{
  "title": "Supplier-investor incremental value bridge",
  "research_date": "2026-10-05",
  "issuer_calibrated": false,
  "units": "Hypothetical common present-value units, not dollars or a measured return",
  "scope": "Fixed ownership, all-equity project, common valuation basis. No fees, taxes, debt, cash calendar, default or spillovers. The project and its ownership allocations must not be added together.",
  "scenarios": [
    {
      "id": "transfer_only",
      "status": "complete",
      "inputs": {
        "benefit": 0,
        "supplierCost": 0,
        "premium": 10,
        "stake": 0.1
      },
      "values": {
        "projectDelta": -10,
        "supplierCommercialDelta": 10,
        "supplierInvestmentDelta": -1,
        "supplierCombinedDelta": 9,
        "otherInvestorsDelta": -9,
        "groupDelta": 0
      },
      "interval": {
        "otherInvestorsPresent": true,
        "feasible": true,
        "minPremium": 0,
        "maxPremium": 0,
        "unbounded": false
      }
    },
    {
      "id": "productive_shared_gain",
      "status": "complete",
      "inputs": {
        "benefit": 12,
        "supplierCost": 4,
        "premium": 6,
        "stake": 0.1
      },
      "values": {
        "projectDelta": 6,
        "supplierCommercialDelta": 2,
        "supplierInvestmentDelta": 0.6000000000000001,
        "supplierCombinedDelta": 2.6,
        "otherInvestorsDelta": 5.4,
        "groupDelta": 8
      },
      "interval": {
        "otherInvestorsPresent": true,
        "feasible": true,
        "minPremium": 3.1111111111111107,
        "maxPremium": 12,
        "unbounded": false
      }
    },
    {
      "id": "same_gain_expensive_contract",
      "status": "complete",
      "inputs": {
        "benefit": 12,
        "supplierCost": 4,
        "premium": 16,
        "stake": 0.1
      },
      "values": {
        "projectDelta": -4,
        "supplierCommercialDelta": 12,
        "supplierInvestmentDelta": -0.4,
        "supplierCombinedDelta": 11.6,
        "otherInvestorsDelta": -3.6,
        "groupDelta": 8
      },
      "interval": {
        "otherInvestorsPresent": true,
        "feasible": true,
        "minPremium": 3.1111111111111107,
        "maxPremium": 12,
        "unbounded": false
      }
    },
    {
      "id": "supplier_gains_group_loses",
      "status": "complete",
      "inputs": {
        "benefit": 3,
        "supplierCost": 4,
        "premium": 6,
        "stake": 0.1
      },
      "values": {
        "projectDelta": -3,
        "supplierCommercialDelta": 2,
        "supplierInvestmentDelta": -0.30000000000000004,
        "supplierCombinedDelta": 1.7,
        "otherInvestorsDelta": -2.7,
        "groupDelta": -1
      },
      "interval": {
        "otherInvestorsPresent": true,
        "feasible": false,
        "minPremium": 4.111111111111112,
        "maxPremium": 3,
        "unbounded": false
      }
    },
    {
      "id": "larger_stake_same_contract",
      "status": "complete",
      "inputs": {
        "benefit": 12,
        "supplierCost": 4,
        "premium": 16,
        "stake": 0.5
      },
      "values": {
        "projectDelta": -4,
        "supplierCommercialDelta": 12,
        "supplierInvestmentDelta": -2,
        "supplierCombinedDelta": 10,
        "otherInvestorsDelta": -2,
        "groupDelta": 8
      },
      "interval": {
        "otherInvestorsPresent": true,
        "feasible": true,
        "minPremium": 0,
        "maxPremium": 12,
        "unbounded": false
      }
    },
    {
      "id": "full_ownership_boundary",
      "status": "complete",
      "inputs": {
        "benefit": 12,
        "supplierCost": 4,
        "premium": 16,
        "stake": 1
      },
      "values": {
        "projectDelta": -4,
        "supplierCommercialDelta": 12,
        "supplierInvestmentDelta": -4,
        "supplierCombinedDelta": 8,
        "otherInvestorsDelta": 0,
        "groupDelta": 8
      },
      "interval": {
        "otherInvestorsPresent": false,
        "feasible": true,
        "minPremium": 0,
        "maxPremium": null,
        "unbounded": true
      }
    },
    {
      "id": "unknown_coordination_benefit",
      "status": "incomplete",
      "inputs": {
        "benefit": null,
        "supplierCost": 4,
        "premium": 6,
        "stake": 0.1
      },
      "reason": "A required assumption is unknown.",
      "values": null,
      "interval": null
    }
  ]
}