PIDB definition
Examples of PIDB in a sentence
The Punjab Infrastructure Development Board (PIDB) has been entrusted by the Authority to select the Operator for Operation and Maintenance of Container Freight Station (CFS) (The Project Facilities) at, Plot ▇▇.
However, income tax at source shall be deducted by PIDB at the applicable rate while making the payment of the monthly cash consideration amount.
Towards consideration for satisfactorily executing the Scope of Work as per Clause 1, PIDB shall pay lump sum cash consideration to the Contractor at the rate of Rs. (Rupees ) per month.
PIDB at its sole discretion, shall be entitled to appropriate the Performance Security deposit either fully or partially, if in the opinion of PIDB, the Contractor fails to satisfactorily perform any of its obligations listed out in Sub-clauses (i) to (x) of Clause 1 or in Sub-clause (ii) of Clause 3.
The cash consideration amount shall be paid by PIDB by way of an account payee cheque in favour of the Contractor on a monthly basis.
PIDA , PuB[▇▇▇, nA1, nA2] PIDB, PuA[IDB, nB1, nB2], MACB To be continued ….
However, the requisite fees, if any, payable to the authorities at the prescribed rates for obtaining such approvals/ permissions will be reimbursed to the Contractor by PIDB against furnishing proper proof of payment.
Mending at its cost, any damage caused to the office premises of PIDB or to the underlying property during loading, unloading, lifting, installation etc.
Further, the Contractor shall mend at its cost, any damage caused to the office premises of PIDB or to the underlying property during the un-installation, removal, loading etc.
However, if due to any unavoidable circumstances, PIDB /GoP passes an order of not carrying out further activities for any particular Bridge, the Contract Price shall be reduced accordingly.