Mobilization Advance definition

Mobilization Advance means advance payment of three months in lieu of services to be provided in future after submission of bank guarantee duly valid till the clearance of the advance payment in subsequent invoices.

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Mobilization Advance means an amount equivalent to 10% of the Bid Project Cost for Garden Reach Facilities, Tolly‟s Nallah Facilities, that is to be paid in advance to the Concessionaire for mobilization and execution of the construction works in accordance with Article 9.3(d). Mobilization Advance Guarantee Means Mobilisation Advance Guarantee for Garden Reach Facilities and/or Tolly‟s Nallah Facilities, as the context may require. It has the meaning ascribed to it in Article 5.21. MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation, GoI.

Mobilization Advance means the Jagjeetpur Mobilization Advance and/or the Sarai Mobilization Advance Guarantee MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation, GoI.

Examples of Mobilization Advance in a sentence

The first and second instalments of the Mobilization Advance shall be paid by the Authority within 30 (thirty) days of receipt of the respective requests in this behalf from the Concessionaire.
The Subc on tractor must assure that the duration of the Mobilization Advance Guarantee should be effective till the amount fully recovered and within 14 days as the mobilization adva nce fully refund by the Con tractor the n the Guara ntee shall be released to the Subc on tractor.
The rate of interest on the Mobilization Advance shall be equal to the average of one year MCLR of top 5 Scheduled Commercial Banks9 plus 1.25%, compounded annually.
The cost of procuring the Mobilization Advance Guarantees shall be borne solely by the Concessionaire.
The Mobilization Advance shall be deducted by the Authority in 8 (eight) equal instalments from each of the payments to be made by the Authority to the Concessionaire in accordance with the provisions of Clause 23.4 and the interest thereon shall be recovered from the 9th (ninth) and 10th (tenth) instalments.
The rate of interest on the Mobilization Advance shall be equal to the Bank Rate, compounded annually.
The Mobilization Advance Guarantees shall secure the Mobilization Advance paid to the Concessionaire in accordance with Clause 9.3(d).
Upon receipt of an extension or replacement Mobilization Advance Guarantee or on adjustment of the entire Mobilization Advance, the Jal ▇▇▇▇▇ shall return the unutilized cash security amount to the Concessionaire.
The Jal ▇▇▇▇▇ shall return the relevant existing Mobilization Advance Guarantee upon receipt of a replacement Mobilization Advance Guarantee from the Concessionaire.
The Mobilization Advance shall be deducted 9 The authority shall declare the list of Top 5 Scheduled Commercial Banks on 1st September every calendar year based on the balance sheet size as declared in their annual reports.

More Definitions of Mobilization Advance

Mobilization Advance means an amount equivalent to 10% of the Bid Project Mobilization Advance Guarantee MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation.

Mobilization Advance means the Farrukhabad Mobilization Advance and/or the Fatehgarh Mobilization Advance, as the case may be.

Mobilization Advance means the initial advance payable by PWD to the Contractor to the extent specified in Serial No 2A of Schedule 3. 4

Mobilization Advance means an amount equivalent to 10% of the Sarai Bid Project Sarai Mobilization Advance Guarantee Sarai O&M Charges means the amount required by the Concessionaire per Sarai O&M Security has the meaning ascribed to it in Clause 5.4.

Mobilization Advance means the amount specified in the Payment Schedule that is paid by way of advance by PUBLIC WORKS DEPARTMENT to the Contractor pursuant to Clause 23.

Mobilization Advance means the initial advance payable by KDA to the Contractor to the extent specified in Article 10;