Examples of FBR in a sentence
Schedule N [Form of Operations Bond] To: FBR Representative, Guarantee No (hereinafter referred to as the “Guarantee”) Dated: ........................................
FBR will issue a Letter of Intent (LOI) to negotiate the final Concession Agreement terms with the Successful Bidder.
The Concessionaire shall through Independent Engineer and where required through Independent Auditor shall provide all data, designs, construction designs and milestones shall provide to the FBR for approval (which approval shall not obligate the FBR to incur any Projects risks).
Monitor, obtain information from Contractors (as relevant) and report to the FBR and the Concessionaire on the status and progress of the permits applied for in relation to the Project.
During this phase the Concessionaire shall keep FBR well posted of its activities / correspondence with potential lenders / financial institutions.