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Many of you will know that weve always been interested in opening up and improving the procurement and contracts that underpin mega-sporting events, which have – all too-often been – vectors for cronyism, corruption or massive mis-spending. Nine implementing bodies are involved, with Simico S.p.A. of allocated funds.
Investors frequently make expenditures in the preparatory phase of an investment, such as environmental impactassessments , scientific surveys, or financial advice. The government opened a public tender process. When are these expenditures considered an investment? CFM was not able to contribute the 20% needed for the project.
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