Composite Quote definition
Examples of Composite Quote in a sentence
The Authority shall, on request of the Concessionaire, made at any time after submission of the Mobilization Advance Security, make an advance payment in a sum not exceeding 10% (ten per cent) of the EPC Quote stated in the Composite Quote (the “Mobilization Advance”).
The Composite Quote shall be paid in a staggered annuity manner during the Concession Period as per the following year-wise breakup subject to various adjustments as per the provisions of this Agreement (“Staggered Annuity Payment”).
Composite Quote shall be the aggregate of the EPC Quote and the O&M Quote submitted by the Successful Bidder as part of the financial proposal in the Bid for the entire Concession Period.