Common use of Annuity Payments during Operation Period Clause in Contracts

Annuity Payments during Operation Period. 23.6.1 The (the “Completion Cost” shall be the summation of A, B, C, D, E, and F below: A. 20% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of report confirming 20% Physical Progress.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Annuity Payments during Operation Period. 23.6.1 The (the “Completion Cost” shall be the summation of A, B, C, D, E, F, G, H, I, J and F K below: A. 205% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the 5 Independent Engineer, during finalization of design, shall upfront decide weightages of all the items in due consultation with the Authority responsible for making payments and recommended percentage physical progress achievements based on the above decided weightages for the entire construction Reference Index Date preceding the date of report confirming 205% Physical Progress.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Annuity Payments during Operation Period. 23.6.1 The (the “Completion Cost” shall be the summation of A, B, C, D, E, F, G, H, I, J and F K below: A. 205% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of report confirming 205% Physical Progress.

Appears in 1 contract

Samples: Concession Agreement

Annuity Payments during Operation Period. 23.6.1 The (the “Completion Cost” shall be the summation of A, B, C, D, E, F, G, H, I, J, and F K below: A. 205% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of report confirming 205% Physical Progress. B. 5% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of report confirming 10% Physical Progress.

Appears in 1 contract

Samples: Concession Agreement

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Annuity Payments during Operation Period. 23.6.1 The (the “Completion Cost”) shall be the summation of A, B, C, D, E, and F below: A. 20% of the Bid Project Cost adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of report confirming 20% Physical Progress.

Appears in 1 contract

Samples: Concession Agreement

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