Provisional Completion Certificate definition
Examples of Provisional Completion Certificate in a sentence
The IE shall take prior approval of NHAI before issuing Provisional Completion Certificate and Completion Certificate.
The Independent Engineer shall appoint senior most technical director or equivalent as its authorized representative, who shall correspond with the NHAI besides Team Leader to monitor the performance of its staff, undertake quarterly site inspections and give a report to NHAI on such inspection for comments and suggestions of NHAI for future compliance, issue on behalf of the IE, the Provisional Completion Certificate and Completion Certificate and shall carry out any such task as may be decided by NHAI.
The Contractor shall notify to the Employer along with As-built Drawings and Inventory List to issue the Provisional Completion Certificate and take over the Works when he considers that the Works are completed.
In case of minor defects/ outstanding Works, the Employer at its sole discretion, may take over the Works and issue the Provisional Completion Certificate after obtaining a written undertaking from the Contractor to rectify the punch list items/ outstanding Works during the Defects Liability period.
The Provisional Completion Certificate was obtained from Independent Consultant on 4 December2013 and accordingly started Toll collection from 20 December 2013Edelweiss Asset Reconstruction Company Limited, Financial Creditor, filed the petition against the company for default of its outstanding dues, under section 7 of Insolvency and Bankruptcy Code, 2016.
The Contractor shall for a period stated in the Contract Data from the date of issue of the Provisional Completion Certificate carry out, at no cost to the Employer, repair and rectification work which is necessitated by the earlier execution of poor quality of work or use of below specifications material in the execution of Works and which is so identified by the Employer/Engineer in writing within the said period.
In such an eventuality, the Independent Engineer may issue, subject to the terms of this Agreement, to the Concessionaire a Provisional Completion Certificate for the Project in a form set out in Schedule AA [Format of Provisional Completion Certificate].
Upon issue of Provisional Completion Certificate, the Concessionaire can start the commercial operations.
Provided, notwithstanding that certain works or things forming part of Construction Works related to Project Facilities are not complete and if following the Tests, the Independent Engineer determines that the Project Facilities can be safely and reliably opened for operations, the Independent Engineer may issue Provisional Completion Certificate to the Concessionaire.
All Punch List items shall be completed by the Concessionaire within such time as may be determined by the Independent Engineer, but not exceeding 30 (thirty) days from the date of issue of the Provisional Completion Certificate.