Airports Authority of India Sample Clauses

Airports Authority of India. 16.1.3 Relevant Urban Development Authority, Municipal Corporation, Municipality, Grampanchayat, town planning department, etc., who are authorized to issued permit for construction.
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Airports Authority of India. INSTRUCTIONS FOR ONLINE BID SUBMISSION The bidders are required to submit soft copies of their bids electronically on the CPP Portal, using valid Digital Signature Certificates. The instructions given below are meant to assist the bidders in registering on the CPP Portal, prepare their bids in accordance with the requirements and submitting their bids online on the CPP Portal. More information useful for submitting online bids on the CPP Portal may be obtained at: xxx.xxxxxxxx.xxx.xx REGISTRATION
Airports Authority of India an authority constituted under the Airports Authority of Xxxxx Xxx, 0000, having its principal office at Xxxxx Xxxxxx Bhawan, New Delhi (hereinafter referred to as “AAI” or the “Lessor”) of the first part; and
Airports Authority of India. 2.2.1 Loss of revenue due to delay in finalisation of advertisement contracts Failure of the Authority to finalise exclusive advertisement contracts at various airports within the stipulated period resulted in revenue loss of Rs.5.39 crore. Airports Authority of India (Authority) appoints agencies for licensing indoor and outdoor advertisement sites at international and domestic airports, under its control, for an agreed fee. In terms of the provisions, contained in Commercial Manual of the Authority, the process of awarding a contract for granting rights of advertisement is to be completed within a maximum of 108 days from the date of publication of Notice Inviting Tender (NIT). In January 2004, the Authority invited tenders for licensing rights of advertisement in its 16 domestic and four international airports. Only one technically acceptable bid from TDI International India Limited (TDI) was received. The Authority in its Board meeting held in April 2004 decided to re-invite tenders as special considerations would arise in view of privatisation/restructuring of Delhi and Mumbai international airports. The Authority also approved time to time extensions of the existing contracts and also awarded site specific contracts for smaller periods at then existing lower rates of licence fee. In persuasion of Board of Director’s decision, fresh NIT was published in June 2004. In the meanwhile, the TDI filed a writ petition in Delhi High Court, which was dismissed by the High Court in October 2004. On the dismissal of the petition, the TDI filed an appeal in the Supreme Court in November 2004. The Supreme Court initially granted ‘Status Quo’, but vacated the same on 29 November, 2006 and directed Authority, on the basis of undertaking given by it before the Court, to complete the whole process of awarding the fresh contracts for advertisement for remaining 18 airports by 28 February 2007. The Commercial Advisory Board (CAB) of the Authority decided (November 2006) to invite fresh tenders for advertisement rights individually for each airport. However, due to delay in completion of various activities involved in award of contracts, the CAB decided to shift the date for finalisation of tender to 31 March 2007 against 28 February 2007 fixed by the apex Court. Audit observed that: • In respect of eight airports, the delay of 88 to 218 days occurred, beyond 28 February 2007, in finalisation of the fresh contracts. • The delay was mainly due to unreasonable excess time ...

Related to Airports Authority of India

  • PARTIES’ AUTHORITY The signatories represent that they are fully authorized to enter into this Agreement and bind the Parties to its terms and conditions.

  • Arbitrator's Authority A. The arbitrator shall have no right to amend, modify, nullify, ignore, add to, or subtract from the terms and conditions of this Agreement. The arbitrator shall consider and decide only the specific issue(s) submitted in writing by the Employer and the Union, and shall have no authority to make a decision on any other issue not so submitted.

  • Governing Law, Regulatory Authority, and Rules The validity, interpretation and enforcement of this Agreement and each of its provisions shall be governed by the laws of the state of New York, without regard to its conflicts of law principles. This Agreement is subject to all Applicable Laws and Regulations. Each Party expressly reserves the right to seek changes in, appeal, or otherwise contest any laws, orders, or regulations of a Governmental Authority.

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