Common use of Delays during construction Clause in Contracts

Delays during construction. Without prejudice to the provisions of Clause 12.3 and 12.4 if the Concessionaire fails to achieve any of the Project Milestones, the Independent Engineer shall notify the Authority and the Concessionaire to this effect, and the Concessionaire shall, within 15 (fifteen) days of such notice, inform the Independent Engineer and the Authority in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the COD.

Appears in 6 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Delays during construction. Without prejudice to the provisions of Clause 12.3 and 12.4 12.4.2, if the Concessionaire fails to achieve any of the Project Milestones, the Independent Engineer shall notify the Authority and the Concessionaire to this effect, and the Concessionaire shall, within 15 (fifteen) days of such notice, inform the Independent Engineer and the Authority in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the COD.

Appears in 6 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Delays during construction. Without prejudice to the provisions of Clause 12.3 and 12.4 if the Concessionaire fails to achieve any of the Project Milestones, the Independent Engineer shall notify the Authority and the Concessionaire to this effect, and the Concessionaire shall, within 15 (fifteen) days of such notice, inform the Independent Engineer and the Authority in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the COD.COD of phase I.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Delays during construction. Without prejudice to the provisions of Clause 12.3 and 12.4 Article 12.3.6, if the Concessionaire fails to does not achieve any of the Project MilestonesMilestones and is not likely to achieve the timely completion of construction of the Additional Project Facilities within the time specified in the Implementation Schedule, the Independent Engineer shall notify the Authority and the Concessionaire to this effect, and the Concessionaire shall, within 15 (fifteen) days of such notice, by a communication inform the Independent Engineer and the Authority in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the COD.

Appears in 2 contracts

Samples: Escrow Agreement, Draft Concession Agreement

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