Common use of Power of the Authority to undertake works Clause in Contracts

Power of the Authority to undertake works. 16.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 and 16.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percent) thereof. 16.5.2 The works undertaken in accordance with this Clause 16.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project Highway. The provisions of this Agreement, insofar as they relate to Construction Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.5.

Power of the Authority to undertake works. 16.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 and 16.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percent) thereof. 16.5.2 The works undertaken in accordance with this Clause 16.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project Highway. The provisions of this Agreement, insofar as they relate to Construction Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.5. $ The Authority shall transfer 75% (seventy five percent) of the amount so received to the first ranked bidder whose bid shall have been matched by the Concessionaire.

Power of the Authority to undertake works. 16.5.1 15.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 15.2 and 16.315.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$Authority18, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percentper cent) thereof. 16.5.2 15.5.2 The works undertaken in accordance with this Clause 16.5 15.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project HighwayProject. The provisions of this Agreement, insofar as they relate to Construction Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.515.5.

Power of the Authority to undertake works. 16.5.1 15.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 15.2 and 16.315.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$Authority17, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percentper cent) thereof. 16.5.2 15.5.2 The works undertaken in accordance with this Clause 16.5 15.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project HighwayProject. The provisions of this Agreement, insofar as they relate to Construction Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.515.5.

Power of the Authority to undertake works. 16.5.1 15.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 15.2 and 16.315.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$Authority, and Draft Concession Agreement thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percentper cent) thereof. 16.5.2 15.5.2 The works undertaken in accordance with this Clause 16.5 15.5 shall conform to the Specifications applicable specifications and Standards standards and shall be carried out in a manner that minimises minimizes the disruption in operation of the Project HighwayProject. The provisions of this Agreement, insofar as they relate to Construction Works construction works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.515.5.

Power of the Authority to undertake works. 16.5.1 15.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 15.2 and 16.315.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; [provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$Authority, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percentper cent) thereof.] 16.5.2 15.5.2 The works undertaken in accordance with this Clause 16.5 15.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project HighwayProject. The provisions of this Agreement, insofar as they relate to Construction Equipping Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.515.5.

Power of the Authority to undertake works. 16.5.1 15.5.1 Notwithstanding anything to the contrary contained in Clauses 16.2 15.2 and 16.315.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award such works or services to any person on the basis of open competitive bidding; provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$Authority19, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percentper cent) thereof. 16.5.2 15.5.2 The works undertaken in accordance with this Clause 16.5 15.5 shall conform to the Specifications and Standards and shall be carried out in a manner that minimises the disruption in operation of the Project HighwayProject. The provisions of this Agreement, insofar as they relate to Construction Works and Tests, shall apply mutatis mutandis to the works carried out under this Clause 16.515.5.