Examples of Annual Concession Fee in a sentence
The Project is proposed to be implemented on a DBFOT basis for a Concession Period on an Upfront Fee cum Annual Concession Fee model.
Annual Concession Fee for the first year at the rate of 2% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the date of execution of the Concession Agreement.
The Project will be awarded to the Bidder quoting the highest Annual Concession Fee.
Annual Concession Fee shall be at the rate of 1% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the Schedule Completion Date.
Annual Concession Fee shall be payable by the Concessionaire to the Authority, as the case may be, as per the terms and conditions of the RFP and the provisions of the Concession Agreement.