Examples of Certificate of Commencement of Construction in a sentence
If the Termination occurs from the execution of the XXXX Certificate of Commencement of Construction until the Certificate of Commencement of Operation, the expenses paid in advance for insurance and letters of guarantee, which have not yet been accrued in the current fiscal year, are recognized.
The Supervisor shall design the commissioning tests in accordance with the Basic Technical Specifications of the Services, the Definitive Engineering Studies, the applicable good practices and the Applicable Laws and Provisions, as well as the proposed implementation schedule, and shall submit them to the GRANTOR until the expiration of the sixteen (16) month term as from the execution of the Certificate of Commencement of Construction.
No later than seventy-five (75) Calendar Days prior to the execution of the XXXX Certificate of Commencement of Construction: Construction and erection all risk insurance.
The CONCESSIONAIRE is obliged to contract and maintain in force, as from the signing of the Certificate of Commencement of Construction, an all risk insurance policy called CAR (Construction All Risk), which considers Basic coverage ("A") and others in accordance with the coverages usually used in the insurance market for this type of activities.
For this purpose, the CONCESSIONAIRE shall submit to the GRANTOR, with a copy to the Supervisor, the Service Operation Manuals no later than twelve (12) months after the execution of the Certificate of Commencement of Construction, under penalty of the application of any penalties that may apply.