Asseverations

The First Union company specialized in business assistance and consultancy has developed a series of experiences that allow it to be very proactive in this activity.

Specifically, the activity is carried out in relation to private individuals, public bodies, mixed companies, cooperative companies for the analysis and assessment of the feasibility of a project and the related business plan, business plan or project financing so that it can determine the bankability for the purpose of issuing the related asseverations.

Thanks to the changes made by art. 4, comma2, lett. q) of the D.L. May 13, 2011, n. 70, in paragraph 9 of the art. 153 of Legislative Decree 153 / 2oo6 (Code of contracts), the asseveration of a business plan can also be issued by the companies registered in the general list of Financial Intermediaries, pursuant to art. 106 of the legislative decree 1st September 1993, n. 385.

Therefore, the asseveration of an industrial plan, business plan or project financing is aimed at:

• to allow the applicant to be able to take part in tenders when the related announcement provides for the realization of a sworn financial economic plan;
• to verify the feasibility of this plan, be it economic or financial plan or business plan or project financing;
• to allow us to prepare proposals that require the asseveration of the related financial plan, as provided by the art. 37 of Law 109/94 and Law 415/98 (Merloni ter);
  

  The main risk for the applicant is represented by the non-compliance of the financial plan with expectations, due to non-compliant or irregular data provided by the Applicant.