Private entities definition
Examples of Private entities in a sentence
The Division has determined that this is a contract for financial assistance, and therefore is subject to reporting requirements described on the attached Notice of Certain Reporting and Audit Requirements, Attachment C (Private entities only).
Private entities must comply with the requirements of 49 CFR Part 37 applicable to public entities with which they contract to provide public transportation services.
The maximum level of advance payment shall be linked to the type of project promoter: Type of project promoter First advance payment Interim payments Final payment Public entities 30% 70% - Private entities 30% 60%* 10%* *Based on reimbursement of incurred expenditure The first advance instalment shall be paid following the signature of the project contract.
Private entities that partner with the State shall make appropriate contributions of funds or resources, including, but not limited to, knowledge transfer and education activities, software licensing, hardware and technical infrastructure resources, personnel resources, and such other appropriate resources as agreed upon by the parties.
The maximum level of advance payment shall be linked to the project duration as follows: Project implementation duration Advance payment Maximum value of interim payments Final payment Public entities ≤18 Months 50% 50% N/A >18 Months 25% 75% N/A Private entities ≤18 Months 50% 40% 10% >18 Months 25% 65% 10% The first advance instalment shall be paid following the signature of the project contract.