Examples of PBG in a sentence
If Customer seeks to change its group purchasing organization (“GPO”), physician buying group (“PBG”) or other price source, Customer must provide FFF with not less than thirty (30) days prior written notice of such change to allow FFF to load the pricing from the new GPO, PBG or other price source.
The successful bidder will be required to furnish Performance Bank Guarantee of Rs. 5 lakhs per MW to TGREDCO in the format to be provided by TGREDCO within 10 days from the date of issue of LOA The PBG will be returned to the SPG by TGREDCO after 6 months of successful commissioning of the Solar Plant after taking into account / recovery of Liquidated Damages if any due to delay in commissioning of the plant as provided in the PPA.
The PBG shall initially be valid for a period of 15 Months from the date of issue of LOA with a claim period of 3 months thereafter.
It shall be the responsibility of selected bidder to get the PBG extended and it shall remain valid till 6 months after the date of commissioning of project.