Template Project Agreement definition

Template Project Agreement means the relevant form of agreement set out at Sections 1 and 2 of Schedule 7 (Template Project Agreements);
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Template Project Agreement means the template form of agreement contained in
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Examples of Template Project Agreement in a sentence

  • The Template Project Agreement envisages that the FCP will set out all requirements and obligations in relation to the development, nature, principles and performance of the completion tests to be performed to enable certification of completion to take place.

  • This Template Project Agreement should be amended as necessary to reflect any particular project arrangements.

  • The Template Project Agreement assumes that each of the Authority and hubco will undertake inspection and commissioning activities both prior to and after completion.

  • It shall be a principle of the Market Testing Proposal that, unless otherwise agreed by the parties (such agreement not to be unreasonably withheld or delayed), the allocation of risk to the Preferred Tenderer, if appointed to act as a Project Service Provider, shall be substantially in accordance with the terms of the relevant Template Project Agreement.

  • The relevant Template Project Agreement shall be amended to reflect any changes as agreed.

  • In October 2007, the NDFA revised the Template Project Agreement to take into account changes in the Insurance market.

  • Currently the NDFA are undertaking a complete review of the Template Project Agreement to reflect recent changes in the UK Treasury’s publication “Standardisation of PFI Contracts” (SoPC 4) based on recent UK PFI experience and to incorporate the experience gained from recent PPP projects in Ireland.

  • The Template Project Agreement includes a Risk Allocation Matrix specifying which risks are transferring entirely to the private sector, which risks remain with the State and which risks are shared.

  • The Template Project Agreement provides that the State should always receive a minimum of 50% of any such savings.

  • The Template Project Agreement is reviewed on a regular basis to reflect market changes and lessons learned from previous PPP projects.