The French Ministry of Defence (MoD) made some unusual
demands to ensure protection of its interests in the largest
availability-backed deal of 2011.
The deal, a 30-year design-build-finance-operate concession
for a new French Ministry of Defence (MoD) headquarters in
Balard, totals 800 million (£707 million) in
The public-private partnership (PPP) closed on May 30.
According to Guillaume Hintzy, director and co-head of PPP,
infrastructure at Dexias global project finance group,
the project contained the biggest real estate program ever
included in a French PPP contract to generate additional
The French MoD wanted its interests to be protected against
decisions that could have been taken by the project
The tendering authority (French MoD) stipulated that,
from the start, each consortia include in the special