INSPECTION AND EVALUATION OF PERFORMANCE OF OPERATOR. 15.3.1 The Authority/ Authority’s Representative shall inspect and assess the Project at least once a week. It shall make a report of such inspection (the “O&M Inspection Report”) stating in reasonable detail the defects and deficiencies, if any, with particular reference to the Operation and Maintenance Standards, and send a copy thereof to the Operator within 7 (seven) days of such inspection; 15.3.2 The Authority shall review the O&M Inspection Report and the performance of the Operator based on parameters indicated in Schedule X; 15.3.3 The Operator shall be liable to pay Damages to the Authority for non-performance. The Damages for non-compliance to service standards and poor performance are specified as part of Schedule X; 15.3.4 The Operator shall have to pay the applicable amount of Damages within first 7 (seven) days of the month following the month in which the Damages have been levied and in case Damages are not paid by the Operator within the above said period, then the same shall be deducted from any payment of O&M Fee to be made to the Operator by the Authority and/ or appropriated from the Performance Security of the Operator.
Appears in 3 contracts
Samples: City Bus Private Operation Contract, City Bus Private Operation Contract, City Bus Private Operation Contract
INSPECTION AND EVALUATION OF PERFORMANCE OF OPERATOR. 15.3.1 The Authority/ Authority’s Representative shall inspect and assess the Project at least once a week. It shall make a report of such inspection (the “O&M Inspection Report”) stating in reasonable detail the defects and deficiencies, if any, with particular reference to the Operation and Maintenance Standards, and send a copy thereof to the Operator within 7 (seven) days of such inspection;
15.3.2 The Authority shall review the O&M Inspection Report and the performance of the Operator based on parameters indicated in Schedule X;
15.3.3 The Operator shall be liable to pay Damages to the Authority for non-non- performance. The Damages for non-compliance to service standards and poor performance are specified as part of Schedule X;
15.3.4 The Operator shall have to pay the applicable amount of Damages within first 7 (seven) days of the month month, following the month in which the Damages have been levied and in case Damages are not paid by the Operator within the above said period, then the same shall be deducted from any payment of O&M Fee to be made to the Operator by the Authority and/ or appropriated from the Performance Security of the Operator.
Appears in 2 contracts
Samples: City Bus Private Operation Contract, City Bus Private Operation Contract
INSPECTION AND EVALUATION OF PERFORMANCE OF OPERATOR. 15.3.1 The Authority/ Authority’s Representative shall inspect and assess the Project at least once a week. It shall make a report of such inspection (the “O&M Inspection Report”) stating in reasonable detail the defects and deficiencies, if any, with particular reference to the Operation and Maintenance Standards, and send a copy thereof to the Operator within 7 (seven) days of such inspection;
15.3.2 The Authority shall review the O&M Inspection Report and the performance of the Operator based on parameters indicated in Schedule X;
15.3.3 The Operator shall be liable to pay Damages to the Authority for non-performance. The Damages for non-compliance to service standards and poor performance are specified as part of Schedule X;
15.3.4 The Operator shall have to pay the applicable amount of Damages within first 7 (seven) days of the month following the month in which the Damages have been levied and in case Damages are not paid by the Operator within the above said period, then the same shall be deducted from any the Monthly Bonus [and/ or Grant]45 45[Drafting Note : delete the words “and/ or Grant”, if not applicable] payment of O&M Fee due to be made to the Operator by the Authority and/ or appropriated from the Performance Security of the Operator.
Appears in 1 contract
Samples: City Bus Private Operation Contract
INSPECTION AND EVALUATION OF PERFORMANCE OF OPERATOR. 15.3.1 The Authority/ Authority’s Representative shall inspect and assess the Project at least once a week. It shall make a report of such inspection (the “O&M Inspection Report”) stating in reasonable detail the defects and deficiencies, if any, notified with particular reference to the Operation and Maintenance Standards, and send a copy thereof to the Operator within 7 (seven) days of such inspection;
15.3.2 The Authority shall review the O&M Inspection Report and the performance of the Operator based on parameters indicated in Schedule X;
15.3.3 The Operator shall be liable to pay Damages to the Authority for non-performance. The Damages for non-compliance to service standards and poor performance are specified as part of Schedule X;
15.3.4 The Operator shall have to pay the applicable amount of Damages within first 7 (seven) days of the month following the month in which the Damages have been levied and in case Damages are not paid by the Operator within the above said period, then the same shall be deducted from any payment of Actual O&M Fee to be made to the Operator by the Authority and/ or appropriated from the Performance Security of the Operator.
Appears in 1 contract
Samples: City Bus Private Operation Contract