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      Question

      Under the 'Hybrid Annuity Model' (HAM) used in road

      projects, what percentage of the project cost is typically contributed by the government as a grant?
      A 20% Correct Answer Incorrect Answer
      B 40% Correct Answer Incorrect Answer
      C 60% Correct Answer Incorrect Answer
      D 80% Correct Answer Incorrect Answer
      E 100% Correct Answer Incorrect Answer

      Solution

      In HAM, the government pays 40% of the project cost in five equal instalments (linked to construction milestones), and the remaining 60% is arranged by the developer.

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