For Phase. I-B of the Agreement, with a maximum term of 36 (thirty-six) months from the Effective Date of the Agreement, the Concessionaire shall make the necessary investments to adjust the infrastructure and to restructure the service level in order to provide the permanent systems that enable the provision of adequate service to Users, as follows:
6.16.1 Increase airport passenger and baggage handling capacity, including aircraft movement area, passenger terminal, vehicle parking lot, associated land routes and other supporting infrastructures, in order to provide adequate area and equipment for processing in the airport at least the departure and arrival demand equivalent to 1.3 times the amount of seats offered by the aircraft representing the greatest capacity of passengers having commercial flights operated at the airport, in the 12 (twelve) months period between the 23rd (twenty-third) and the 34th (thirty-fourth) month of the concession, on departure and arrival, or 1.3 (one point three) times the amount of seats offered simultaneously.
For Phase. I-B of the Agreement, with a maximum term of 36 (thirty-six) months from the Effective Date of the Agreement, the Concessionaire shall make the necessary investments to adjust the infrastructure and to restructure the service level in order to provide the permanent systems that enable the provision of adequate service to Users, as follows:
6.20.1 Increase airport passenger and baggage handling capacity, including aircraft movement area, passenger terminal, vehicle parking lot, associated land routes and other supporting infrastructures, in order to provide adequate area and equipment for processing in the airport at least the passengers demand in the Peak Hour calculated in the 12 (twelve) months between the 23rd (twenty-third) and the 34th (thirty-fourth) month of the concession, on departure and arrival.
6.20.2 The investments necessary to comply with the requirements of item 6.20.1 shall be executed observing compliance with the Minimum Sizing Parameters, Service Quality Indicators and other rules set forth in the Agreement and its Annexes, and shall be fully operational by the end of Phase I-B.
For Phase. 2 Services, Owner shall pay Design-Builder in accordance with Article 7 of the General Conditions of Contract a contract price (“Contract Price”) equal to the Lump Sum amount set forth in Section 7.2 hereof or in the Contract Price Amendment, or equal to the Design-Builder’s Fee (as defined in Section 7.4 hereof) plus the Cost of the Work (as defined in Section 7.5 hereof), subject to any GMP established in Section 7.6 hereof or as set forth in the Contract Price Amendment and any adjustments made in accordance with the General Conditions of Contract.
For Phase. 2 of the Project, the Contract Awarder shall issue a formal written notice to the Contractor to commence the Works (hereinafter referred to as the "Notice to Proceed"), whereupon the Contractor shall forthwith mobilize its personnel and belongings necessary for the due performance of Phase 2 of the Project.
For Phase. 1 and Phase 1 Option: A Firm Fixed Price (as defined in Section 2.1 of Annex II to the GCC).
For Phase. 2: A Ceiling Price to be converted into a Firm Fixed Price (as defined in Section 3 of Annex II to the GCC). It is the joint intention of the Customer and ESA that this conversion will be made before completion of the preceding Phase 1 (and after submission by the Customer to ESA of a proposal to this effect, including ESA forms PSS-A2, PSS-A8, and A15). This Ceiling Price is deemed to include (i) price escalation for the period in which the work is scheduled to be performed and (ii) all applicable fees for licences to be purchased and delivered under the Contract. The Ceiling price assumes (i) critical payload performance is demonstrated in phase 1, (ii) EU to UK exchange rates do not vary by more than 20% between EDC and conversion of phase 2 price conversion and (iii) to the payload computer procurement does not total to more than €1.5M. In order to assist the Customer to effect the conversion of the aggregate Ceiling Price to a Firm Fixed Price under the ESA Contract, the Contractor shall provide to the Customer (i) a draft proposal for the conversion of its ceiling price to a firm fixed price no later than -one (1) months- before S-PDR followed by (ii) a binding proposal for the conversion of its ceiling price to a firm fixed price -one week after- closure of S-PDR, which binding proposal shall inter alia provide justification for any price delta from the draft proposal. Any proposed changes accepted by the Customer shall be introduced into this Contract by means of Contract Change Note prior to the initiation of Phase 2.
