PIU. The Contracting Authority shall ensure the establishment and existence of a PIU, where one of the members will be a representative of the Ministry of Finance and Economy, which will be the representative of the Contracting Authority and a contact point for the Concessionaire, and will ensure the Project's successful implementation. The Contracting Authority shall staff the PIU with the right technical and administrative employees. The PIU costs and expenses shall be paid by the Contracting Authority.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement