0:48
Matt Kissinger
80:06 - 80:54
"There may be multiple rounds building up to an fid but you won't achieve a final investment decision until you have sufficient funding to construct the project along with your contingency and additional contingency for contract cost overrun. Risk, et cetera, at that point in time, once that final investment decision, and that's a single vote that happens at a single moment in time. That's what starts the clock on our 180 days."
“There may be multiple rounds building up to an fid but you won't achieve a final investment decision until you have sufficient funding to construct the project along with your contingency and additional contingency for contract cost overrun. Risk, et cetera, at that point in time, once that final investment decision, and that's a single vote that happens at a single moment in time. That's what starts the clock on our 180 days.”
- Speaker
- Matt Kissinger
- Timestamp
- 80:06 – 80:54
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 4, 2026
From the transcript
There may be multiple rounds building up to an fid but you won't achieve a final investment decision until you have sufficient funding to construct the project along with your contingency and additional contingency for contract cost overrun. Risk, et cetera, at that point in time, once that final investment decision, and that's a single vote that happens at a single moment in time. That's what starts the clock on our 180 days. And this is actually going back to Senator Keel's earlier question around this 5% limit. Actually this is one of the other answers to it is all the investors will be in, they'll all be committed and then we'll have 180 days for the state to decide to back them out of some of their commitment.
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