When you are budgeting for a project, you always include contingency provisions for unexpected things and you want to avoid spending it on things you somehow missed to include in your projections. In this post, I talk about things that I missed on my projections and now I know! so I want to share them with you.

Here are the things I will discuss in this post:

• Time lag between Signing of financing agreements and financial close date
• Monitoring fees, Appraisal fees ….
• Seasonality in revenues
• Minimum cash balance
• Pre-funding of working capital
• Registration fees
• Taxes payable at different levels
• LC fees
• Transfer fees %s of revenues
• Missing indexation (Case of recurring costs)