Examples of P3 agreement in a sentence
The HPTE may initiate limited negotiations or recommend execution of the P3 agreement without negotiations.
The HPTE will inform the preferred proposer that it has been selected by written notice and initiate the finalization of the terms of the P3 agreement.
The HPTE will deliver notice to the preferred proposer and the preferred proposer will proceed to execute and deliver the P3 agreement.
A well-structured P3 agreement can reduce demands on constrained public budgets, help ensure timely project delivery, as well as result in lower life-cycle costs of the project in the long run in case a long-term concession agreement is considered.
A P3 agreement may encompass certain revenues, including those collected by the partner on behalf of the Government.
P3 agreement which permits levy of royalty only for the use of water, which also should be based on the quantity of water as assessed by applying the formula specified in Clause 15 thereof and not on the quantity of energy generated.
The Comprehensive Agreement (“CA”) is a public-private partnership (P3) agreement, in this instance providing for the development, design, and construction of Fire Rescue Station No. 88 by the selected proposer and contractor, Kaufman Lynn Construction, Inc.
Neither the District of Columbia government, nor any agency, officer, employee, or agent of the District of Columbia government, shall be liable for, or reimburse, the costs that may be incurred by proposers either solicited or unsolicited, whether selected or not as the private sector partner, for negotiations, in developing and submitting proposals or in negotiating the P3 agreement.
Efficient and established procurement methods are another key factor in a successful P3 agreement.
Canada’s experience demonstrates that generating strong political support at the provincial and municipal level, along with established P3 legislation, is a key step towards successfully procuring a project, such as the UHSGT project, under a P3 agreement.