Phase II Cashflow — Draft

Reimb Lag
Retention
Months Shown 18

Bank Balance (End of Month)

Outflows Breakdown (Totals)

Monthly Cashflows (Ops only: tranches, reimbursements, A/E, GC)

Monthly Interest: Bank (3.44%) vs Loan (1%)

Retention holds back a portion of each GC payment until completion, then releases it in one lump sum. APRs are applied monthly (APR/12).