Remuneration of Independent Engineer Sample Clauses

Remuneration of Independent Engineer. The fee and charges of the Independent Engineer shall be paid by the Nodal Agency as per terms & conditions of appointment.
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Remuneration of Independent Engineer. ‌ 7.1 In consideration of the performance of the Services and for the general performance of the duties assumed in this IE Agreement, the Independent Engineer is entitled to a lump sum of a total amount [written in full and in numbers], as this arises according to the provisions of the IE Invitation. Any preliminary works fee is included within the price of this clause. The aforementioned fee of the IE is not subjected to escalation under any circumstance, even in the event there is an extension of the time of the Design- Construction Period. Non-binding English translation 7.2 The Independent Engineer fee (lump sum), as this applies in the IE’s financial offer (Annex I) for the performance of its duties, as they result from the IE Invitation, this IE Agreement and the Concession Agreement, includes all the fees and other expenses of the Independent Engineer for the entire Design-Construction Period, including indicatively and not limited to: (i) The fee for the execution of the Services in accordance with article 4 of this IE Agreement, the DCA and the Concession Agreement. (ii) The remuneration of all the personnel employed in the Project irrespective of their location, including social insurance contributions, in accordance with applicable law, and any food, accommodation, travel etc. (iii) Project-related costs, regardless of location, i.e. indicatively: mobilization, installation costs, office expenses, cost of consumables. (iv) Expenditure of file keeping, process approval of studies and work certifications, costs associated with quality control obligations (eg taking and keeping samples of materials and specimens, etc.). (v) Correspondence costs. (vi) Expenses for the issuance of residence & work permits for the personnel, according to the applicable legislation. (vii) Any expenses for the constitution of a joint venture or consortium. (viii) Insurance costs in accordance with the terms of article 10 of this IE Agreement and the applicable legislation. (ix) The total taxes that shall be charged to the IE under this IE Agreement. In addition to such remuneration and subject to articles 7.6 and 7.7, the Independent Engineer is not entitled to and clearly waives the right to claim or receive any additional amount. 7.3 The Company shall pay to the Independent Engineer each amount set out in the Independent Engineer's invoices issued according to the terms of this IE Agreement subject to the correction of any error or any disputed amounts which shall be ...
Sample 1

Related to Remuneration of Independent Engineer

  • Appointment of Independent Engineer The Authority shall appoint a consulting engineering firm from a panel of 10 (ten) firms or bodies corporate, constituted by the Authority substantially in accordance with the selection criteria set forth in Schedule-P, to be the independent consultant under this Agreement (the “Independent Engineer”). The appointment shall be made no later than 90 (ninety) days from the date of this Agreement and shall be for a period of 3 (three) years. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another firm from a fresh panel constituted pursuant to Schedule-P to be the Independent Engineer for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.

  • Selection of Independent Counsel for Standard of Conduct Determination If a Standard of Conduct Determination is to be made by Independent Counsel pursuant to Section 8(b)(i), the Independent Counsel shall be selected by the Board, and the Company shall give written notice to Indemnitee advising of the identity of the Independent Counsel so selected. If a Standard of Conduct Determination is to be made by Independent Counsel pursuant to Section 8(b)(ii), the Independent Counsel shall be selected by Indemnitee, and Indemnitee shall give written notice to the Company advising it of the identity of the Independent Counsel so selected. In either case, Indemnitee or the Company, as applicable, may, within five days after receiving written notice of selection from the other, deliver to the other a written objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not satisfy the criteria set forth in the definition of “Independent Counsel” in Section 1, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person or firm so selected shall act as Independent Counsel. If such written objection is properly and timely made and substantiated, (i) the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court has determined that such objection is without merit; and (ii) the non-objecting party may, at its option, select an alternative Independent Counsel and give written notice to the other party advising such other party of the identity of the alternative Independent Counsel so selected, in which case the provisions of the two immediately preceding sentences, the introductory clause of this sentence and numbered clause (i) of this sentence shall apply to such subsequent selection and notice. If applicable, the provisions of clause (ii) of the immediately preceding sentence shall apply to successive alternative selections. If no Independent Counsel that is permitted under the foregoing provisions of this Section 8(e) to make the Standard of Conduct Determination shall have been selected within twenty days after the Company gives its initial notice pursuant to the first sentence of this Section 8(e) or Indemnitee gives its initial notice pursuant to the second sentence of this Section 8(e), as the case may be, either the Company or Indemnitee may petition a court of competent jurisdiction to resolve any objection which shall have been made by the Company or Indemnitee to the other’s selection of Independent Counsel and/or to appoint as Independent Counsel a person to be selected by such court or such other person as the court shall designate, and the person or firm with respect to whom all objections are so resolved or the person or firm so appointed will act as Independent Counsel. In all events, the Company shall pay all of the reasonable fees and expenses of the Independent Counsel incurred in connection with the Independent Counsel’s determination pursuant to Section 8(b).

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