Examples of DBFM in a sentence
In addition to EPC services, BESIX is active in real estate development and holds concessions in several Public Private Partnerships (PPP) and design, build, finance, and maintain/operate (DBFM) contracts, through which it develops, operates and maintains projects.
A failure to do this could result in legal action being taken by the Local Authority.
Note that DBFM is an acronym for Design, Build, Finance & Maintain and that D&B is an acronym for Design & Build.
DBFM Co shall, as between itself and the Authority, be responsible for the selection, pricing, performance, acts, defaults, omissions, breaches and negligence of all DBFM Co Parties.
DBFM Co must provide the Authority with such information as the Authority reasonably requests for the purpose of making claims for losses due to malicious damage, under the Operational Insurances.
All references in this Agreement to any act, default, omission, breach or negligence of DBFM Co shall be construed accordingly to include any such act, default, omission, breach or negligence of a DBFM Co Party.
Specifically, it will investigate the vulnerabilities to two types of adversaries currently not mitigated in threat models to anony- mous communication.
Following resolution of the dispute, any amount agreed or determined to have been payable shall be paid forthwith by the Authority to DBFM Co, together with interest on such amount calculated in accordance with Clause 34.5 (Late Payments).
Without prejudice to Clauses 40 (DBFM Co Event of Default), 42 (Authority Voluntary Termination), 46 (Compensation on Termination) and 47 (Consequences of Termination) the Authority shall not be entitled to claim liquidated or general damages in respect of any delay which elapses between the Completion Date [Phase Completion Date] and the Actual Completion Date [relevant Phase Actual Completion Date].
The project will be delivered under a Design Build Finance Maintain (DBFM) service contract with a 25 year term.