Common use of Display of Fee rates Clause in Contracts

Display of Fee rates. 23.10.1 The Concessionaire shall, 1 (one) kilometre before the Toll Plaza, 500 (five hundred) metres before the Toll Plaza and 50 (fifty) metres before entry to the Toll Plazas, prominently display the applicable rates of Fee for information of Users approaching the Toll Plaza and shall also publish and display such other information in such manner as may be prescribed under the Fee Rules. 23.10.2 The Concessionaire shall, from time to time, inform the Authority and the Independent Engineer of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 75(seventy five) days prior to the revision of Fee under and in accordance with the Fee Rules. 23.10.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Rules. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to 25% (twenty five per cent) thereof, and in the event of non–payment by Concessionaire of such delinquent amount forthwith and in any case within seven days of issue of written notice by Authority, the same shall be recovered by encashment of Performance Security in which case the provisions of Clause 9 hereof shall apply in respect of replenishment of the Performance Security upon such encashment.

Appears in 1 contract

Samples: Concession Agreement

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Display of Fee rates. 23.10.1 ‌ 23.10.1. The Concessionaire shall, 1 (one) kilometre before the Toll Plaza, 500 (five hundred) metres before the Toll Plaza and 50 (fifty) metres before entry to the Toll Plazas, prominently display the applicable rates of Fee for information of Users approaching the Toll Plaza and shall also publish and display such other information in such manner as may be prescribed under the Fee Rules. 23.10.2 23.10.2. The Concessionaire shall, from time to time, inform the Authority and the Independent Engineer of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 75(seventy five15 (fifteen) days prior to the revision of Fee under and in accordance with the Fee Rules. 23.10.3 23.10.3. The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Rules. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to 25% (twenty five per cent) thereof, and in the event of non–payment by Concessionaire of such delinquent amount forthwith and in any case within seven days of issue of written notice by Authority, the same shall be recovered by encashment of Performance Security in which case the provisions of Clause 9 hereof shall apply in respect of replenishment of the Performance Security upon such encashment.

Appears in 1 contract

Samples: Concession Agreement

Display of Fee rates. 23.10.1 22.9.1. The Concessionaire shall, 1 (one) kilometre kilometre73 before the Toll Plaza, 500 (five hundred) metres before the Toll Plaza and 50 (fifty) metres before entry to the Toll Plazas, prominently display the applicable rates of Fee for information of Users approaching the Toll Plaza and shall also publish and display such other information in such manner as may be prescribed under the Fee Rules. 23.10.2 22.9.2. The Concessionaire shall, from time to time, inform the Contracting Authority and the Independent Engineer of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 75(seventy five15 (fifteen) days prior to the revision of Fee under and in accordance with the Fee Rules.. 72 TBD based on agreed upon penalty in Weighbridge specifications 73 In accordance with the toll plaza specifications 23.10.3 22.9.3. The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Rules. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Contracting Authority, refund such excess amounts to the Contracting Authority along with Damages equal to 25% (twenty five per cent) thereof, and in the event of non–non —payment by Concessionaire of such delinquent amount forthwith and in any case within seven days of issue of written notice by Contracting Authority, the same shall be recovered by encashment of Performance Security in which case the provisions of Clause 9 hereof shall apply in respect of replenishment of the Performance Security upon such encashment.

Appears in 1 contract

Samples: Concession Agreement

Display of Fee rates. 23.10.1 The Concessionaire shall, 1 (one) kilometre before the Toll Plaza, 500 (five hundred) metres before the Toll Plaza and 50 (fifty) metres before entry to the Toll Plazas, prominently display the applicable rates of Fee for information of Users approaching the Toll Plaza and shall also publish and display such other information in such manner as may be prescribed under the Fee Rules. 23.10.2 . The Concessionaire shall, from time to time, inform the Authority and the Independent Engineer of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 75(seventy five15 (fifteen) days prior to the revision of Fee under and in accordance with the Fee Rules. 23.10.3 . The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Rules. In the event any excess amounts amount are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to 25% (twenty five per cent) thereof, and in the event of non-payment by Concessionaire of such delinquent amount forthwith and in any case within seven days of issue of written notice by Authority, the same shall be recovered by encashment of Performance Security in which case the provisions of Clause 9 hereof shall apply in respect of replenishment of the Performance Security upon such encashment.

Appears in 1 contract

Samples: Concession Agreement

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Display of Fee rates. 23.10.1 The Concessionaire shall, 1 (one) one kilometre before the Toll Plaza, 500 (five hundred) metres before the Toll Plaza and 50 (fifty) metres before entry to the Toll Plazas, prominently display the applicable rates of Fee for information of Users approaching the Toll Plaza and shall also publish and display such other information in such manner as may be prescribed under the Fee Rules. 23.10.2 The Concessionaire shall, from time to time, inform the Authority and the Independent Engineer of the applicable Fee and the detailed calculation thereof. Such information shall be communicated at least 75(seventy five15 (fifteen) days prior to the revision of Fee under and in accordance with the Fee Rules. 23.10.3 The Concessionaire shall not revise, display or collect any amounts in excess of the rates of Fee payable under the Fee Rules. In the event any excess amounts are collected by or on behalf of the Concessionaire, it shall, upon receiving a notice to this effect from the Authority, refund such excess amounts to the Authority along with Damages equal to 25% (twenty five per cent) thereof, and in the event of nonnon –payment by Concessionaire of such delinquent amount forthwith and in any case within seven days of issue of written notice by Authority, the same shall be recovered by encashment of Performance Security in which case the provisions of Clause clause 9 hereof shall apply in respect of replenishment of the Performance Security upon such encashment.

Appears in 1 contract

Samples: Concession Agreement

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