Common Contracts

Contract

July 9th, 2020

• Filed
  July 9th, 2020

Sl.No. Cl. No. /Reference Model EPC Latest Amended Provision 1 Agreement Format Foot note 3: Refers to the single entity or the lead member of the consortium/joint venture, which is the selected bidder under the RFP. Footnote 3: Refers to the single entity or the consortium/ joint venture, which is the selected bidder under the RFP. 2 New Clause “1.2.1(y)” -- (y) Asian Development Bank (ADB) is the financing institution which has provided funds toward a part of the cost of the Project. Payments by the ADB will be made only at the request of the Recipient (Ministry of Road Transport and Highways, Government of India) of the funds and upon approval by the ADB in accordance with the terms and conditions of the financing agreement (Loan Agreement) and will be subject in all respects to the terms and conditions of that Loan Agreement. No party other than the Recipient shall derive any rights from the Loan Agreement or have claim toany funds. 3. Clause1.4.1 (b) Please insert the following