Common use of Payment of Bid Project Cost Clause in Contracts

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.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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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.

Appears in 1 contract

Samples: Draft Concession Agreement

Payment of Bid Project Cost. 23.3.1 4021.2.1. 50% (forty fifty per cent) of the Bid Project Cost , adjusted for the Price Index Multiple, shall be due and payable to the Concessionaire in 10 3 (tenthree) equal installments of 4% (four per cent) each unequal instalments 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 Bidder21.3.

Appears in 1 contract

Samples: Escrow Agreement

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Payment of Bid Project Cost. 23.3.1 4050% (forty fifty per cent) of the Bid Project Cost , adjusted for the Price Index Multiple, shall be due and payable to the Concessionaire in 10 5 (tenfive) equal installments of 410% (four Ten 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.

Appears in 1 contract

Samples: Draft Concession Agreement

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