Request to Commence Operation Clause Samples

Request to Commence Operation. The Concessionaire shall submit to the Implementing Authority a Request to Commence Operation of the Highway, which will include confirmation of the satisfactory fulfillment by the Concessionaire of the following requirements: i. The Concessionaire has fully complied with the requirements set forth in Volume 11 (Design, Construction and Quality Control) and shall have obtained a Construction Completion Certificate from the Implementing Authority; ii. All permits, licenses and governmental and municipal approvals required for the Operation and Maintenance of the Project shall have been obtained, and the Concessionaire shall have delivered to the Implementing Authority a statement specifically listing each permit, license and governmental and municipal approval required and confirming that all such permits, licenses and approvals have been obtained; iii. The Implementing Authority shall have approved the nomination of the applicable personnel of the Concessionaire’s Management Team, including in accordance with the provisions of Volume 12 (Operation and Maintenance); iv. All Insurance Policies required to be obtained on or prior to the Commercial Operation Phase shall have been obtained by the Concessionaire, furnished to, and approved by the Implementing Authority in accordance with the provisions of Appendix G (Insurance); and v. All Bonds required to be obtained on or prior to the Commercial Operation Phase shall have been furnished to the State in accordance with the provisions of Section 29 (Bonds) herein; (the “Request to Commence Operation”).