DRAFT CONCESSION AGREEMENT FORConcession Agreement • August 12th, 2016
Contract Type FiledAugust 12th, 2016TABLE OF CONTENTS ARTICLE 1 - DEFINITIONS AND INTERPRETATION 3 ARTICLE 2 - SCOPE OF THE PROJECT 18 ARTICLE 3 - GRANT OF CONCESSION 21 ARTICLE 4 - CONDITIONS PRECEDENT 23 ARTICLE 5 - OBLIGATIONS OF THE CONCESSIONAIRE 27 ARTICLE 6 - OBLIGATIONS OF THE AUTHORITY 36 ARTICLE 7 - REPRESENTATIONS AND WARRANTIES 39 ARTICLE 8 - DISCLAIMER 42 ARTICLE 9 - PERFORMANCE SECURITY 43 ARTICLE 10 - RIGHT OF WAY 45 ARTICLE 11 - UTILITIES 47 ARTICLE 12 - CONSTRUCTION OF THE ADDITIONAL PROJECT FACILITIES 48 ARTICLE 13 – MONITORING OF CONSTRUCTION 51 ARTICLE 14 - COMPLETION CERTIFICATE 55 ARTICLE 15 – COMMERCIAL OPERATIONS 57 ARTICLE 16 – CHANGE OF SCOPE 58 ARTICLE 17 – OPERATION AND MAINTENANCE 61 ARTICLE 18 – SAFETY REQUIREMENTS 76 ARTICLE 19 – MONITORING OF OPERATION AND MAINTENANCE 77 ARTICLE 20 – INDEPENDENT ENGINEER 78 ARTICLE 21 – FINANCIAL CLOSE 80 ARTICLE 22 – PAYMENTS 81 ARTICLE 23 – ESCROW ACCOUNT 86 ARTICLE 24 – INSURANCE 87 ARTICLE 25 – ACCOUNTS AND AUDIT 90 ARTICLE 26 – FORCE MAJEURE 92 ARTI
DRAFT CONCESSION AGREEMENTConcession Agreement • August 11th, 2016
Contract Type FiledAugust 11th, 2016THE COIMBATORE CITY MUNICIPAL CORPORATION, established under the [•], represented by its Commissioner and having its principal offices at [•] (hereinafter referred to as the “Authority” which expression shall, unless repugnant to the context or meaning thereof, include its administrators, successors and assigns);