BCRM definition
Examples of BCRM in a sentence
BCRM is designated as representative of the Borrower in respect of Parts A and B of the Project for the purposes of taking any action required, or permitted to be taken, under the provisions of Section 2.02 of this Agreement and Article V of the General Conditions.
The Borrower and the Association hereby agree that the obligations set forth in Sections 9.03, 9.04, 9.05, 9.06, 9.07 and 9.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) in respect of Parts A and B of the Project shall be carried out by BCRM pursuant to Section 2.03 of the Project Agreement.