Investment Projects, Business Armenia Medieval Village Creation | Page 10

Roles and Responsibilities
Party
Development Foundation of
Armenia (DFA)
The project coordinator,
responsible and implementing
agency
(chosen by private investor)
Involvement


 ONE STOP SHOP services for investors
Coordination between parties
Providing risk mitigation

 Accounting and auditing
Oversight implementation and
management
Secure technical and environmental
approval
Ensure compliance with covenants
Invite bids and prepare bid evaluation
reports for investor approval
Award contracts
Oversee work of contracts
Reporting






Private Investor


Ensure financial support
Oversight according to the finance/loan
agreements
9