RTB
RTB, or Ready to Build, is the stage at which the project has the key decisions, permits, conditions and documents required to start construction. RTB describes a project delivery, investment or execution factor that affects schedule, cost and investment readiness.
What this means in practice
In practice, RTB is reflected in the assumptions, contracts, operating strategy or financial model of the project. It helps define how the asset works, how risk is allocated and how value is converted into measurable cash flows.
Why this matters
RTB matters because it affects project value, risk allocation, financing capacity and the credibility of the investment case. For investors and financing institutions it is one of the elements that determines whether the model is realistic and defensible.
How Envalis views it
At Envalis, RTB is assessed as part of an integrated view of the project. We connect technical assumptions, market logic, contract structure and financial outputs to show how this element affects value, risk and bankability.
Application in projects
RTB is used in project valuation, bankability assessment, scenario analysis, stress testing and the preparation of materials for investment or financing decisions.