-308	45	16	financial	financial	ADJ
ap-308	45	17	,	,	PUNCT
ap-308	45	18	technical	technical	ADJ
ap-308	45	19	and	and	CCONJ
ap-308	45	20	human	human	ADJ
ap-308	45	21	resources	resource	NOUN
ap-308	45	22	to	to	PART
ap-308	45	23	be	be	AUX
ap-308	45	24	capable	capable	ADJ
ap-308	45	25	of	of	ADP
ap-308	45	26	completing	complete	VERB
ap-308	45	27	the	the	DET
ap-308	45	28	project	project	NOUN
ap-308	45	29	in	in	ADP
ap-308	45	30	a	a	DET
ap-308	45	31	timely	timely	ADJ
ap-308	45	32	fashion	fashion	NOUN
ap-308	45	33	on	on	ADP
ap-308	45	34	budget	budget	NOUN
ap-308	45	35	.	.	PUNCT
ap-308	46	1	this	this	DET
ap-308	46	2	risk	risk	NOUN
ap-308	46	3	is	be	AUX
ap-308	46	4	best	well	ADV
ap-308	46	5	addressed	address	VERB
ap-308	46	6	through	through	ADP
ap-308	46	7	tough	tough	ADJ
ap-308	46	8	pre	pre	NOUN
ap-308	46	9	-	-	NOUN
ap-308	46	10	qualification	qualification	NOUN
ap-308	46	11	of	of	ADP
ap-308	46	12	bidders	bidder	NOUN
ap-308	46	13	;	;	PUNCT
ap-308	46	14	through	through	ADP
ap-308	46	15	certification	certification	NOUN
ap-308	46	16	and	and	CCONJ
ap-308	46	17	monitoring	monitoring	NOUN
ap-308	46	18	;	;	PUNCT
ap-308	46	19	and	and	CCONJ
ap-308	46	20	by	by	ADP
ap-308	46	21	ongoing	ongoing	ADJ
ap-308	46	22	financial	financial	ADJ
ap-308	46	23	supervision	supervision	NOUN
ap-308	46	24	of	of	ADP
ap-308	46	25	the	the	DET
ap-308	46	26	contracting	contracting	NOUN
ap-308	46	27	companies	company	NOUN
ap-308	46	28	,	,	PUNCT
ap-308	46	29	to	to	PART
ap-308	46	30	make	make	VERB
ap-308	46	31	sure	sure	ADJ
ap-308	46	32	that	that	SCONJ
ap-308	46	33	poor	poor	ADJ
ap-308	46	34	results	result	NOUN
ap-308	46	35	from	from	ADP
ap-308	46	36	other	other	ADJ
ap-308	46	37	projects	project	NOUN
ap-308	46	38	or	or	CCONJ
ap-308	46	39	from	from	ADP
ap-308	46	40	weak	weak	ADJ
ap-308	46	41	balance	balance	NOUN
ap-308	46	42	sheets	sheet	NOUN
ap-308	46	43	do	do	AUX
ap-308	46	44	not	not	PART
ap-308	46	45	spill	spill	VERB
ap-308	46	46	over	over	ADP
ap-308	46	47	into	into	ADP
ap-308	46	48	the	the	DET
ap-308	46	49	specific	specific	ADJ
ap-308	46	50	project	project	NOUN
ap-308	46	51	in	in	ADP
ap-308	46	52	question	question	NOUN
ap-308	46	53	.	.	PUNCT
ap-308	47	1	environmental	environmental	ADJ
ap-308	47	2	and	and	CCONJ
ap-308	47	3	land	land	NOUN
ap-308	47	4	risks	risk	NOUN
ap-308	47	5	transport	transport	NOUN
ap-308	47	6	projects	project	NOUN
ap-308	47	7	can	can	AUX
ap-308	47	8	have	have	VERB
ap-308	47	9	a	a	DET
ap-308	47	10	substantial	substantial	ADJ
ap-308	47	11	environmental	environmental	ADJ
ap-308	47	12	impact	impact	NOUN
ap-308	47	13	.	.	PUNCT
ap-308	48	1	such	such	ADJ
ap-308	48	2	projects	project	NOUN
ap-308	48	3	frequently	frequently	ADV
ap-308	48	4	attract	attract	VERB
ap-308	48	5	strong	strong	ADJ
ap-308	48	6	opposition	opposition	NOUN
ap-308	48	7	from	from	ADP
ap-308	48	8	community	community	NOUN
ap-308	48	9	and	and	CCONJ
ap-308	48	10	environmental	environmental	ADJ
ap-308	48	11	groups	group	NOUN
ap-308	48	12	over	over	ADP
ap-308	48	13	issues	issue	NOUN
ap-308	48	14	of	of	ADP
ap-308	48	15	pollution	pollution	NOUN
ap-308	48	16	,	,	PUNCT
ap-308	48	17	congestion	congestion	NOUN
ap-308	48	18	,	,	PUNCT
ap-308	48	19	neglect	neglect	NOUN
ap-308	48	20	of	of	ADP
ap-308	48	21	public	public	ADJ
ap-308	48	22	transport	transport	NOUN
ap-308	48	23	and	and	CCONJ
ap-308	48	24	visual	visual	ADJ
ap-308	48	25	impact	impact	NOUN
ap-308	48	26	.	.	PUNCT
ap-308	49	1	similarly	similarly	ADV
ap-308	49	2	,	,	PUNCT
ap-308	49	3	land	land	NOUN
ap-308	49	4	acquisition	acquisition	NOUN
ap-308	49	5	can	can	AUX
ap-308	49	6	be	be	AUX
ap-308	49	7	a	a	DET
ap-308	49	8	protracted	protract	VERB
ap-308	49	9	process	process	NOUN
ap-308	49	10	with	with	ADP
ap-308	49	11	the	the	DET
ap-308	49	12	potential	potential	NOUN
ap-308	49	13	for	for	ADP
ap-308	49	14	extensive	extensive	ADJ
ap-308	49	15	legal	legal	ADJ
ap-308	49	16	delays	delay	NOUN
ap-308	49	17	.	.	PUNCT
ap-308	50	1	in	in	ADP
ap-308	50	2	general	general	ADJ
ap-308	50	3	,	,	PUNCT
ap-308	50	4	the	the	DET
ap-308	50	5	public	public	ADJ
ap-308	50	6	sector	sector	NOUN
ap-308	50	7	often	often	ADV
ap-308	50	8	takes	take	VERB
ap-308	50	9	on	on	ADP
ap-308	50	10	the	the	DET
ap-308	50	11	responsibility	responsibility	NOUN
ap-308	50	12	for	for	ADP
ap-308	50	13	most	most	ADJ
ap-308	50	14	of	of	ADP
ap-308	50	15	these	these	DET
ap-308	50	16	risks	risk	NOUN
ap-308	50	17	since	since	SCONJ
ap-308	50	18	often	often	ADV
ap-308	50	19	it	it	PRON
ap-308	50	20	is	be	AUX
ap-308	50	21	easier	easy	ADJ
ap-308	50	22	for	for	SCONJ
ap-308	50	23	the	the	DET
ap-308	50	24	public	public	ADJ
ap-308	50	25	sector	sector	NOUN
ap-308	50	26	to	to	PART
ap-308	50	27	take	take	VERB
ap-308	50	28	responsibility	responsibility	NOUN
ap-308	50	29	for	for	ADP
ap-308	50	30	acquiring	acquire	VERB
ap-308	50	31	rights	right	NOUN
ap-308	50	32	-	-	PUNCT
ap-308	50	33	of	of	ADP
ap-308	50	34	-	-	PUNCT
ap-308	50	35	way	way	NOUN
ap-308	50	36	,	,	PUNCT
ap-308	50	37	to	to	PART
ap-308	50	38	pay	pay	VERB
ap-308	50	39	for	for	ADP
ap-308	50	40	them	they	PRON
ap-308	50	41	and	and	CCONJ
ap-308	50	42	contribute	contribute	VERB
ap-308	50	43	this	this	DET
ap-308	50	44	asset	asset	NOUN
ap-308	50	45	to	to	ADP
ap-308	50	46	the	the	DET
ap-308	50	47	project	project	NOUN
ap-308	50	48	.	.	PUNCT
ap-308	51	1	project	project	NOUN
ap-308	51	2	sponsors	sponsor	NOUN
ap-308	51	3	often	often	ADV
ap-308	51	4	try	try	VERB
ap-308	51	5	to	to	PART
ap-308	51	6	ensure	ensure	VERB
ap-308	51	7	that	that	SCONJ
ap-308	51	8	the	the	DET
ap-308	51	9	government	government	NOUN
ap-308	51	10	bears	bear	VERB
ap-308	51	11	the	the	DET
ap-308	51	12	risk	risk	NOUN
ap-308	51	13	of	of	ADP
ap-308	51	14	providing	provide	VERB
ap-308	51	15	all	all	DET
ap-308	51	16	necessary	necessary	ADJ
ap-308	51	17	land	land	NOUN
ap-308	51	18	within	within	ADP
ap-308	51	19	a	a	DET
ap-308	51	20	given	give	VERB
ap-308	51	21	time	time	NOUN
ap-308	51	22	frame	frame	NOUN
ap-308	51	23	or	or	CCONJ
ap-308	51	24	being	be	AUX
ap-308	51	25	liable	liable	ADJ
ap-308	51	26	for	for	ADP
ap-308	51	27	damages	damage	NOUN
ap-308	51	28	.	.	PUNCT
ap-308	52	1	furthermore	furthermore	ADV
ap-308	52	2	,	,	PUNCT
ap-308	52	3	the	the	DET
ap-308	52	4	cost	cost	NOUN
ap-308	52	5	of	of	ADP
ap-308	52	6	land	land	NOUN
ap-308	52	7	acquisition	acquisition	NOUN
ap-308	52	8	can	can	AUX
ap-308	52	9	become	become	VERB
ap-308	52	10	a	a	DET
ap-308	52	11	major	major	ADJ
ap-308	52	12	factor	factor	NOUN
ap-308	52	13	where	where	SCONJ
ap-308	52	14	land	land	NOUN
ap-308	52	15	values	value	NOUN
ap-308	52	16	rise	rise	VERB
ap-308	52	17	rapidly	rapidly	ADV
ap-308	52	18	or	or	CCONJ
ap-308	52	19	are	be	AUX
ap-308	52	20	subject	subject	ADJ
ap-308	52	21	to	to	ADP
ap-308	52	22	speculative	speculative	ADJ
ap-308	52	23	activity	activity	NOUN
ap-308	52	24	over	over	ADP
ap-308	52	25	which	which	PRON
ap-308	52	26	the	the	DET
ap-308	52	27	project	project	NOUN
ap-308	52	28	developer	developer	NOUN
ap-308	52	29	has	have	VERB
ap-308	52	30	no	no	DET
ap-308	52	31	control	control	NOUN
ap-308	52	32	.	.	PUNCT
ap-308	53	1	in	in	ADP
ap-308	53	2	these	these	DET
ap-308	53	3	cases	case	NOUN
ap-308	53	4	,	,	PUNCT
ap-308	53	5	agreement	agreement	NOUN
ap-308	53	6	on	on	ADP
ap-308	53	7	some	some	DET
ap-308	53	8	form	form	NOUN
ap-308	53	9	of	of	ADP
ap-308	53	10	cost	cost	NOUN
ap-308	53	11	ceiling	ceiling	NOUN
ap-308	53	12	may	may	AUX
ap-308	53	13	be	be	AUX
ap-308	53	14	necessary	necessary	ADJ
ap-308	53	15	in	in	ADP
ap-308	53	16	the	the	DET
ap-308	53	17	concession	concession	NOUN
ap-308	53	18	contract	contract	NOUN
ap-308	53	19	.	.	PUNCT
ap-308	54	1	generally	generally	ADV
ap-308	54	2	,	,	PUNCT
ap-308	54	3	the	the	DET
ap-308	54	4	host	host	NOUN
ap-308	54	5	government	government	NOUN
ap-308	54	6	should	should	AUX
ap-308	54	7	ensure	ensure	VERB
ap-308	54	8	that	that	SCONJ
ap-308	54	9	required	require	VERB
ap-308	54	10	licenses	license	NOUN
ap-308	54	11	and	and	CCONJ
ap-308	54	12	permits	permit	NOUN
ap-308	54	13	be	be	AUX
ap-308	54	14	obtainable	obtainable	ADJ
ap-308	54	15	without	without	ADP
ap-308	54	16	unreasonable	unreasonable	ADJ
ap-308	54	17	delay	delay	NOUN
ap-308	54	18	or	or	CCONJ
ap-308	54	19	expense	expense	NOUN
ap-308	54	20	.	.	PUNCT
ap-308	55	1	2.2	2.2	NUM
ap-308	55	2	start	start	NOUN
ap-308	55	3	-	-	PUNCT
ap-308	55	4	up	up	NOUN
ap-308	55	5	and	and	CCONJ
ap-308	55	6	operating	operating	NOUN
ap-308	55	7	phase	phase	NOUN
ap-308	55	8	risks	risk	VERB
ap-308	55	9	the	the	DET
ap-308	55	10	major	major	ADJ
ap-308	55	11	risks	risk	NOUN
ap-308	55	12	for	for	ADP
ap-308	55	13	transport	transport	NOUN
ap-308	55	14	projects	project	NOUN
ap-308	55	15	in	in	ADP
ap-308	55	16	these	these	DET
ap-308	55	17	stages	stage	NOUN
ap-308	55	18	relate	relate	VERB
ap-308	55	19	to	to	ADP
ap-308	55	20	traffic	traffic	NOUN
ap-308	55	21	/	/	SYM
ap-308	55	22	revenue	revenue	NOUN
ap-308	55	23	risk	risk	NOUN
ap-308	55	24	;	;	PUNCT
ap-308	55	25	regulatory	regulatory	ADJ
ap-308	55	26	and	and	CCONJ
ap-308	55	27	legal	legal	ADJ
ap-308	55	28	changes	change	NOUN
ap-308	55	29	;	;	PUNCT
ap-308	55	30	interest	interest	NOUN
ap-308	55	31	rate	rate	NOUN
ap-308	55	32	and	and	CCONJ
ap-308	55	33	foreign	foreign	ADJ
ap-308	55	34	exchange	exchange	NOUN
ap-308	55	35	risks	risk	NOUN
ap-308	55	36	;	;	PUNCT
ap-308	55	37	force	force	NOUN
ap-308	55	38	majeure	majeure	NOUN
ap-308	55	39	risk	risk	NOUN
ap-308	55	40	;	;	PUNCT
ap-308	55	41	and	and	CCONJ
ap-308	55	42	political	political	ADJ
ap-308	55	43	risk	risk	NOUN
ap-308	55	44	.	.	PUNCT
ap-308	56	1	technology	technology	NOUN
ap-308	56	2	risks	risk	NOUN
ap-308	56	3	project	project	NOUN
ap-308	56	4	finance	finance	NOUN
ap-308	56	5	participants	participant	NOUN
ap-308	56	6	can	can	AUX
ap-308	56	7	not	not	PART
ap-308	56	8	ignore	ignore	VERB
ap-308	56	9	new	new	ADJ
ap-308	56	10	technologies	technology	NOUN
ap-308	56	11	since	since	SCONJ
ap-308	56	12	these	these	PRON
ap-308	56	13	can	can	AUX
ap-308	56	14	either	either	CCONJ
ap-308	56	15	significantly	significantly	ADV
ap-308	56	16	improve	improve	VERB
ap-308	56	17	the	the	DET
ap-308	56	18	profitability	profitability	NOUN
ap-308	56	19	of	of	ADP
ap-308	56	20	a	a	DET
ap-308	56	21	project	project	NOUN
ap-308	56	22	,	,	PUNCT
ap-308	56	23	or	or	CCONJ
ap-308	56	24	can	can	AUX
ap-308	56	25	adversely	adversely	ADV
ap-308	56	26	affect	affect	VERB
ap-308	56	27	any	any	DET
ap-308	56	28	project	project	NOUN
ap-308	56	29	that	that	PRON
ap-308	56	30	uses	use	VERB
ap-308	56	31	obsolete	obsolete	ADJ
ap-308	56	32	technology	technology	NOUN
ap-308	56	33	.	.	PUNCT
ap-308	57	1	for	for	ADP
ap-308	57	2	example	example	NOUN
ap-308	57	3	,	,	PUNCT
ap-308	57	4	the	the	DET
ap-308	57	5	use	use	NOUN
ap-308	57	6	of	of	ADP
ap-308	57	7	automatic	automatic	ADJ
ap-308	57	8	toll	toll	NOUN
ap-308	57	9	collection	collection	NOUN
ap-308	57	10	technology	technology	NOUN
ap-308	57	11	reduces	reduce	VERB
ap-308	57	12	collection	collection	NOUN
ap-308	57	13	costs	cost	NOUN
ap-308	57	14	and	and	CCONJ
ap-308	57	15	incentives	incentive	NOUN
ap-308	57	16	for	for	ADP
ap-308	57	17	graft	graft	NOUN
ap-308	57	18	.	.	PUNCT
ap-308	58	1	another	another	DET
ap-308	58	2	example	example	NOUN
ap-308	58	3	is	be	AUX
ap-308	58	4	technological	technological	ADJ
ap-308	58	5	improvements	improvement	NOUN
ap-308	58	6	in	in	ADP
ap-308	58	7	customs	custom	NOUN
ap-308	58	8	processing	processing	NOUN
ap-308	58	9	,	,	PUNCT
ap-308	58	10	so	so	SCONJ
ap-308	58	11	that	that	SCONJ
ap-308	58	12	border	border	NOUN
ap-308	58	13	crossings	crossing	NOUN
ap-308	58	14	on	on	ADP
ap-308	58	15	major	major	ADJ
ap-308	58	16	arterial	arterial	ADJ
ap-308	58	17	toll	toll	NOUN
ap-308	58	18	roads	road	NOUN
ap-308	58	19	can	can	AUX
ap-308	58	20	be	be	AUX
ap-308	58	21	traversed	traverse	VERB
ap-308	58	22	more	more	ADV
ap-308	58	23	quickly	quickly	ADV
ap-308	58	24	,	,	PUNCT
ap-308	58	25	saving	save	VERB
ap-308	58	26	time	time	NOUN
ap-308	58	27	for	for	ADP
ap-308	58	28	users	user	NOUN
ap-308	58	29	and	and	CCONJ
ap-308	58	30	making	make	VERB
ap-308	58	31	the	the	DET
ap-308	58	32	road	road	NOUN
ap-308	58	33	more	more	ADV
ap-308	58	34	valuable	valuable	ADJ
ap-308	58	35	.	.	PUNCT
ap-308	59	1	traffic	traffic	NOUN
ap-308	59	2	and	and	CCONJ
ap-308	59	3	revenue	revenue	NOUN
ap-308	59	4	risks	risk	NOUN
ap-308	59	5	demand	demand	VERB
ap-308	59	6	risk	risk	NOUN
ap-308	59	7	is	be	AUX
ap-308	59	8	a	a	DET
ap-308	59	9	major	major	ADJ
ap-308	59	10	issue	issue	NOUN
ap-308	59	11	in	in	ADP
ap-308	59	12	virtually	virtually	ADV
ap-308	59	13	all	all	PRON
ap-308	59	14	projects	project	NOUN
ap-308	59	15	.	.	PUNCT
ap-308	60	1	even	even	ADV
ap-308	60	2	where	where	SCONJ
ap-308	60	3	there	there	PRON
ap-308	60	4	is	be	VERB
ap-308	60	5	a	a	DET
ap-308	60	6	reasonable	reasonable	ADJ
ap-308	60	7	level	level	NOUN
ap-308	60	8	of	of	ADP
ap-308	60	9	confidence	confidence	NOUN
ap-308	60	10	in	in	ADP
ap-308	60	11	forecasts	forecast	NOUN
ap-308	60	12	,	,	PUNCT
ap-308	60	13	demand	demand	NOUN
ap-308	60	14	can	can	AUX
ap-308	60	15	be	be	AUX
ap-308	60	16	dramatically	dramatically	ADV
ap-308	60	17	affected	affect	VERB
ap-308	60	18	by	by	ADP
ap-308	60	19	competition	competition	NOUN
ap-308	60	20	from	from	ADP
ap-308	60	21	other	other	ADJ
ap-308	60	22	modes	mode	NOUN
ap-308	60	23	or	or	CCONJ
ap-308	60	24	facilities	facility	NOUN
ap-308	60	25	,	,	PUNCT
ap-308	60	26	changing	change	VERB
ap-308	60	27	patterns	pattern	NOUN
ap-308	60	28	of	of	ADP
ap-308	60	29	use	use	NOUN
ap-308	60	30	,	,	PUNCT
ap-308	60	31	and	and	CCONJ
ap-308	60	32	macroeconomic	macroeconomic	ADJ
ap-308	60	33	conditions	condition	NOUN
ap-308	60	34	.	.	PUNCT
ap-308	61	1	these	these	DET
ap-308	61	2	issues	issue	NOUN
ap-308	61	3	,	,	PUNCT
ap-308	61	4	over	over	ADP
ap-308	61	5	which	which	PRON
ap-308	61	6	the	the	DET
ap-308	61	7	project	project	NOUN
ap-308	61	8	sponsor	sponsor	NOUN
ap-308	61	9	often	often	ADV
ap-308	61	10	has	have	VERB
ap-308	61	11	little	little	ADJ
ap-308	61	12	or	or	CCONJ
ap-308	61	13	no	no	PRON
ap-308	61	14	control	control	NOUN
ap-308	61	15	,	,	PUNCT
ap-308	61	16	are	be	AUX
ap-308	61	17	very	very	ADV
ap-308	61	18	difficult	difficult	ADJ
ap-308	61	19	to	to	PART
ap-308	61	20	predict	predict	VERB
ap-308	61	21	and	and	CCONJ
ap-308	61	22	represent	represent	VERB
ap-308	61	23	a	a	DET
ap-308	61	24	major	major	ADJ
ap-308	61	25	risk	risk	NOUN
ap-308	61	26	to	to	ADP
ap-308	61	27	financing	financing	NOUN
ap-308	61	28	.	.	PUNCT
ap-308	62	1	in	in	ADP
ap-308	62	2	particular	particular	ADJ
ap-308	62	3	,	,	PUNCT
ap-308	62	4	forecasting	forecasting	NOUN
ap-308	62	5	during	during	ADP
ap-308	62	6	early	early	ADJ
ap-308	62	7	years	year	NOUN
ap-308	62	8	can	can	AUX
ap-308	62	9	be	be	AUX
ap-308	62	10	quite	quite	ADV
ap-308	62	11	subjective	subjective	ADJ
ap-308	62	12	.	.	PUNCT
ap-308	63	1	to	to	ADP
ap-308	63	2	the	the	DET
ap-308	63	3	extent	extent	NOUN
ap-308	63	4	that	that	SCONJ
ap-308	63	5	these	these	DET
ap-308	63	6	risks	risk	NOUN
ap-308	63	7	are	be	AUX
ap-308	63	8	driven	drive	VERB
ap-308	63	9	by	by	ADP
ap-308	63	10	economic	economic	ADJ
ap-308	63	11	conditions	condition	NOUN
ap-308	63	12	,	,	PUNCT
ap-308	63	13	there	there	PRON
ap-308	63	14	is	be	VERB
ap-308	63	15	a	a	DET
ap-308	63	16	potential	potential	ADJ
ap-308	63	17	role	role	NOUN
ap-308	63	18	for	for	SCONJ
ap-308	63	19	the	the	DET
ap-308	63	20	government	government	NOUN
ap-308	63	21	to	to	PART
ap-308	63	22	play	play	VERB
ap-308	63	23	in	in	ADP
ap-308	63	24	risk	risk	NOUN
ap-308	63	25	sharing	sharing	NOUN
ap-308	63	26	,	,	PUNCT
ap-308	63	27	either	either	CCONJ
ap-308	63	28	through	through	ADP
ap-308	63	29	traffic	traffic	NOUN
ap-308	63	30	or	or	CCONJ
ap-308	63	31	revenue	revenue	NOUN
ap-308	63	32	guarantees	guarantee	NOUN
ap-308	63	33	or	or	CCONJ
ap-308	63	34	though	though	SCONJ
ap-308	63	35	other	other	ADJ
ap-308	63	36	forms	form	NOUN
ap-308	63	37	of	of	ADP
ap-308	63	38	support	support	NOUN
ap-308	63	39	.	.	PUNCT
ap-308	64	1	since	since	SCONJ
ap-308	64	2	infrastructure	infrastructure	NOUN
ap-308	64	3	construction	construction	NOUN
ap-308	64	4	often	often	ADV
ap-308	64	5	brings	bring	VERB
ap-308	64	6	major	major	ADJ
ap-308	64	7	structural	structural	ADJ
ap-308	64	8	changes	change	NOUN
ap-308	64	9	for	for	ADP
ap-308	64	10	the	the	DET
ap-308	64	11	region	region	NOUN
ap-308	64	12	(	(	PUNCT
ap-308	64	13	the	the	DET
ap-308	64	14	channel	channel	NOUN
ap-308	64	15	tunnel	tunnel	NOUN
ap-308	64	16	,	,	PUNCT
ap-308	64	17	high	high	ADJ
ap-308	64	18	-	-	PUNCT
ap-308	64	19	speed	speed	NOUN
ap-308	64	20	railways	railway	NOUN
ap-308	64	21	)	)	PUNCT
ap-308	64	22	prediction	prediction	NOUN
ap-308	64	23	of	of	ADP
ap-308	64	24	consumer	consumer	NOUN
ap-308	64	25	behavior	behavior	NOUN
ap-308	64	26	is	be	AUX
ap-308	64	27	not	not	PART
ap-308	64	28	commensurate	commensurate	ADJ
ap-308	64	29	with	with	ADP
ap-308	64	30	the	the	DET
ap-308	64	31	aggregate	aggregate	ADJ
ap-308	64	32	demand	demand	NOUN
ap-308	64	33	prognosis	prognosis	NOUN
ap-308	64	34	model	model	NOUN
ap-308	64	35	.	.	PUNCT
ap-308	65	1	the	the	DET
ap-308	65	2	issue	issue	NOUN
ap-308	65	3	is	be	AUX
ap-308	65	4	more	more	ADV
ap-308	65	5	complicated	complicated	ADJ
ap-308	65	6	in	in	ADP
ap-308	65	7	the	the	DET
ap-308	65	8	case	case	NOUN
ap-308	65	9	of	of	ADP
ap-308	65	10	cross	cross	ADJ
ap-308	65	11	-	-	ADJ
ap-308	65	12	border	border	ADJ
ap-308	65	13	flows	flow	NOUN
ap-308	65	14	,	,	PUNCT
ap-308	65	15	where	where	SCONJ
ap-308	65	16	the	the	DET
ap-308	65	17	border	border	NOUN
ap-308	65	18	effect	effect	NOUN
ap-308	65	19	can	can	AUX
ap-308	65	20	appear	appear	VERB
ap-308	65	21	.	.	PUNCT
ap-308	66	1	another	another	DET
ap-308	66	2	typical	typical	ADJ
ap-308	66	3	feature	feature	NOUN
ap-308	66	4	is	be	AUX
ap-308	66	5	over	over	ADV
ap-308	66	6	-	-	PUNCT
ap-308	66	7	optimistic	optimistic	ADJ
ap-308	66	8	forecasting	forecasting	NOUN
ap-308	66	9	in	in	ADP
ap-308	66	10	order	order	NOUN
ap-308	66	11	to	to	PART
ap-308	66	12	convince	convince	VERB
ap-308	66	13	a	a	DET
ap-308	66	14	potential	potential	ADJ
ap-308	66	15	partner	partner	NOUN
ap-308	66	16	of	of	ADP
ap-308	66	17	the	the	DET
ap-308	66	18	value	value	NOUN
ap-308	66	19	of	of	ADP
ap-308	66	20	the	the	DET
ap-308	66	21	project	project	NOUN
ap-308	66	22	or	or	CCONJ
ap-308	66	23	,	,	PUNCT
ap-308	66	24	alternatively	alternatively	ADV
ap-308	66	25	to	to	PART
ap-308	66	26	get	get	VERB
ap-308	66	27	the	the	DET
ap-308	66	28	deal	deal	NOUN
ap-308	66	29	at	at	ADP
ap-308	66	30	any	any	DET
ap-308	66	31	price	price	NOUN
ap-308	66	32	and	and	CCONJ
ap-308	66	33	renegotiate	renegotiate	VERB
ap-308	66	34	it	it	PRON
ap-308	66	35	afterwards	afterwards	ADV
ap-308	66	36	.	.	PUNCT
ap-308	67	1	toll	toll	NOUN
ap-308	67	2	roads	road	NOUN
ap-308	67	3	provide	provide	VERB
ap-308	67	4	an	an	DET
ap-308	67	5	illustration	illustration	NOUN
ap-308	67	6	.	.	PUNCT
ap-308	68	1	traffic	traffic	NOUN
ap-308	68	2	volumes	volume	NOUN
ap-308	68	3	are	be	AUX
ap-308	68	4	very	very	ADV
ap-308	68	5	sensitive	sensitive	ADJ
ap-308	68	6	to	to	ADP
ap-308	68	7	income	income	NOUN
ap-308	68	8	and	and	CCONJ
ap-308	68	9	economic	economic	ADJ
ap-308	68	10	growth	growth	NOUN
ap-308	68	11	,	,	PUNCT
ap-308	68	12	and	and	CCONJ
ap-308	68	13	the	the	DET
ap-308	68	14	failure	failure	NOUN
ap-308	68	15	to	to	PART
ap-308	68	16	recognize	recognize	VERB
ap-308	68	17	this	this	PRON
ap-308	68	18	may	may	AUX
ap-308	68	19	be	be	AUX
ap-308	68	20	one	one	NUM
ap-308	68	21	of	of	ADP
ap-308	68	22	the	the	DET
ap-308	68	23	main	main	ADJ
ap-308	68	24	reasons	reason	NOUN
ap-308	68	25	why	why	SCONJ
ap-308	68	26	so	so	ADV
ap-308	68	27	many	many	ADJ
ap-308	68	28	toll	toll	NOUN
ap-308	68	29	road	road	NOUN
ap-308	68	30	projects	project	NOUN
ap-308	68	31	have	have	AUX
ap-308	68	32	failed	fail	VERB
ap-308	68	33	.	.	PUNCT
ap-308	69	1	financial	financial	ADJ
ap-308	69	2	risks	risk	NOUN
ap-308	69	3	:	:	PUNCT
ap-308	69	4	interest	interest	NOUN
ap-308	69	5	rates	rate	NOUN
ap-308	69	6	financial	financial	ADJ
ap-308	69	7	risk	risk	NOUN
ap-308	69	8	is	be	AUX
ap-308	69	9	the	the	DET
ap-308	69	10	risk	risk	NOUN
ap-308	69	11	that	that	PRON
ap-308	69	12	project	project	NOUN
ap-308	69	13	cash	cash	NOUN
ap-308	69	14	flows	flow	NOUN
ap-308	69	15	may	may	AUX
ap-308	69	16	be	be	AUX
ap-308	69	17	insufficient	insufficient	ADJ
ap-308	69	18	to	to	PART
ap-308	69	19	cover	cover	VERB
ap-308	69	20	debt	debt	NOUN
ap-308	69	21	servicing	servicing	NOUN
ap-308	69	22	and	and	CCONJ
ap-308	69	23	then	then	ADV
ap-308	69	24	to	to	PART
ap-308	69	25	pay	pay	VERB
ap-308	69	26	an	an	DET
ap-308	69	27	adequate	adequate	ADJ
ap-308	69	28	return	return	NOUN
ap-308	69	29	on	on	ADP
ap-308	69	30	sponsor	sponsor	NOUN
ap-308	69	31	equity	equity	NOUN
ap-308	69	32	.	.	PUNCT
ap-308	70	1	financing	financing	NOUN
ap-308	70	2	constraints	constraint	NOUN
ap-308	70	3	,	,	PUNCT
ap-308	70	4	especially	especially	ADV
ap-308	70	5	the	the	DET
ap-308	70	6	lack	lack	NOUN
ap-308	70	7	of	of	ADP
ap-308	70	8	long	long	ADJ
ap-308	70	9	-	-	PUNCT
ap-308	70	10	term	term	NOUN
ap-308	70	11	debt	debt	NOUN
ap-308	70	12	capital	capital	NOUN
ap-308	70	13	,	,	PUNCT
ap-308	70	14	are	be	AUX
ap-308	70	15	a	a	DET
ap-308	70	16	significant	significant	ADJ
ap-308	70	17	hindrance	hindrance	NOUN
ap-308	70	18	to	to	ADP
ap-308	70	19	toll	toll	NOUN
ap-308	70	20	road	road	NOUN
ap-308	70	21	development	development	NOUN
ap-308	70	22	.	.	PUNCT
ap-308	71	1	only	only	ADV
ap-308	71	2	a	a	DET
ap-308	71	3	few	few	ADJ
ap-308	71	4	projects	project	NOUN
ap-308	71	5	are	be	AUX
ap-308	71	6	able	able	ADJ
ap-308	71	7	to	to	PART
ap-308	71	8	generate	generate	VERB
ap-308	71	9	returns	return	NOUN
ap-308	71	10	on	on	ADP
ap-308	71	11	investment	investment	NOUN
ap-308	71	12	sufficient	sufficient	ADJ
ap-308	71	13	to	to	PART
ap-308	71	14	attract	attract	VERB
ap-308	71	15	private	private	ADJ
ap-308	71	16	capital	capital	NOUN
ap-308	71	17	.	.	PUNCT
ap-308	72	1	this	this	PRON
ap-308	72	2	suggests	suggest	VERB
ap-308	72	3	that	that	SCONJ
ap-308	72	4	only	only	ADV
ap-308	72	5	a	a	DET
ap-308	72	6	limited	limited	ADJ
ap-308	72	7	number	number	NOUN
ap-308	72	8	of	of	ADP
ap-308	72	9	projects	project	NOUN
ap-308	72	10	will	will	AUX
ap-308	72	11	be	be	AUX
ap-308	72	12	executed	execute	VERB
ap-308	72	13	without	without	ADP
ap-308	72	14	massive	massive	ADJ
ap-308	72	15	state	state	NOUN
ap-308	72	16	support	support	NOUN
ap-308	72	17	.	.	PUNCT
ap-308	73	1	since	since	SCONJ
ap-308	73	2	in	in	ADP
ap-308	73	3	infrastructure	infrastructure	NOUN
ap-308	73	4	we	we	PRON
ap-308	73	5	are	be	AUX
ap-308	73	6	concerned	concerned	ADJ
ap-308	73	7	with	with	ADP
ap-308	73	8	long	long	ADJ
ap-308	73	9	-	-	PUNCT
ap-308	73	10	term	term	NOUN
ap-308	73	11	investments	investment	NOUN
ap-308	73	12	with	with	ADP
ap-308	73	13	high	high	ADJ
ap-308	73	14	start	start	VERB
ap-308	73	15	-	-	PUNCT
ap-308	73	16	up	up	ADP
ap-308	73	17	costs	cost	NOUN
ap-308	73	18	,	,	PUNCT
ap-308	73	19	countries	country	NOUN
ap-308	73	20	with	with	ADP
ap-308	73	21	local	local	ADJ
ap-308	73	22	capital	capital	NOUN
ap-308	73	23	markets	market	NOUN
ap-308	73	24	capable	capable	ADJ
ap-308	73	25	of	of	ADP
ap-308	73	26	providing	provide	VERB
ap-308	73	27	long	long	ADJ
ap-308	73	28	-	-	PUNCT
ap-308	73	29	term	term	NOUN
ap-308	73	30	capital	capital	NOUN
ap-308	73	31	have	have	VERB
ap-308	73	32	an	an	DET
ap-308	73	33	advantage	advantage	NOUN
ap-308	73	34	.	.	PUNCT
ap-308	74	1	of	of	ADP
ap-308	74	2	particular	particular	ADJ
ap-308	74	3	importance	importance	NOUN
ap-308	74	4	is	be	AUX
ap-308	74	5	the	the	DET
ap-308	74	6	availability	availability	NOUN
ap-308	74	7	of	of	ADP
ap-308	74	8	mature	mature	ADJ
ap-308	74	9	domestic	domestic	ADJ
ap-308	74	10	finance	finance	NOUN
ap-308	74	11	.	.	PUNCT
ap-308	75	1	in	in	ADP
ap-308	75	2	many	many	ADJ
ap-308	75	3	countries	country	NOUN
ap-308	75	4	infrastructure	infrastructure	NOUN
ap-308	75	5	projects	project	NOUN
ap-308	75	6	have	have	AUX
ap-308	75	7	been	be	AUX
ap-308	75	8	unable	unable	ADJ
ap-308	75	9	to	to	PART
ap-308	75	10	obtain	obtain	VERB
ap-308	75	11	finance	finance	NOUN
ap-308	75	12	for	for	ADP
ap-308	75	13	more	more	ADJ
ap-308	75	14	than	than	ADP
ap-308	75	15	5	5	NUM
ap-308	75	16	to	to	PART
ap-308	75	17	6	6	NUM
ap-308	75	18	years	year	NOUN
ap-308	75	19	,	,	PUNCT
ap-308	75	20	bringing	bring	VERB
ap-308	75	21	other	other	ADJ
ap-308	75	22	risks	risk	NOUN
ap-308	75	23	of	of	ADP
ap-308	75	24	renegotiations	renegotiation	NOUN
ap-308	75	25	and	and	CCONJ
ap-308	75	26	refinancing	refinance	VERB
ap-308	75	27	.	.	PUNCT
ap-308	76	1	such	such	ADJ
ap-308	76	2	projects	project	NOUN
ap-308	76	3	are	be	AUX
ap-308	76	4	not	not	PART
ap-308	76	5	viable	viable	ADJ
ap-308	76	6	without	without	ADP
ap-308	76	7	government	government	NOUN
ap-308	76	8	guarantees	guarantee	NOUN
ap-308	76	9	.	.	PUNCT
ap-308	77	1	in	in	ADP
ap-308	77	2	theory	theory	NOUN
ap-308	77	3	,	,	PUNCT
ap-308	77	4	financial	financial	ADJ
ap-308	77	5	risk	risk	NOUN
ap-308	77	6	is	be	AUX
ap-308	77	7	best	well	ADV
ap-308	77	8	borne	bear	VERB
ap-308	77	9	by	by	ADP
ap-308	77	10	the	the	DET
ap-308	77	11	private	private	ADJ
ap-308	77	12	sector	sector	NOUN
ap-308	77	13	.	.	PUNCT
ap-308	78	1	however	however	ADV
ap-308	78	2	in	in	ADP
ap-308	78	3	transport	transport	NOUN
ap-308	78	4	projects	project	NOUN
ap-308	78	5	this	this	DET
ap-308	78	6	risk	risk	NOUN
ap-308	78	7	is	be	AUX
ap-308	78	8	likely	likely	ADJ
ap-308	78	9	to	to	PART
ap-308	78	10	be	be	AUX
ap-308	78	11	shared	share	VERB
ap-308	78	12	by	by	ADP
ap-308	78	13	the	the	DET
ap-308	78	14	public	public	ADJ
ap-308	78	15	sector	sector	NOUN
ap-308	78	16	,	,	PUNCT
ap-308	78	17	either	either	CCONJ
ap-308	78	18	in	in	ADP
ap-308	78	19	the	the	DET
ap-308	78	20	form	form	NOUN
ap-308	78	21	of	of	ADP
ap-308	78	22	debt	debt	NOUN
ap-308	78	23	or	or	CCONJ
ap-308	78	24	revenue	revenue	NOUN
ap-308	78	25	guarantees	guarantee	NOUN
ap-308	78	26	,	,	PUNCT
ap-308	78	27	or	or	CCONJ
ap-308	78	28	by	by	ADP
ap-308	78	29	participation	participation	NOUN
ap-308	78	30	of	of	ADP
ap-308	78	31	the	the	DET
ap-308	78	32	state	state	NOUN
ap-308	78	33	or	or	CCONJ
ap-308	78	34	of	of	ADP
ap-308	78	35	an	an	DET
ap-308	78	36	international	international	ADJ
ap-308	78	37	financial	financial	ADJ
ap-308	78	38	institution	institution	NOUN
ap-308	78	39	.	.	PUNCT
ap-308	79	1	this	this	PRON
ap-308	79	2	can	can	AUX
ap-308	79	3	also	also	ADV
ap-308	79	4	take	take	VERB
ap-308	79	5	a	a	DET
ap-308	79	6	form	form	NOUN
ap-308	79	7	of	of	ADP
ap-308	79	8	a	a	DET
ap-308	79	9	direct	direct	ADJ
ap-308	79	10	subsidy	subsidy	NOUN
ap-308	79	11	,	,	PUNCT
ap-308	79	12	grant	grant	NOUN
ap-308	79	13	or	or	CCONJ
ap-308	79	14	financial	financial	ADJ
ap-308	79	15	contribution	contribution	NOUN
ap-308	79	16	,	,	PUNCT
ap-308	79	17	which	which	PRON
ap-308	79	18	will	will	AUX
ap-308	79	19	serve	serve	VERB
ap-308	79	20	to	to	PART
ap-308	79	21	improve	improve	VERB
ap-308	79	22	the	the	DET
ap-308	79	23	rate	rate	NOUN
ap-308	79	24	of	of	ADP
ap-308	79	25	return	return	NOUN
ap-308	79	26	for	for	ADP
ap-308	79	27	the	the	DET
ap-308	79	28	private	private	ADJ
ap-308	79	29	sector	sector	NOUN
ap-308	79	30	.	.	PUNCT
ap-308	80	1	currency	currency	NOUN
ap-308	80	2	risk	risk	NOUN
ap-308	80	3	currency	currency	NOUN
ap-308	80	4	risk	risk	NOUN
ap-308	80	5	relates	relate	VERB
ap-308	80	6	to	to	ADP
ap-308	80	7	the	the	DET
ap-308	80	8	impact	impact	NOUN
ap-308	80	9	of	of	ADP
ap-308	80	10	the	the	DET
ap-308	80	11	local	local	ADJ
ap-308	80	12	currency	currency	NOUN
ap-308	80	13	exchange	exchange	NOUN
ap-308	80	14	rate	rate	NOUN
ap-308	80	15	on	on	ADP
ap-308	80	16	the	the	DET
ap-308	80	17	value	value	NOUN
ap-308	80	18	of	of	ADP
ap-308	80	19	the	the	DET
ap-308	80	20	investment	investment	NOUN
ap-308	80	21	.	.	PUNCT
ap-308	81	1	moreover	moreover	ADV
ap-308	81	2	there	there	PRON
ap-308	81	3	is	be	VERB
ap-308	81	4	a	a	DET
ap-308	81	5	question	question	NOUN
ap-308	81	6	of	of	ADP
ap-308	81	7	the	the	DET
ap-308	81	8	convertibility	convertibility	NOUN
ap-308	81	9	of	of	ADP
ap-308	81	10	the	the	DET
ap-308	81	11	local	local	ADJ
ap-308	81	12	currencies	currency	NOUN
ap-308	81	13	.	.	PUNCT
ap-308	82	1	this	this	PRON
ap-308	82	2	is	be	AUX
ap-308	82	3	a	a	DET
ap-308	82	4	major	major	ADJ
ap-308	82	5	risk	risk	NOUN
ap-308	82	6	in	in	ADP
ap-308	82	7	countries	country	NOUN
ap-308	82	8	where	where	SCONJ
ap-308	82	9	,	,	PUNCT
ap-308	82	10	for	for	ADP
ap-308	82	11	example	example	NOUN
ap-308	82	12	,	,	PUNCT
ap-308	82	13	the	the	DET
ap-308	82	14	tolls	toll	NOUN
ap-308	82	15	are	be	AUX
ap-308	82	16	collected	collect	VERB
ap-308	82	17	in	in	ADP
ap-308	82	18	a	a	DET
ap-308	82	19	weak	weak	ADJ
ap-308	82	20	local	local	ADJ
ap-308	82	21	currency	currency	NOUN
ap-308	82	22	.	.	PUNCT
ap-308	83	1	force	force	NOUN
ap-308	83	2	majeure	majeure	NOUN
ap-308	83	3	risk	risk	NOUN
ap-308	83	4	neither	neither	CCONJ
ap-308	83	5	they	they	PRON
ap-308	83	6	public	public	ADJ
ap-308	83	7	sector	sector	NOUN
ap-308	83	8	nor	nor	CCONJ
ap-308	83	9	the	the	DET
ap-308	83	10	private	private	ADJ
ap-308	83	11	sector	sector	NOUN
ap-308	83	12	can	can	AUX
ap-308	83	13	influence	influence	VERB
ap-308	83	14	or	or	CCONJ
ap-308	83	15	control	control	VERB
ap-308	83	16	some	some	DET
ap-308	83	17	risks	risk	NOUN
ap-308	83	18	like	like	ADP
ap-308	83	19	earthquakes	earthquake	NOUN
ap-308	83	20	and	and	CCONJ
ap-308	83	21	floods	flood	NOUN
ap-308	83	22	,	,	PUNCT
ap-308	83	23	which	which	PRON
ap-308	83	24	impair	impair	VERB
ap-308	83	25	the	the	DET
ap-308	83	26	ability	ability	NOUN
ap-308	83	27	of	of	ADP
ap-308	83	28	the	the	DET
ap-308	83	29	project	project	NOUN
ap-308	83	30	to	to	PART
ap-308	83	31	earn	earn	VERB
ap-308	83	32	revenues	revenue	NOUN
ap-308	83	33	.	.	PUNCT
ap-308	84	1	for	for	ADP
ap-308	84	2	the	the	DET
ap-308	84	3	private	private	ADJ
ap-308	84	4	sector	sector	NOUN
ap-308	84	5	there	there	PRON
ap-308	84	6	is	be	VERB
ap-308	84	7	some	some	DET
ap-308	84	8	insurance	insurance	NOUN
ap-308	84	9	available	available	ADJ
ap-308	84	10	,	,	PUNCT
ap-308	84	11	but	but	CCONJ
ap-308	84	12	the	the	DET
ap-308	84	13	public	public	ADJ
ap-308	84	14	sector	sector	NOUN
ap-308	84	15	generally	generally	ADV
ap-308	84	16	has	have	VERB
ap-308	84	17	to	to	PART
ap-308	84	18	bear	bear	VERB
ap-308	84	19	this	this	DET
ap-308	84	20	risk	risk	NOUN
ap-308	84	21	and	and	CCONJ
ap-308	84	22	redesign	redesign	VERB
ap-308	84	23	the	the	DET
ap-308	84	24	project	project	NOUN
ap-308	84	25	as	as	SCONJ
ap-308	84	26	need	need	NOUN
ap-308	84	27	be	be	AUX
ap-308	84	28	.	.	PUNCT
ap-308	85	1	the	the	DET
ap-308	85	2	rule	rule	NOUN
ap-308	85	3	is	be	AUX
ap-308	85	4	that	that	SCONJ
ap-308	85	5	the	the	DET
ap-308	85	6	remedies	remedy	NOUN
ap-308	85	7	in	in	ADP
ap-308	85	8	these	these	DET
ap-308	85	9	cases	case	NOUN
ap-308	85	10	should	should	AUX
ap-308	85	11	be	be	AUX
ap-308	85	12	essential	essential	ADJ
ap-308	85	13	part	part	NOUN
ap-308	85	14	of	of	ADP
ap-308	85	15	the	the	DET
ap-308	85	16	contract	contract	NOUN
ap-308	85	17	.	.	PUNCT
ap-308	86	1	34	34	NUM
ap-308	87	1	©	©	PROPN
ap-308	87	2	czech	czech	PROPN
ap-308	87	3	technical	technical	PROPN
ap-308	87	4	university	university	PROPN
ap-308	87	5	publishing	publishing	NOUN
ap-308	87	6	house	house	NOUN
ap-308	87	7	http://ctn.cvut.cz/ap/	http://ctn.cvut.cz/ap/	PROPN
ap-308	87	8	acta	acta	PROPN
ap-308	87	9	polytechnica	polytechnica	PROPN
ap-308	87	10	vol	vol	NOUN
ap-308	87	11	.	.	PUNCT
ap-308	88	1	42	42	NUM
ap-308	88	2	no	no	NOUN
ap-308	88	3	.	.	PUNCT
ap-308	89	1	1/2002	1/2002	NUM
ap-308	89	2	regulatory	regulatory	ADJ
ap-308	89	3	and	and	CCONJ
ap-308	89	4	legal	legal	ADJ
ap-308	89	5	risks	risk	NOUN
ap-308	89	6	the	the	DET
ap-308	89	7	issues	issue	NOUN
ap-308	89	8	of	of	ADP
ap-308	89	9	regulation	regulation	NOUN
ap-308	89	10	and	and	CCONJ
ap-308	89	11	subordination	subordination	NOUN
ap-308	89	12	to	to	ADP
ap-308	89	13	the	the	DET
ap-308	89	14	regulatory	regulatory	ADJ
ap-308	89	15	authority	authority	NOUN
ap-308	89	16	should	should	AUX
ap-308	89	17	be	be	AUX
ap-308	89	18	dealt	deal	VERB
ap-308	89	19	with	with	ADP
ap-308	89	20	in	in	ADP
ap-308	89	21	the	the	DET
ap-308	89	22	contract	contract	NOUN
ap-308	89	23	.	.	PUNCT
ap-308	90	1	this	this	PRON
ap-308	90	2	should	should	AUX
ap-308	90	3	apply	apply	VERB
ap-308	90	4	to	to	ADP
ap-308	90	5	the	the	DET
ap-308	90	6	extent	extent	NOUN
ap-308	90	7	of	of	ADP
ap-308	90	8	the	the	DET
ap-308	90	9	authority	authority	NOUN
ap-308	90	10	’s	’s	PART
ap-308	90	11	power	power	NOUN
ap-308	90	12	and	and	CCONJ
ap-308	90	13	its	its	PRON
ap-308	90	14	responsibility	responsibility	NOUN
ap-308	90	15	concerning	concern	VERB
ap-308	90	16	the	the	DET
ap-308	90	17	fees	fee	NOUN
ap-308	90	18	charged	charge	VERB
ap-308	90	19	,	,	PUNCT
ap-308	90	20	public	public	ADJ
ap-308	90	21	commitments	commitment	NOUN
ap-308	90	22	and	and	CCONJ
ap-308	90	23	an	an	DET
ap-308	90	24	environment	environment	NOUN
ap-308	90	25	of	of	ADP
ap-308	90	26	equal	equal	ADJ
ap-308	90	27	competition	competition	NOUN
ap-308	90	28	.	.	PUNCT
ap-308	91	1	this	this	DET
ap-308	91	2	matter	matter	NOUN
ap-308	91	3	can	can	AUX
ap-308	91	4	affect	affect	VERB
ap-308	91	5	the	the	DET
ap-308	91	6	value	value	NOUN
ap-308	91	7	of	of	ADP
ap-308	91	8	the	the	DET
ap-308	91	9	business	business	NOUN
ap-308	91	10	,	,	PUNCT
ap-308	91	11	which	which	PRON
ap-308	91	12	can	can	AUX
ap-308	91	13	be	be	AUX
ap-308	91	14	sensitive	sensitive	ADJ
ap-308	91	15	to	to	ADP
ap-308	91	16	the	the	DET
ap-308	91	17	revenue	revenue	NOUN
ap-308	91	18	earned	earn	VERB
ap-308	91	19	.	.	PUNCT
ap-308	92	1	therefore	therefore	ADV
ap-308	92	2	clear	clear	ADJ
ap-308	92	3	rules	rule	NOUN
ap-308	92	4	should	should	AUX
ap-308	92	5	be	be	AUX
ap-308	92	6	set	set	VERB
ap-308	92	7	and	and	CCONJ
ap-308	92	8	the	the	DET
ap-308	92	9	way	way	NOUN
ap-308	92	10	in	in	ADP
ap-308	92	11	which	which	PRON
ap-308	92	12	the	the	DET
ap-308	92	13	regulatory	regulatory	ADJ
ap-308	92	14	authority	authority	NOUN
ap-308	92	15	exercises	exercise	VERB
ap-308	92	16	them	they	PRON
ap-308	92	17	should	should	AUX
ap-308	92	18	be	be	AUX
ap-308	92	19	verifiably	verifiably	ADV
ap-308	92	20	independent	independent	ADJ
ap-308	92	21	.	.	PUNCT
ap-308	93	1	but	but	CCONJ
ap-308	93	2	even	even	ADV
ap-308	93	3	if	if	SCONJ
ap-308	93	4	regulatory	regulatory	ADJ
ap-308	93	5	rules	rule	NOUN
ap-308	93	6	are	be	AUX
ap-308	93	7	clear	clear	ADJ
ap-308	93	8	enough	enough	ADV
ap-308	93	9	,	,	PUNCT
ap-308	93	10	they	they	PRON
ap-308	93	11	are	be	AUX
ap-308	93	12	only	only	ADV
ap-308	93	13	as	as	ADV
ap-308	93	14	effective	effective	ADJ
ap-308	93	15	as	as	SCONJ
ap-308	93	16	the	the	DET
ap-308	93	17	regulators	regulator	NOUN
ap-308	93	18	can	can	AUX
ap-308	93	19	be	be	AUX
ap-308	93	20	.	.	PUNCT
ap-308	94	1	the	the	DET
ap-308	94	2	best	well	ADV
ap-308	94	3	-	-	PUNCT
ap-308	94	4	designed	design	VERB
ap-308	94	5	regulatory	regulatory	ADJ
ap-308	94	6	environment	environment	NOUN
ap-308	94	7	is	be	AUX
ap-308	94	8	useless	useless	ADJ
ap-308	94	9	if	if	SCONJ
ap-308	94	10	the	the	DET
ap-308	94	11	regulator	regulator	NOUN
ap-308	94	12	is	be	AUX
ap-308	94	13	not	not	PART
ap-308	94	14	independent	independent	ADJ
ap-308	94	15	or	or	CCONJ
ap-308	94	16	fair	fair	ADJ
ap-308	94	17	.	.	PUNCT
ap-308	95	1	the	the	DET
ap-308	95	2	pressures	pressure	NOUN
ap-308	95	3	on	on	ADP
ap-308	95	4	regulators	regulator	NOUN
ap-308	95	5	can	can	AUX
ap-308	95	6	be	be	AUX
ap-308	95	7	a	a	DET
ap-308	95	8	major	major	ADJ
ap-308	95	9	source	source	NOUN
ap-308	95	10	of	of	ADP
ap-308	95	11	concern	concern	NOUN
ap-308	95	12	.	.	PUNCT
ap-308	96	1	project	project	NOUN
ap-308	96	2	finance	finance	NOUN
ap-308	96	3	structures	structure	NOUN
ap-308	96	4	typically	typically	ADV
ap-308	96	5	cover	cover	VERB
ap-308	96	6	periods	period	NOUN
ap-308	96	7	of	of	ADP
ap-308	96	8	ten	ten	NUM
ap-308	96	9	years	year	NOUN
ap-308	96	10	or	or	CCONJ
ap-308	96	11	more	more	ADJ
ap-308	96	12	.	.	PUNCT
ap-308	97	1	the	the	DET
ap-308	97	2	relevant	relevant	ADJ
ap-308	97	3	legal	legal	ADJ
ap-308	97	4	and	and	CCONJ
ap-308	97	5	regulatory	regulatory	ADJ
ap-308	97	6	environment	environment	NOUN
ap-308	97	7	is	be	AUX
ap-308	97	8	likely	likely	ADJ
ap-308	97	9	to	to	PART
ap-308	97	10	change	change	VERB
ap-308	97	11	substantially	substantially	ADV
ap-308	97	12	over	over	ADP
ap-308	97	13	that	that	DET
ap-308	97	14	period	period	NOUN
ap-308	97	15	.	.	PUNCT
ap-308	98	1	the	the	DET
ap-308	98	2	rules	rule	NOUN
ap-308	98	3	dealing	deal	VERB
ap-308	98	4	with	with	ADP
ap-308	98	5	the	the	DET
ap-308	98	6	financial	financial	ADJ
ap-308	98	7	consequences	consequence	NOUN
ap-308	98	8	of	of	ADP
ap-308	98	9	these	these	DET
ap-308	98	10	changes	change	NOUN
ap-308	98	11	between	between	ADP
ap-308	98	12	government	government	NOUN
ap-308	98	13	,	,	PUNCT
ap-308	98	14	users	user	NOUN
ap-308	98	15	and	and	CCONJ
ap-308	98	16	operators	operator	NOUN
ap-308	98	17	are	be	AUX
ap-308	98	18	critical	critical	ADJ
ap-308	98	19	,	,	PUNCT
ap-308	98	20	but	but	CCONJ
ap-308	98	21	are	be	AUX
ap-308	98	22	often	often	ADV
ap-308	98	23	ignored	ignore	VERB
ap-308	98	24	.	.	PUNCT
ap-308	99	1	the	the	DET
ap-308	99	2	rules	rule	NOUN
ap-308	99	3	must	must	AUX
ap-308	99	4	cover	cover	VERB
ap-308	99	5	the	the	DET
ap-308	99	6	possibility	possibility	NOUN
ap-308	99	7	of	of	ADP
ap-308	99	8	adjusting	adjust	VERB
ap-308	99	9	the	the	DET
ap-308	99	10	contract	contract	NOUN
ap-308	99	11	terms	term	NOUN
ap-308	99	12	during	during	ADP
ap-308	99	13	the	the	DET
ap-308	99	14	project	project	NOUN
ap-308	99	15	-	-	PUNCT
ap-308	99	16	financing	financing	NOUN
ap-308	99	17	period	period	NOUN
ap-308	99	18	.	.	PUNCT
ap-308	100	1	political	political	ADJ
ap-308	100	2	risks	risk	NOUN
ap-308	100	3	political	political	ADJ
ap-308	100	4	risks	risk	NOUN
ap-308	100	5	concern	concern	NOUN
ap-308	100	6	government	government	NOUN
ap-308	100	7	activities	activity	NOUN
ap-308	100	8	that	that	PRON
ap-308	100	9	could	could	AUX
ap-308	100	10	affect	affect	VERB
ap-308	100	11	the	the	DET
ap-308	100	12	ability	ability	NOUN
ap-308	100	13	to	to	PART
ap-308	100	14	generate	generate	VERB
ap-308	100	15	revenues	revenue	NOUN
ap-308	100	16	.	.	PUNCT
ap-308	101	1	these	these	PRON
ap-308	101	2	could	could	AUX
ap-308	101	3	include	include	VERB
ap-308	101	4	termination	termination	NOUN
ap-308	101	5	of	of	ADP
ap-308	101	6	concessions	concession	NOUN
ap-308	101	7	,	,	PUNCT
ap-308	101	8	additional	additional	ADJ
ap-308	101	9	taxation	taxation	NOUN
ap-308	101	10	and	and	CCONJ
ap-308	101	11	regulation	regulation	NOUN
ap-308	101	12	,	,	PUNCT
ap-308	101	13	which	which	PRON
ap-308	101	14	then	then	ADV
ap-308	101	15	impair	impair	VERB
ap-308	101	16	the	the	DET
ap-308	101	17	value	value	NOUN
ap-308	101	18	of	of	ADP
ap-308	101	19	the	the	DET
ap-308	101	20	project	project	NOUN
ap-308	101	21	for	for	ADP
ap-308	101	22	the	the	DET
ap-308	101	23	investors	investor	NOUN
ap-308	101	24	,	,	PUNCT
ap-308	101	25	or	or	CCONJ
ap-308	101	26	even	even	ADV
ap-308	101	27	the	the	DET
ap-308	101	28	nationalization	nationalization	NOUN
ap-308	101	29	of	of	ADP
ap-308	101	30	private	private	ADJ
ap-308	101	31	property	property	NOUN
ap-308	101	32	.	.	PUNCT
ap-308	102	1	ideally	ideally	ADV
ap-308	102	2	the	the	DET
ap-308	102	3	government	government	NOUN
ap-308	102	4	guarantees	guarantee	VERB
ap-308	102	5	concerning	concern	VERB
ap-308	102	6	these	these	DET
ap-308	102	7	risks	risk	NOUN
ap-308	102	8	,	,	PUNCT
ap-308	102	9	and	and	CCONJ
ap-308	102	10	the	the	DET
ap-308	102	11	method	method	NOUN
ap-308	102	12	of	of	ADP
ap-308	102	13	compensation	compensation	NOUN
ap-308	102	14	for	for	ADP
ap-308	102	15	lost	lose	VERB
ap-308	102	16	profit	profit	NOUN
ap-308	102	17	,	,	PUNCT
ap-308	102	18	should	should	AUX
ap-308	102	19	form	form	VERB
ap-308	102	20	part	part	NOUN
ap-308	102	21	of	of	ADP
ap-308	102	22	the	the	DET
ap-308	102	23	contract	contract	NOUN
ap-308	102	24	.	.	PUNCT
ap-308	103	1	in	in	ADP
ap-308	103	2	some	some	DET
ap-308	103	3	cases	case	NOUN
ap-308	103	4	insurance	insurance	NOUN
ap-308	103	5	provided	provide	VERB
ap-308	103	6	by	by	ADP
ap-308	103	7	an	an	DET
ap-308	103	8	international	international	ADJ
ap-308	103	9	financial	financial	ADJ
ap-308	103	10	institution	institution	NOUN
ap-308	103	11	should	should	AUX
ap-308	103	12	be	be	AUX
ap-308	103	13	a	a	DET
ap-308	103	14	requisite	requisite	NOUN
ap-308	103	15	.	.	PUNCT
ap-308	104	1	3	3	NUM
ap-308	104	2	risk	risk	NOUN
ap-308	104	3	analysis	analysis	NOUN
ap-308	104	4	risk	risk	NOUN
ap-308	104	5	analysis	analysis	NOUN
ap-308	104	6	is	be	AUX
ap-308	104	7	involves	involve	VERB
ap-308	104	8	quantifying	quantify	VERB
ap-308	104	9	the	the	DET
ap-308	104	10	risk	risk	NOUN
ap-308	104	11	of	of	ADP
ap-308	104	12	each	each	DET
ap-308	104	13	variant	variant	NOUN
ap-308	104	14	examined	examine	VERB
ap-308	104	15	followed	follow	VERB
ap-308	104	16	by	by	ADP
ap-308	104	17	proposal	proposal	NOUN
ap-308	104	18	and	and	CCONJ
ap-308	104	19	design	design	NOUN
ap-308	104	20	of	of	ADP
ap-308	104	21	corrective	corrective	ADJ
ap-308	104	22	measures	measure	NOUN
ap-308	104	23	that	that	PRON
ap-308	104	24	will	will	AUX
ap-308	104	25	strengthen	strengthen	VERB
ap-308	104	26	the	the	DET
ap-308	104	27	probability	probability	NOUN
ap-308	104	28	of	of	ADP
ap-308	104	29	the	the	DET
ap-308	104	30	project	project	NOUN
ap-308	104	31	’s	’s	PART
ap-308	104	32	success	success	NOUN
ap-308	104	33	.	.	PUNCT
ap-308	105	1	risk	risk	NOUN
ap-308	105	2	analysis	analysis	NOUN
ap-308	105	3	can	can	AUX
ap-308	105	4	be	be	AUX
ap-308	105	5	divided	divide	VERB
ap-308	105	6	into	into	ADP
ap-308	105	7	the	the	DET
ap-308	105	8	following	follow	VERB
ap-308	105	9	phases	phase	NOUN
ap-308	105	10	:	:	PUNCT
ap-308	105	11	�	�	NOUN
ap-308	105	12	identification	identification	NOUN
ap-308	105	13	of	of	ADP
ap-308	105	14	the	the	DET
ap-308	105	15	factors	factor	NOUN
ap-308	105	16	that	that	PRON
ap-308	105	17	influence	influence	VERB
ap-308	105	18	the	the	DET
ap-308	105	19	decision	decision	NOUN
ap-308	105	20	criteria	criterion	NOUN
ap-308	105	21	�	�	PROPN
ap-308	105	22	determination	determination	NOUN
ap-308	105	23	of	of	ADP
ap-308	105	24	the	the	DET
ap-308	105	25	functionality	functionality	NOUN
ap-308	105	26	of	of	ADP
ap-308	105	27	the	the	DET
ap-308	105	28	decision	decision	NOUN
ap-308	105	29	criterion	criterion	NOUN
ap-308	105	30	on	on	ADP
ap-308	105	31	the	the	DET
ap-308	105	32	factors	factor	NOUN
ap-308	105	33	�	�	PROPN
ap-308	105	34	determination	determination	NOUN
ap-308	105	35	of	of	ADP
ap-308	105	36	the	the	DET
ap-308	105	37	probability	probability	NOUN
ap-308	105	38	density	density	NOUN
ap-308	105	39	function	function	NOUN
ap-308	105	40	of	of	ADP
ap-308	105	41	the	the	DET
ap-308	105	42	risk	risk	NOUN
ap-308	105	43	factors	factor	VERB
ap-308	105	44	�	�	PROPN
ap-308	105	45	construction	construction	NOUN
ap-308	105	46	of	of	ADP
ap-308	105	47	the	the	DET
ap-308	105	48	probability	probability	NOUN
ap-308	105	49	density	density	NOUN
ap-308	105	50	function	function	NOUN
ap-308	105	51	of	of	ADP
ap-308	105	52	the	the	DET
ap-308	105	53	decision	decision	NOUN
ap-308	105	54	criteria	criterion	NOUN
ap-308	105	55	considered	consider	VERB
ap-308	105	56	�	�	PROPN
ap-308	105	57	evaluation	evaluation	NOUN
ap-308	105	58	of	of	ADP
ap-308	105	59	the	the	DET
ap-308	105	60	risks	risk	NOUN
ap-308	105	61	of	of	ADP
ap-308	105	62	the	the	DET
ap-308	105	63	project	project	NOUN
ap-308	105	64	.	.	PUNCT
ap-308	106	1	in	in	ADP
ap-308	106	2	order	order	NOUN
ap-308	106	3	to	to	PART
ap-308	106	4	perform	perform	VERB
ap-308	106	5	risk	risk	NOUN
ap-308	106	6	analysis	analysis	NOUN
ap-308	106	7	we	we	PRON
ap-308	106	8	have	have	VERB
ap-308	106	9	to	to	PART
ap-308	106	10	know	know	VERB
ap-308	106	11	the	the	DET
ap-308	106	12	decision	decision	NOUN
ap-308	106	13	criteria	criterion	NOUN
ap-308	106	14	.	.	PUNCT
ap-308	107	1	if	if	SCONJ
ap-308	107	2	there	there	PRON
ap-308	107	3	is	be	VERB
ap-308	107	4	more	more	ADJ
ap-308	107	5	than	than	ADP
ap-308	107	6	a	a	DET
ap-308	107	7	single	single	ADJ
ap-308	107	8	decision	decision	NOUN
ap-308	107	9	criterion	criterion	NOUN
ap-308	107	10	,	,	PUNCT
ap-308	107	11	the	the	DET
ap-308	107	12	analysis	analysis	NOUN
ap-308	107	13	solves	solve	VERB
ap-308	107	14	the	the	DET
ap-308	107	15	comprehensive	comprehensive	ADJ
ap-308	107	16	problem	problem	NOUN
ap-308	107	17	of	of	ADP
ap-308	107	18	how	how	SCONJ
ap-308	107	19	to	to	PART
ap-308	107	20	express	express	VERB
ap-308	107	21	the	the	DET
ap-308	107	22	total	total	ADJ
ap-308	107	23	risk	risk	NOUN
ap-308	107	24	taking	take	VERB
ap-308	107	25	into	into	ADP
ap-308	107	26	consideration	consideration	NOUN
ap-308	107	27	all	all	DET
ap-308	107	28	evaluation	evaluation	NOUN
ap-308	107	29	criteria	criterion	NOUN
ap-308	107	30	.	.	PUNCT
ap-308	108	1	the	the	DET
ap-308	108	2	most	most	ADV
ap-308	108	3	common	common	ADJ
ap-308	108	4	investment	investment	NOUN
ap-308	108	5	decision	decision	NOUN
ap-308	108	6	is	be	AUX
ap-308	108	7	risk	risk	NOUN
ap-308	108	8	analysis	analysis	NOUN
ap-308	108	9	taking	take	VERB
ap-308	108	10	into	into	ADP
ap-308	108	11	consideration	consideration	NOUN
ap-308	108	12	only	only	ADV
ap-308	108	13	one	one	NUM
ap-308	108	14	decision	decision	NOUN
ap-308	108	15	criterion	criterion	NOUN
ap-308	108	16	–	–	PUNCT
ap-308	108	17	the	the	DET
ap-308	108	18	economic	economic	ADJ
ap-308	108	19	evaluation	evaluation	NOUN
ap-308	108	20	of	of	ADP
ap-308	108	21	the	the	DET
ap-308	108	22	efficiency	efficiency	NOUN
ap-308	108	23	of	of	ADP
ap-308	108	24	the	the	DET
ap-308	108	25	investment	investment	NOUN
ap-308	108	26	.	.	PUNCT
ap-308	109	1	financial	financial	ADJ
ap-308	109	2	evaluation	evaluation	NOUN
ap-308	109	3	of	of	ADP
ap-308	109	4	risks	risk	NOUN
ap-308	109	5	the	the	DET
ap-308	109	6	risks	risk	NOUN
ap-308	109	7	and	and	CCONJ
ap-308	109	8	their	their	PRON
ap-308	109	9	financial	financial	ADJ
ap-308	109	10	impacts	impact	NOUN
ap-308	109	11	are	be	AUX
ap-308	109	12	usually	usually	ADV
ap-308	109	13	not	not	PART
ap-308	109	14	quantified	quantify	VERB
ap-308	109	15	equally	equally	ADV
ap-308	109	16	by	by	ADP
ap-308	109	17	all	all	DET
ap-308	109	18	parties	party	NOUN
ap-308	109	19	.	.	PUNCT
ap-308	110	1	each	each	DET
ap-308	110	2	party	party	NOUN
ap-308	110	3	views	view	VERB
ap-308	110	4	the	the	DET
ap-308	110	5	given	give	VERB
ap-308	110	6	risks	risk	NOUN
ap-308	110	7	according	accord	VERB
ap-308	110	8	to	to	ADP
ap-308	110	9	the	the	DET
ap-308	110	10	guarantees	guarantee	NOUN
ap-308	110	11	provided	provide	VERB
ap-308	110	12	.	.	PUNCT
ap-308	111	1	these	these	DET
ap-308	111	2	guarantees	guarantee	NOUN
ap-308	111	3	are	be	AUX
ap-308	111	4	related	relate	VERB
ap-308	111	5	to	to	ADP
ap-308	111	6	the	the	DET
ap-308	111	7	form	form	NOUN
ap-308	111	8	of	of	ADP
ap-308	111	9	participation	participation	NOUN
ap-308	111	10	in	in	ADP
ap-308	111	11	the	the	DET
ap-308	111	12	project	project	NOUN
ap-308	111	13	.	.	PUNCT
ap-308	112	1	mostly	mostly	ADV
ap-308	112	2	this	this	DET
ap-308	112	3	concerns	concern	VERB
ap-308	112	4	the	the	DET
ap-308	112	5	basic	basic	ADJ
ap-308	112	6	capital	capital	NOUN
ap-308	112	7	provided	provide	VERB
ap-308	112	8	by	by	ADP
ap-308	112	9	the	the	DET
ap-308	112	10	stakeholders	stakeholder	NOUN
ap-308	112	11	,	,	PUNCT
ap-308	112	12	debts	debt	NOUN
ap-308	112	13	guaranteed	guarantee	VERB
ap-308	112	14	by	by	ADP
ap-308	112	15	the	the	DET
ap-308	112	16	shareholders	shareholder	NOUN
ap-308	112	17	,	,	PUNCT
ap-308	112	18	non	non	ADJ
ap-308	112	19	-	-	ADJ
ap-308	112	20	guaranteed	guaranteed	ADJ
ap-308	112	21	debts	debt	NOUN
ap-308	112	22	(	(	PUNCT
ap-308	112	23	the	the	DET
ap-308	112	24	risk	risk	NOUN
ap-308	112	25	is	be	AUX
ap-308	112	26	borne	bear	VERB
ap-308	112	27	by	by	ADP
ap-308	112	28	a	a	DET
ap-308	112	29	financial	financial	ADJ
ap-308	112	30	institution	institution	NOUN
ap-308	112	31	)	)	PUNCT
ap-308	112	32	,	,	PUNCT
ap-308	112	33	and	and	CCONJ
ap-308	112	34	the	the	DET
ap-308	112	35	resources	resource	NOUN
ap-308	112	36	provided	provide	VERB
ap-308	112	37	or	or	CCONJ
ap-308	112	38	guaranteed	guarantee	VERB
ap-308	112	39	by	by	ADP
ap-308	112	40	the	the	DET
ap-308	112	41	public	public	ADJ
ap-308	112	42	sector	sector	NOUN
ap-308	112	43	.	.	PUNCT
ap-308	113	1	stakeholders	stakeholder	NOUN
ap-308	113	2	and	and	CCONJ
ap-308	113	3	banks	bank	NOUN
ap-308	113	4	mostly	mostly	ADV
ap-308	113	5	cover	cover	VERB
ap-308	113	6	financial	financial	ADJ
ap-308	113	7	risks	risk	NOUN
ap-308	113	8	.	.	PUNCT
ap-308	114	1	the	the	DET
ap-308	114	2	recovery	recovery	NOUN
ap-308	114	3	priority	priority	NOUN
ap-308	114	4	is	be	AUX
ap-308	114	5	always	always	ADV
ap-308	114	6	debt	debt	NOUN
ap-308	114	7	servicing	servicing	NOUN
ap-308	114	8	after	after	ADP
ap-308	114	9	,	,	PUNCT
ap-308	114	10	which	which	PRON
ap-308	114	11	comes	come	VERB
ap-308	114	12	satisfying	satisfy	VERB
ap-308	114	13	the	the	DET
ap-308	114	14	shareholders	shareholder	NOUN
ap-308	114	15	.	.	PUNCT
ap-308	115	1	the	the	PRON
ap-308	115	2	greater	great	ADJ
ap-308	115	3	the	the	DET
ap-308	115	4	risk	risk	NOUN
ap-308	115	5	they	they	PRON
ap-308	115	6	undertake	undertake	VERB
ap-308	115	7	,	,	PUNCT
ap-308	115	8	the	the	DET
ap-308	115	9	higher	high	ADJ
ap-308	115	10	return	return	NOUN
ap-308	115	11	on	on	ADP
ap-308	115	12	capital	capital	NOUN
ap-308	115	13	they	they	PRON
ap-308	115	14	naturally	naturally	ADV
ap-308	115	15	expect	expect	VERB
ap-308	115	16	.	.	PUNCT
ap-308	116	1	evaluation	evaluation	NOUN
ap-308	116	2	of	of	ADP
ap-308	116	3	the	the	DET
ap-308	116	4	risks	risk	NOUN
ap-308	116	5	is	be	AUX
ap-308	116	6	performed	perform	VERB
ap-308	116	7	by	by	ADP
ap-308	116	8	independent	independent	ADJ
ap-308	116	9	bodies	body	NOUN
ap-308	116	10	and	and	CCONJ
ap-308	116	11	experts	expert	NOUN
ap-308	116	12	,	,	PUNCT
ap-308	116	13	who	who	PRON
ap-308	116	14	assess	assess	VERB
ap-308	116	15	all	all	DET
ap-308	116	16	aspects	aspect	NOUN
ap-308	116	17	of	of	ADP
ap-308	116	18	the	the	DET
ap-308	116	19	project	project	NOUN
ap-308	116	20	(	(	PUNCT
ap-308	116	21	technical	technical	ADJ
ap-308	116	22	,	,	PUNCT
ap-308	116	23	legal	legal	ADJ
ap-308	116	24	,	,	PUNCT
ap-308	116	25	commercial	commercial	ADJ
ap-308	116	26	and	and	CCONJ
ap-308	116	27	fiscal	fiscal	ADJ
ap-308	116	28	)	)	PUNCT
ap-308	116	29	.	.	PUNCT
ap-308	117	1	sensitivity	sensitivity	NOUN
ap-308	117	2	analyses	analysis	NOUN
ap-308	117	3	are	be	AUX
ap-308	117	4	performed	perform	VERB
ap-308	117	5	for	for	ADP
ap-308	117	6	these	these	DET
ap-308	117	7	purposes	purpose	NOUN
ap-308	117	8	.	.	PUNCT
ap-308	118	1	these	these	DET
ap-308	118	2	attempt	attempt	NOUN
ap-308	118	3	to	to	PART
ap-308	118	4	measure	measure	VERB
ap-308	118	5	the	the	DET
ap-308	118	6	impacts	impact	NOUN
ap-308	118	7	on	on	ADP
ap-308	118	8	the	the	DET
ap-308	118	9	anticipated	anticipate	VERB
ap-308	118	10	profitability	profitability	NOUN
ap-308	118	11	of	of	ADP
ap-308	118	12	the	the	DET
ap-308	118	13	project	project	NOUN
ap-308	118	14	of	of	ADP
ap-308	118	15	different	different	ADJ
ap-308	118	16	parameter	parameter	NOUN
ap-308	118	17	changes	change	NOUN
ap-308	118	18	:	:	PUNCT
ap-308	118	19	exchange	exchange	NOUN
ap-308	118	20	rate	rate	NOUN
ap-308	118	21	deviation	deviation	NOUN
ap-308	118	22	,	,	PUNCT
ap-308	118	23	interest	interest	NOUN
ap-308	118	24	rate	rate	NOUN
ap-308	118	25	changes	change	NOUN
ap-308	118	26	,	,	PUNCT
ap-308	118	27	inflation	inflation	NOUN
ap-308	118	28	,	,	PUNCT
ap-308	118	29	and	and	CCONJ
ap-308	118	30	construction	construction	NOUN
ap-308	118	31	delays	delay	NOUN
ap-308	118	32	,	,	PUNCT
ap-308	118	33	underestimated	underestimate	VERB
ap-308	118	34	traffic	traffic	NOUN
ap-308	118	35	intensities	intensity	NOUN
ap-308	118	36	.	.	PUNCT
ap-308	119	1	the	the	DET
ap-308	119	2	results	result	NOUN
ap-308	119	3	of	of	ADP
ap-308	119	4	the	the	DET
ap-308	119	5	sensitivity	sensitivity	NOUN
ap-308	119	6	analysis	analysis	NOUN
ap-308	119	7	form	form	VERB
ap-308	119	8	the	the	DET
ap-308	119	9	basis	basis	NOUN
ap-308	119	10	for	for	ADP
ap-308	119	11	the	the	DET
ap-308	119	12	variants	variant	NOUN
ap-308	119	13	,	,	PUNCT
ap-308	119	14	which	which	PRON
ap-308	119	15	lead	lead	VERB
ap-308	119	16	to	to	ADP
ap-308	119	17	the	the	DET
ap-308	119	18	risk	risk	NOUN
ap-308	119	19	evaluation	evaluation	NOUN
ap-308	119	20	.	.	PUNCT
ap-308	120	1	through	through	ADP
ap-308	120	2	the	the	DET
ap-308	120	3	use	use	NOUN
ap-308	120	4	of	of	ADP
ap-308	120	5	these	these	DET
ap-308	120	6	probabilities	probability	NOUN
ap-308	120	7	future	future	ADJ
ap-308	120	8	cash	cash	NOUN
ap-308	120	9	flows	flow	NOUN
ap-308	120	10	are	be	AUX
ap-308	120	11	thus	thus	ADV
ap-308	120	12	constructed	construct	VERB
ap-308	120	13	.	.	PUNCT
ap-308	121	1	4	4	NUM
ap-308	121	2	conclusion	conclusion	NOUN
ap-308	121	3	the	the	DET
ap-308	121	4	main	main	ADJ
ap-308	121	5	risks	risk	NOUN
ap-308	121	6	facing	face	VERB
ap-308	121	7	infrastructure	infrastructure	NOUN
ap-308	121	8	projects	project	NOUN
ap-308	121	9	include	include	VERB
ap-308	121	10	pre	pre	ADJ
ap-308	121	11	-	-	NOUN
ap-308	121	12	construction	construction	ADJ
ap-308	121	13	,	,	PUNCT
ap-308	121	14	construction	construction	NOUN
ap-308	121	15	,	,	PUNCT
ap-308	121	16	traffic	traffic	NOUN
ap-308	121	17	and	and	CCONJ
ap-308	121	18	revenue	revenue	NOUN
ap-308	121	19	,	,	PUNCT
ap-308	121	20	currency	currency	NOUN
ap-308	121	21	,	,	PUNCT
ap-308	121	22	force	force	NOUN
ap-308	121	23	majeure	majeure	NOUN
ap-308	121	24	,	,	PUNCT
ap-308	121	25	tort	tort	NOUN
ap-308	121	26	liability	liability	NOUN
ap-308	121	27	,	,	PUNCT
ap-308	121	28	political	political	ADJ
ap-308	121	29	,	,	PUNCT
ap-308	121	30	and	and	CCONJ
ap-308	121	31	financial	financial	ADJ
ap-308	121	32	factors	factor	NOUN
ap-308	121	33	.	.	PUNCT
ap-308	122	1	these	these	DET
ap-308	122	2	risks	risk	NOUN
ap-308	122	3	must	must	AUX
ap-308	122	4	all	all	ADV
ap-308	122	5	be	be	AUX
ap-308	122	6	addressed	address	VERB
ap-308	122	7	in	in	ADP
ap-308	122	8	a	a	DET
ap-308	122	9	manner	manner	NOUN
ap-308	122	10	satisfactory	satisfactory	NOUN
ap-308	122	11	to	to	ADP
ap-308	122	12	debt	debt	NOUN
ap-308	122	13	and	and	CCONJ
ap-308	122	14	equity	equity	NOUN
ap-308	122	15	investors	investor	NOUN
ap-308	122	16	before	before	SCONJ
ap-308	122	17	they	they	PRON
ap-308	122	18	will	will	AUX
ap-308	122	19	commit	commit	VERB
ap-308	122	20	to	to	PART
ap-308	122	21	project	project	VERB
ap-308	122	22	funding	funding	NOUN
ap-308	122	23	.	.	PUNCT
ap-308	123	1	project	project	NOUN
ap-308	123	2	finance	finance	NOUN
ap-308	123	3	transactions	transaction	NOUN
ap-308	123	4	are	be	AUX
ap-308	123	5	typically	typically	ADV
ap-308	123	6	governed	govern	VERB
ap-308	123	7	by	by	ADP
ap-308	123	8	a	a	DET
ap-308	123	9	nexus	nexus	NOUN
ap-308	123	10	of	of	ADP
ap-308	123	11	long	long	ADJ
ap-308	123	12	-	-	PUNCT
ap-308	123	13	term	term	NOUN
ap-308	123	14	formal	formal	ADJ
ap-308	123	15	contracts	contract	NOUN
ap-308	123	16	,	,	PUNCT
ap-308	123	17	written	write	VERB
ap-308	123	18	between	between	ADP
ap-308	123	19	the	the	DET
ap-308	123	20	project	project	NOUN
ap-308	123	21	promoter	promoter	NOUN
ap-308	123	22	,	,	PUNCT
ap-308	123	23	the	the	DET
ap-308	123	24	host	host	NOUN
ap-308	123	25	country	country	NOUN
ap-308	123	26	government	government	NOUN
ap-308	123	27	,	,	PUNCT
ap-308	123	28	creditors	creditor	NOUN
ap-308	123	29	,	,	PUNCT
ap-308	123	30	input	input	NOUN
ap-308	123	31	suppliers	supplier	NOUN
ap-308	123	32	,	,	PUNCT
ap-308	123	33	contractors	contractor	NOUN
ap-308	123	34	,	,	PUNCT
ap-308	123	35	operators	operator	NOUN
ap-308	123	36	,	,	PUNCT
ap-308	123	37	and	and	CCONJ
ap-308	123	38	service	service	NOUN
ap-308	123	39	providers	provider	NOUN
ap-308	123	40	.	.	PUNCT
ap-308	124	1	three	three	NUM
ap-308	124	2	classes	class	NOUN
ap-308	124	3	of	of	ADP
ap-308	124	4	contracts	contract	NOUN
ap-308	124	5	are	be	AUX
ap-308	124	6	important	important	ADJ
ap-308	124	7	:	:	PUNCT
ap-308	124	8	concession	concession	NOUN
ap-308	124	9	agreements	agreement	NOUN
ap-308	124	10	that	that	PRON
ap-308	124	11	stipulate	stipulate	VERB
ap-308	124	12	a	a	DET
ap-308	124	13	property	property	NOUN
ap-308	124	14	rights	right	NOUN
ap-308	124	15	transfer	transfer	NOUN
ap-308	124	16	from	from	ADP
ap-308	124	17	the	the	DET
ap-308	124	18	government	government	NOUN
ap-308	124	19	to	to	ADP
ap-308	124	20	the	the	DET
ap-308	124	21	project	project	NOUN
ap-308	124	22	company	company	NOUN
ap-308	124	23	,	,	PUNCT
ap-308	124	24	performance	performance	NOUN
ap-308	124	25	contracts	contract	NOUN
ap-308	124	26	between	between	ADP
ap-308	124	27	the	the	DET
ap-308	124	28	project	project	NOUN
ap-308	124	29	company	company	NOUN
ap-308	124	30	and	and	CCONJ
ap-308	124	31	contractors	contractor	NOUN
ap-308	124	32	and	and	CCONJ
ap-308	124	33	operators	operator	NOUN
ap-308	124	34	,	,	PUNCT
ap-308	124	35	and	and	CCONJ
ap-308	124	36	loan	loan	NOUN
ap-308	124	37	contracts	contract	NOUN
ap-308	124	38	between	between	ADP
ap-308	124	39	creditors	creditor	NOUN
ap-308	124	40	and	and	CCONJ
ap-308	124	41	the	the	DET
ap-308	124	42	project	project	NOUN
ap-308	124	43	company	company	NOUN
ap-308	124	44	.	.	PUNCT
ap-308	125	1	such	such	ADJ
ap-308	125	2	contracts	contract	NOUN
ap-308	125	3	are	be	AUX
ap-308	125	4	designed	design	VERB
ap-308	125	5	to	to	PART
ap-308	125	6	share	share	VERB
ap-308	125	7	risk	risk	NOUN
ap-308	125	8	and	and	CCONJ
ap-308	125	9	to	to	PART
ap-308	125	10	protect	protect	VERB
ap-308	125	11	contracting	contracting	NOUN
ap-308	125	12	parties	party	NOUN
ap-308	125	13	against	against	ADP
ap-308	125	14	opportunistic	opportunistic	ADJ
ap-308	125	15	“	"	PUNCT
ap-308	125	16	hold	hold	VERB
ap-308	125	17	-	-	PUNCT
ap-308	125	18	up	up	ADP
ap-308	125	19	”	"	PUNCT
ap-308	125	20	behaviour	behaviour	NOUN
ap-308	125	21	by	by	ADP
ap-308	125	22	others	other	NOUN
ap-308	125	23	.	.	PUNCT
ap-308	126	1	in	in	ADP
ap-308	126	2	practice	practice	NOUN
ap-308	126	3	,	,	PUNCT
ap-308	126	4	they	they	PRON
ap-308	126	5	address	address	VERB
ap-308	126	6	two	two	NUM
ap-308	126	7	important	important	ADJ
ap-308	126	8	characteristics	characteristic	NOUN
ap-308	126	9	of	of	ADP
ap-308	126	10	infrastructure	infrastructure	NOUN
ap-308	126	11	investments	investment	NOUN
ap-308	126	12	:	:	PUNCT
ap-308	126	13	a	a	DET
ap-308	126	14	high	high	ADJ
ap-308	126	15	degree	degree	NOUN
ap-308	126	16	of	of	ADP
ap-308	126	17	asset	asset	NOUN
ap-308	126	18	specificity	specificity	NOUN
ap-308	126	19	;	;	PUNCT
ap-308	126	20	and	and	CCONJ
ap-308	126	21	large	large	ADJ
ap-308	126	22	project	project	NOUN
ap-308	126	23	-	-	PUNCT
ap-308	126	24	specific	specific	ADJ
ap-308	126	25	risks	risk	NOUN
ap-308	126	26	that	that	PRON
ap-308	126	27	can	can	AUX
ap-308	126	28	not	not	PART
ap-308	126	29	be	be	AUX
ap-308	126	30	diversified	diversify	VERB
ap-308	126	31	in	in	ADP
ap-308	126	32	financial	financial	ADJ
ap-308	126	33	markets	market	NOUN
ap-308	126	34	.	.	PUNCT
ap-308	127	1	in	in	ADP
ap-308	127	2	such	such	ADJ
ap-308	127	3	“	"	PUNCT
ap-308	127	4	relationship	relationship	NOUN
ap-308	127	5	-	-	PUNCT
ap-308	127	6	specific	specific	ADJ
ap-308	127	7	”	"	PUNCT
ap-308	127	8	investments	investment	NOUN
ap-308	127	9	,	,	PUNCT
ap-308	127	10	investors	investor	NOUN
ap-308	127	11	are	be	AUX
ap-308	127	12	hesitant	hesitant	ADJ
ap-308	127	13	to	to	PART
ap-308	127	14	make	make	VERB
ap-308	127	15	investments	investment	NOUN
ap-308	127	16	without	without	ADP
ap-308	127	17	adequate	adequate	ADJ
ap-308	127	18	contractual	contractual	ADJ
ap-308	127	19	protection	protection	NOUN
ap-308	127	20	.	.	PUNCT
ap-308	128	1	once	once	SCONJ
ap-308	128	2	the	the	DET
ap-308	128	3	investment	investment	NOUN
ap-308	128	4	is	be	AUX
ap-308	128	5	sunk	sink	VERB
ap-308	128	6	,	,	PUNCT
ap-308	128	7	the	the	DET
ap-308	128	8	incentive	incentive	NOUN
ap-308	128	9	system	system	NOUN
ap-308	128	10	and	and	CCONJ
ap-308	128	11	the	the	DET
ap-308	128	12	bargaining	bargaining	NOUN
ap-308	128	13	power	power	NOUN
ap-308	128	14	of	of	ADP
ap-308	128	15	the	the	DET
ap-308	128	16	contracting	contracting	NOUN
ap-308	128	17	parties	party	NOUN
ap-308	128	18	change	change	VERB
ap-308	128	19	vis	vis	X
ap-308	128	20	-	-	PUNCT
ap-308	128	21	vis	vis	X
ap-308	128	22	each	each	DET
ap-308	128	23	other	other	ADJ
ap-308	128	24	.	.	PUNCT
ap-308	129	1	anticipating	anticipate	VERB
ap-308	129	2	such	such	DET
ap-308	129	3	an	an	DET
ap-308	129	4	outcome	outcome	NOUN
ap-308	129	5	,	,	PUNCT
ap-308	129	6	project	project	NOUN
ap-308	129	7	promoters	promoter	NOUN
ap-308	129	8	often	often	ADV
ap-308	129	9	insist	insist	VERB
ap-308	129	10	on	on	ADP
ap-308	129	11	governments	government	NOUN
ap-308	129	12	providing	provide	VERB
ap-308	129	13	various	various	ADJ
ap-308	129	14	kinds	kind	NOUN
ap-308	129	15	of	of	ADP
ap-308	129	16	guarantees	guarantee	NOUN
ap-308	129	17	to	to	PART
ap-308	129	18	cover	cover	VERB
ap-308	129	19	a	a	DET
ap-308	129	20	range	range	NOUN
ap-308	129	21	of	of	ADP
ap-308	129	22	risks	risk	NOUN
ap-308	129	23	.	.	PUNCT
ap-308	130	1	references	reference	NOUN
ap-308	130	2	[	[	X
ap-308	130	3	1	1	NUM
ap-308	130	4	]	]	X
ap-308	130	5	estache	estache	NOUN
ap-308	130	6	,	,	PUNCT
ap-308	130	7	a.	a.	NOUN
ap-308	130	8	,	,	PUNCT
ap-308	130	9	strong	strong	ADJ
ap-308	130	10	j.	j.	PROPN
ap-308	130	11	:	:	PUNCT
ap-308	130	12	the	the	DET
ap-308	130	13	rise	rise	NOUN
ap-308	130	14	,	,	PUNCT
ap-308	130	15	the	the	DET
ap-308	130	16	fall	fall	NOUN
ap-308	130	17	,	,	PUNCT
ap-308	130	18	and	and	CCONJ
ap-308	130	19	…	…	PUNCT
ap-308	130	20	the	the	DET
ap-308	130	21	emerging	emerge	VERB
ap-308	130	22	recovery	recovery	NOUN
ap-308	130	23	of	of	ADP
ap-308	130	24	project	project	NOUN
ap-308	130	25	finance	finance	NOUN
ap-308	130	26	in	in	ADP
ap-308	130	27	transport	transport	NOUN
ap-308	130	28	.	.	PUNCT
ap-308	131	1	world	world	PROPN
ap-308	131	2	bank	bank	PROPN
ap-308	131	3	institute	institute	PROPN
ap-308	131	4	©	©	PROPN
ap-308	131	5	czech	czech	PROPN
ap-308	131	6	technical	technical	PROPN
ap-308	131	7	university	university	PROPN
ap-308	131	8	publishing	publishing	NOUN
ap-308	131	9	house	house	NOUN
ap-308	131	10	http://ctn.cvut.cz/ap/	http://ctn.cvut.cz/ap/	PROPN
ap-308	131	11	35	35	NUM
ap-308	131	12	acta	acta	PROPN
ap-308	131	13	polytechnica	polytechnica	PROPN
ap-308	131	14	vol	vol	NOUN
ap-308	131	15	.	.	PUNCT
ap-308	132	1	42	42	NUM
ap-308	132	2	no	no	INTJ
ap-308	132	3	.	.	PUNCT
ap-308	133	1	1/2002	1/2002	NUM
ap-308	134	1	[	[	X
ap-308	134	2	2	2	NUM
ap-308	134	3	]	]	X
ap-308	134	4	gannon	gannon	NOUN
ap-308	134	5	,	,	PUNCT
ap-308	134	6	m.	m.	NOUN
ap-308	134	7	j.	j.	PROPN
ap-308	134	8	:	:	PUNCT
ap-308	134	9	risk	risk	VERB
ap-308	134	10	analysis	analysis	NOUN
ap-308	134	11	and	and	CCONJ
ap-308	134	12	its	its	PRON
ap-308	134	13	application	application	NOUN
ap-308	134	14	within	within	ADP
ap-308	134	15	the	the	DET
ap-308	134	16	private	private	ADJ
ap-308	134	17	finance	finance	NOUN
ap-308	134	18	initiative	initiative	NOUN
ap-308	134	19	.	.	PUNCT
ap-308	135	1	the	the	DET
ap-308	135	2	proceedings	proceeding	NOUN
ap-308	135	3	of	of	ADP
ap-308	135	4	the	the	DET
ap-308	135	5	chartered	chartered	PROPN
ap-308	135	6	institute	institute	PROPN
ap-308	135	7	of	of	ADP
ap-308	135	8	transport	transport	NOUN
ap-308	135	9	in	in	ADP
ap-308	135	10	the	the	DET
ap-308	135	11	uk	uk	PROPN
ap-308	135	12	,	,	PUNCT
ap-308	135	13	7/1998	7/1998	PROPN
ap-308	136	1	[	[	X
ap-308	136	2	3	3	NUM
ap-308	136	3	]	]	X
ap-308	136	4	thompson	thompson	PROPN
ap-308	136	5	,	,	PUNCT
ap-308	136	6	j.	j.	PROPN
ap-308	136	7	l.	l.	PROPN
ap-308	136	8	:	:	PUNCT
ap-308	136	9	strategic	strategic	ADJ
ap-308	136	10	management	management	NOUN
ap-308	136	11	.	.	PUNCT
ap-308	137	1	chapman	chapman	PROPN
ap-308	137	2	&	&	CCONJ
ap-308	137	3	hall	hall	PROPN
ap-308	137	4	,	,	PUNCT
ap-308	137	5	london	london	PROPN
ap-308	137	6	1993	1993	NUM
ap-308	137	7	[	[	X
ap-308	137	8	4	4	NUM
ap-308	137	9	]	]	X
ap-308	137	10	johnson	johnson	PROPN
ap-308	137	11	,	,	PUNCT
ap-308	137	12	g.	g.	PROPN
ap-308	137	13	,	,	PUNCT
ap-308	137	14	scholes	schole	NOUN
ap-308	137	15	,	,	PUNCT
ap-308	137	16	k.	k.	PROPN
ap-308	137	17	:	:	PUNCT
ap-308	137	18	exploring	explore	VERB
ap-308	137	19	corporate	corporate	ADJ
ap-308	137	20	strategy	strategy	NOUN
ap-308	137	21	.	.	PUNCT
ap-308	138	1	prentice	prentice	PROPN
ap-308	138	2	hall	hall	PROPN
ap-308	138	3	international	international	PROPN
ap-308	138	4	,	,	PUNCT
ap-308	138	5	1993	1993	NUM
ap-308	139	1	[	[	X
ap-308	139	2	5	5	NUM
ap-308	139	3	]	]	X
ap-308	139	4	babbar	babbar	PROPN
ap-308	139	5	,	,	PUNCT
ap-308	139	6	s.	s.	PROPN
ap-308	139	7	,	,	PUNCT
ap-308	139	8	fisher	fisher	PROPN
ap-308	139	9	,	,	PUNCT
ap-308	139	10	g.	g.	NOUN
ap-308	139	11	:	:	PUNCT
ap-308	139	12	private	private	ADJ
ap-308	139	13	financing	financing	NOUN
ap-308	139	14	of	of	ADP
ap-308	139	15	toll	toll	NOUN
ap-308	139	16	roads	road	NOUN
ap-308	139	17	.	.	PUNCT
ap-308	140	1	world	world	PROPN
ap-308	140	2	bank	bank	PROPN
ap-308	140	3	’s	’s	PART
ap-308	140	4	project	project	NOUN
ap-308	140	5	finance	finance	NOUN
ap-308	140	6	and	and	CCONJ
ap-308	140	7	guarantees	guarantee	VERB
ap-308	140	8	group	group	NOUN
ap-308	140	9	[	[	X
ap-308	140	10	6	6	NUM
ap-308	140	11	]	]	PUNCT
ap-308	140	12	kolektiv	kolektiv	ADJ
ap-308	140	13	pracovníků	pracovníků	PROPN
ap-308	140	14	dopravní	dopravní	PROPN
ap-308	140	15	fakulty	fakulty	PROPN
ap-308	140	16	čvut	čvut	PROPN
ap-308	140	17	:	:	PUNCT
ap-308	140	18	alternativní	alternativní	PROPN
ap-308	140	19	možnosti	možnosti	PROPN
ap-308	140	20	financování	financování	PROPN
ap-308	140	21	železničních	železničních	PROPN
ap-308	140	22	koridorů	koridorů	PROPN
ap-308	140	23	.	.	PUNCT
ap-308	141	1	čvut	čvut	PROPN
ap-308	141	2	,	,	PUNCT
ap-308	141	3	praha	praha	PROPN
ap-308	141	4	1998	1998	NUM
ap-308	141	5	[	[	X
ap-308	141	6	7	7	NUM
ap-308	141	7	]	]	X
ap-308	141	8	pokorná	pokorná	ADJ
ap-308	141	9	,	,	PUNCT
ap-308	141	10	o.	o.	PROPN
ap-308	141	11	:	:	PUNCT
ap-308	141	12	zdroje	zdroje	PROPN
ap-308	141	13	financování	financování	PROPN
ap-308	141	14	dopravní	dopravní	PROPN
ap-308	141	15	infrastruktury	infrastruktury	PROPN
ap-308	141	16	.	.	PUNCT
ap-308	142	1	diplomová	diplomová	PROPN
ap-308	142	2	práce	práce	PROPN
ap-308	142	3	,	,	PUNCT
ap-308	142	4	praha	praha	PROPN
ap-308	142	5	2001	2001	NUM
ap-308	143	1	ing	ing	ADJ
ap-308	143	2	.	.	PUNCT
ap-308	143	3	denisa	denisa	NOUN
ap-308	143	4	mocková	mocková	PROPN
ap-308	143	5	phone	phone	NOUN
ap-308	143	6	:	:	PUNCT
ap-308	143	7	+420	+420	NUM
ap-308	144	1	2	2	NUM
ap-308	144	2	2435	2435	NUM
ap-308	144	3	9160	9160	NUM
ap-308	144	4	fax	fax	NOUN
ap-308	144	5	:	:	PUNCT
ap-308	144	6	+420	+420	NUM
ap-308	144	7	2	2	NUM
ap-308	144	8	2491	2491	NUM
ap-308	144	9	9017	9017	NUM
ap-308	144	10	e	e	NOUN
ap-308	144	11	-	-	NOUN
ap-308	144	12	mail	mail	NOUN
ap-308	144	13	:	:	PUNCT
ap-308	144	14	mockova@fd.cvut.cz	mockova@fd.cvut.cz	NOUN
ap-308	144	15	ing	ing	ADJ
ap-308	144	16	.	.	PUNCT
ap-308	145	1	olga	olga	PROPN
ap-308	145	2	pokorná	pokorná	PROPN
ap-308	145	3	phone	phone	NOUN
ap-308	145	4	:	:	PUNCT
ap-308	145	5	+420	+420	NUM
ap-308	145	6	2	2	NUM
ap-308	145	7	514	514	NUM
ap-308	145	8	310	310	NUM
ap-308	145	9	59	59	NUM
ap-308	145	10	e	e	NOUN
ap-308	145	11	-	-	NOUN
ap-308	145	12	mail	mail	NOUN
ap-308	145	13	:	:	PUNCT
ap-308	145	14	pokorna@mdcr.cz	pokorna@mdcr.cz	PROPN
ap-308	145	15	czech	czech	PROPN
ap-308	145	16	technical	technical	PROPN
ap-308	145	17	university	university	PROPN
ap-308	145	18	in	in	ADP
ap-308	145	19	prague	prague	PROPN
ap-308	145	20	faculty	faculty	NOUN
ap-308	145	21	of	of	ADP
ap-308	145	22	transportation	transportation	NOUN
ap-308	145	23	sciences	sciences	PROPN
ap-308	145	24	horská	horská	VERB
ap-308	145	25	3	3	NUM
ap-308	145	26	128	128	NUM
ap-308	145	27	03	03	NUM
ap-308	145	28	praha	praha	PROPN
ap-308	145	29	2	2	NUM
ap-308	145	30	,	,	PUNCT
ap-308	145	31	czech	czech	PROPN
ap-308	145	32	republic	republic	NOUN
ap-308	145	33	36	36	NUM
ap-308	145	34	©	©	PROPN
ap-308	145	35	czech	czech	PROPN
ap-308	145	36	technical	technical	PROPN
ap-308	145	37	university	university	PROPN
ap-308	145	38	publishing	publishing	NOUN
ap-308	145	39	house	house	NOUN
ap-308	145	40	http://ctn.cvut.cz/ap/	http://ctn.cvut.cz/ap/	PROPN
ap-308	145	41	acta	acta	PROPN
ap-308	145	42	polytechnica	polytechnica	PROPN
ap-308	145	43	vol	vol	NOUN
ap-308	145	44	.	.	PUNCT
ap-308	146	1	42	42	NUM
ap-308	146	2	no	no	INTJ
ap-308	146	3	.	.	PUNCT
ap-308	147	1	1/2002	1/2002	NUM
