Common use of Infrastructure Development Clause in Contracts

Infrastructure Development. A construction agreement shall be executed between Party “A” & Party “B” for infrastructure development as per PEC/FIDIC guidelines. That Party ‘B’ shall be obligated to undertake infrastructure development of the housing scheme as per the approved layout plan and services design, in accordance with local/municipal bye laws and standards of concerned development authority, by a contractor/firm/agency of adequate / requisite financial and technical profile as per PEC/FIDIC guidelines. All bids in respect of design, engineering, construction / supervision would be invited by Party ‘B’ and submitted to Party ‘A’ alongwith detail analysis / comparative statement for its concurrence / final approval. Party ‘B’ will follow PEC rules / guidelines and will use PEC prescribed documents for award of development works including FIDIC / PEC construction agreement. The party ‘B’ shall be responsible for the following: i. ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ development, landscaping, retaining walls, main entry gate, culverts, bridges, electrification, water supply system including water lines and sewerage, sui gas lines as per approved layout plan and services design. ii. The infrastructure will also be in conformity to required parameters as notified by the concerned municipal authority / utility organization. iii. Storm water disposal with required gradient as per soil condition in open shall be ensured with mechanism to stop bulk flow during heavy rain / flood season. iv. The laying of main sewerage lines for the scheme up to Sewerage Treatment Plant of Party A in conformity with EPA/ PEPA etc. requirements. v. The laying of underground electrification network (if Topography permits) with street lights from grid station of party A within scheme area shall be established through relevant authority e.g. IESCO etc. following their prevailing standards. vi. The laying of main Sui Gas lines shall be ensured as per number of plots and/ or apartment/ flat units. vii. The laying of main water supply line, development/installation of tube ▇▇▇▇▇ with provision of under-ground water tank and overhead tank both with required capacity as per number of plots and/ or apartment/ flat units. viii. Connection / design for main supply of electricity, sui gas and other related approvals etc from concerned authorities shall be obtained from concerned department with related fees / securities / duties etc by party A. The related fees and charges to these authorities shall also be paid by party A. ix. The area for all necessary amenities shall be secured and marked for better future planning. x. Party ‘B’ shall be entitled for all advances including 15% mobilization advance as per PEC/FIDIC guidelines to be enshrined in the construction agreement to be executed between Party “A” & Party “B” depending upon the area mutated for the housing scheme and/ or apartment/ flat project.

Appears in 1 contract

Sources: Memorandum of Understanding (Mou)

Infrastructure Development. A construction agreement shall be executed between Party “A” & Party “B” for infrastructure development as per PEC/FIDIC guidelines. That Party ‘B’ shall be obligated to undertake infrastructure development of the housing scheme as per the approved layout plan and services design, in accordance with local/municipal bye laws and standards of concerned development authority, by a contractor/firm/agency of adequate / requisite financial and technical profile as per PEC/FIDIC guidelines. All bids in respect of design, engineering, construction / supervision would be invited by Party ‘B’ and submitted to Party ‘A’ alongwith detail analysis / comparative statement for its concurrence / final approval. Party ‘B’ will follow PEC rules / guidelines and will use PEC prescribed documents for award of development works including FIDIC / PEC construction agreement. The party ‘B’ shall be responsible for the following: i. ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ development, landscaping, retaining walls, main entry gate, culverts, bridges, electrification, water supply system including water lines and sewerage, sui gas lines as per approved layout plan and services design. ii. The infrastructure will also be in conformity to required parameters as notified by the concerned municipal authority / utility organization. iii. Storm water disposal with required gradient as per soil condition in open shall be ensured with mechanism to stop bulk flow during heavy rain / flood season. iv. The laying of main sewerage lines for the scheme up to Sewerage Treatment Plant of Party A in conformity with EPA/ PEPA etc. requirements. v. The laying of underground electrification network (if Topography permits) with street lights from grid station of party A within scheme area shall be established through relevant authority e.g. IESCO etc. following their prevailing standards. vi. The laying of main Sui Gas lines shall be ensured as per number of plots and/ or apartment/ flat unitsplots. vii. The laying of main water supply line, development/installation of tube ▇▇▇▇▇ with provision of under-ground water tank and overhead tank both with required capacity as per number of plots and/ or apartment/ flat unitsplots. viii. Connection / design for main supply of electricity, sui gas and other related approvals etc from concerned authorities shall be obtained from concerned department with related fees / securities / duties etc by party A. The related fees and charges to these authorities shall also be paid by party A. ix. The area for all necessary amenities shall be secured and marked for better future planning. x. Party ‘B’ shall be entitled for all advances including 15% mobilization advance as per PEC/FIDIC guidelines to be enshrined in the construction agreement to be executed between Party “A” & Party “B” depending upon the area mutated for the housing scheme and/ or apartment/ flat projectscheme.

Appears in 1 contract

Sources: Memorandum of Understanding