Payment of Bid Project Cost Sample Clauses

Payment of Bid Project Cost. The Parties expressly agree that the cost of construction of the Project, as on the Bid Date, which is due and payable by the Authority to the Concessionaire, shall be deemed to be Rs…………(Rupees………….) (The “ Bid Project Cost ”)£. The Parties further agree that the Bid Project Cost specified hereinabove for payment to the Concessionaire shall be inclusive of the cost of construction, interest during construction, working capital, physical contingencies and all other costs, expenses and charges for and in respect of construction of the Project, save and except any additional costs arising on account of variation in Price Index, Change of Scope, Change in Law, Force Majeure or breach of this Agreement, which costs shall be due and payable to the Concessionaire in accordance with the provisions of the Agreement. The Bid Project Cost shall be exclusive of GST, which shall be paid to the Concessionaire by the Authority at the applicable rates. For the avoidance of doubt, the Bid Project Cost specified herein represents the amount due and payable by the Authority to the Concessionaire and may be less than, equal to, or more than the Estimated Project Cost.
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Payment of Bid Project Cost. 23.3.1 40% (forty per cent) of the Bid Project Cost , adjusted for the Price Index Multiple, shall be due and payable to the Concessionaire in 10 (ten) equal installments of 4% (four per cent) each during the Construction Period in accordance with the provisions of Clause 23.4. £Bid Project Cost shall be the amount specified in the Bid of the selected Bidder. 23.3.2 The remaining Bid Project Cost, adjusted for the Price Index Multiple, shall be due and payable in 30 (thirty) biannual installments commencing from the 180th (one hundred and eightieth) day of COD in accordance with the provisions of Clause 23.6.
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Payment of Bid Project Cost. 23.3.1 40% (forty per cent) of the Bid Project Cost , adjusted for the Price Index Multiple, shall be due and payable to the Concessionaire in 10 (ten) equal installments of 4% (four per cent) each during the Construction Period in accordance with the provisions of Clause 23.4. 23.3.2 The remaining Bid Project Cost, adjusted for the Price Index Multiple, shall be due and payable in 30 (thirty) biannual installments commencing from the 180th (one hundred and eightieth) day of COD in accordance with the provisions of Clause 23.6.
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Payment of Bid Project Cost. (forty per cent) of the Bid Project Cost or the Estimated Project Cost, whichever is lower, shall be due and payable to the Concessionaire in 4 (four) equal instalments of 10% (ten per cent) each during the Construction Period in accordance with the provisions of Clause 23.4. GST as applicable shall be reckoned by the Authority at the material time of each such payment.
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Payment of Bid Project Cost. 22.1 Bid Project Cost
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Payment of Bid Project Cost. 22.2.1 [80% (Eighty per cent)] of the Bid Project Cost, shall be due and payable to the Contractor in 5 installments each during the Construction Period in accordance with the provisions of Clause22.4. Design services payment of 5% may be paid to the bidder on approval of designs, drawings, estimates etc. The Preliminary design shall be submitted with in 30days of signing the agreement and the final design including the drawings, estimates etc. shall be submitted within 90days of signing the contract. 22.2.2 The remaining 15% Bid Project Cost, shall be due and payable after the commencing from the 180th (one hundred and eightieth) day of COD.
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Payment of Bid Project Cost. 23.3.1 50% (fifty per cent) of the Bid Project Cost , adjusted for the Price Index Multiple, shall be due and payable to the Concessionaire in 10 (ten) equal instalments of 5% (five per cent) each during the Construction Period in accordance with the provisions of Clause 4 Bid Project Cost shall be the amount specified in the Bid of the selected Bidder 23.4. 23.3.2 The remaining Bid Project Cost, adjusted for the Price Index Multiple, shall be due and payable in 60 (sixty) quarterly instalments commencing from the 90th (ninetieth) day of COD in accordance with the provisions of Clause 23.6.
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Payment of Bid Project Cost. 72 23.1 Bid Project Cost 72 23.2 Adjusted Bid Project Cost 72 23.3 Payment of Bid Project Cost 72 23.4 Payment during Construction Period 73 23.5 Bonus on early completion 74 23.6 Annuity Payments during Operation Period 74 23.7 O&M Payment and Energy Charges 77 23.8 Mobilization Advance 79 ARTICLE 24 DELETED 80 ARTICLE 25 ESCROW ACCOUNT 25.1 Escrow Account 81 25.2 Deposits into Escrow Account 81 25.3 Withdrawals during Concession Period 82 25.4 Withdrawals upon Termination 82
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Related to Payment of Bid Project Cost

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Service Core Allowance The company shall pay $0.95 per hour for all work carried out in construction of service core. This allowance will be adjusted annually (effective from 1 June) in accordance with CPI movements (All Groups, Melbourne) for the preceding 12 months to March (increases to be rounded to the nearest 5 cents).

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