Selection of Independent Engineer Sample Clauses

Selection of Independent Engineer. 1.1 The provisions of Part II of the Standard Bidding Documents for Consultancy Assignments: Time Based (Volume V) issued by the Ministry of Finance, GOI in July, 1997 or any substitute thereof shall apply, mutatis mutandis, for invitation of bids and evaluation thereof save as otherwise provided herein.
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Selection of Independent Engineer. 1 Selection of Independent Engineer
Selection of Independent Engineer. The provisions of Part II of the Standard Bidding Documents for Consultancy Assignments: Time Based (Volume V) issued by the Ministry of Finance, GOI in July, 1997 or any substitute thereof shall apply, mutatis mutandis, for invitation of bids and evaluation thereof save as otherwise provided herein. The Authority shall invite expressions of interest from consulting engineering firms or bodies corporate to undertake and perform the duties and functions set forth in Schedule-Q and thereupon shortlist 10 (ten) qualified firms in accordance with pre-determined criteria. The Authority shall convey the aforesaid list of firms to the Concessionaire for scrutiny and comments, if any. The Concessionaire shall be entitled to scrutinise the relevant records of the Authority to ascertain whether the selection of firms has been undertaken in accordance with the prescribed procedure and it shall send its comments, if any, to the Authority within 15 (fifteen) days of receiving the aforesaid list of firms. Upon receipt of such comments, if any, the Authority shall, after considering all relevant factors, finalise and constitute a panel of 10 (ten) firms (the “Panel of Firms”) and convey its decision to the Concessionaire. The Authority shall invite the aforesaid firms in the Panel of Firms to submit their respective technical and financial offers, each in a separate sealed cover. All the technical bids so received shall be opened and pursuant to the evaluation thereof, the Authority shall shortlist 3 (three) eligible firms on the basis of their technical scores. The financial bids in respect of such 3 (three) firms shall be opened and the order of priority as among these firms shall be determined on the basis of a weighted evaluation where technical and financial scores shall be assigned respective weights of 80:20. Fee and expenses In determining the nature and quantum of duties and services to be performed by the Independent Engineer during the Development Period and Construction Period, the Authority shall endeavour that payments to the Independent Engineer on account of fee and expenses do not exceed 2% (two per cent) of the Total Project Cost. Payments not exceeding such 2% (two per cent) shall be borne equally by the Authority and the Concessionaire in accordance with the provisions of this Agreement and any payments in excess thereof shall be borne entirely by the Authority. The nature and quantum of duties and services to be performed by the Independent Engineer ...
Selection of Independent Engineer. The Parties may mutually agree upon the selection of the Independent Engineer. If the Parties cannot agree within ten days of Notice of the Dispute Resolution, each Party shall identify up to three (3) Acceptable, qualified Independent Engineers to form a list of up to six (6) proposed Independent Engineers. Parties shall conduct a coin toss to identify a winning Party for the purposes of proceeding with the selection process. The winning Party shall be the first Party to eliminate an Independent Engineer from the list of proposed Independent Engineers. Each Party shall take turns eliminating an Independent Engineer from the list until one (1) Independent Engineer remains. The last remaining Independent Engineer shall be the Independent Engineer selected for the dispute resolution.
Selection of Independent Engineer. (1) If pursuant to sub-clause (B) above, Buyer determines to submit Seller’s Statement to an Independent Engineer, then Buyer shall notify Seller and the Parties shall then endeavor to agree on a firm or individual to act as the Independent Engineer.
Selection of Independent Engineer. The provisions of the Model Request for Proposals for Selection of Technical Consultants, issued by the Ministry of Finance, GOI vide OM 24(23)/PF-II/ 2008 dated 21 May 2009, or any substitute thereof shall apply for selection of an experienced firm to discharge the functions and duties of an Independent Engineer. Provided, however, that no entity which is owned or controlled by the Authority shall be eligible for appointment as the Independent Engineer hereunder. In the event of termination of an Independent Engineer appointed in accordance with the provisions of Paragraph 1.1, the Authority shall appoint another firm of Technical Consultants forthwith or may engage a government-owned entity in accordance with the provisions of Paragraph 5 of this Schedule-M. The Concessionaire may, in its discretion, nominate a representative to participate in the process of selection to be undertaken by the Authority under this Schedule-M.
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