Private Sector Participant definition

Private Sector Participant means any person other than a public agency or the Central Government or a public sector undertaking of the Central Government;

Private Sector Participant means any person other than Central Government or State Government or Government Agency or any joint venture between Central Government or State Government Departments or any Statutory Body or Authority or Local Authority or any corporation or Company in which Central Government or State Government or Government Agency, Statutory Body or Authority or local body is holding not less than 51% paid-up share capital.

Private Sector Participant means any Person other than a Public Sector Participant;

Examples of Private Sector Participant in a sentence

• In order to ensure optimum utilization of funds deployed and proper creation and maintenance of assets, it is desirable to explore the option of Build-Own-Operate-Transfer (BOOT) contracts wherein the long-term commitment of the Private Sector Participant (PSP) would be ensured due to continued deployment of his own funds.

• The child’s relationship screen must be accurate prior to submitting the application.

• In such event, BCDA shall consider the private sector participant with the next ranked complying proposal as the Winning Private Sector Participant, and notify said private sector participant accordingly.

• Under Para 29 of the New Infrastructure Policy ’07, GoK invites a Private Sector Participant to submit a suo-moto/ innovative proposal (Original Proposal) to GoK/ GoK Agency for setting up an Infrastructure Project.

• Through this route Govt seeks to derive the following benefits of a Private Sector Participant: • Initiative in spotting a public need which has not been identified and specific solutions have not been defined by GoK.

• The "Notice of Award" to be issued by the BCDA shall contain, among others, an instruction to the Winning Private Sector Participant to comply with conditions precedent for the execution of the JV Agreement and to submit compliance statements with regard thereto, within thirty (30) calendar days from receipt of the "Notice of Award" unless otherwise specified or extended by BCDA.

• A Public notice inviting Private Sector Participant to participate in competitive public bidding to undertake the project shall be published, in the manner as may be prescribed in the Regulations.

• An improved skill due to varying extratropical SSTs (OBS-TROPICS compared to CLIM- TROPICS) is found over large parts of the NH where skill is observed from the Tropics anyway (CLIM-TROPICS), and additional significant prediction skill arises in the Greenland- Norwegian Sea region.

• As per the A.P. Infrastructure Development Enabling Act, 2001, "Swiss Challenge Approach” may be followed, when a Private Sector Participant (Original Project Proponent) submits an Unsolicited or Suo-Motu proposal and draft contract principles for undertaking an IT Project, not already initiated by the Government Agency or theLocal Authority, duly following the provisions of the said Act.

• The determination of “Public Need” shall be taken by the relevant administrative department after considering (a) Common use and needs of the community; (b) Appropriateness of the project in relation to the development plans drafted already, under implementation or under discussion by/ in the department concerned; and (c) Possibility of the project otherwise not being taken up.Suo-Moto Proposal: Means an infrastructure proposal submitted by a Private Sector Participant "on its own motion".

More Definitions of Private Sector Participant

Private Sector Participant means any person other than, -

Private Sector Participant means any person other than a Government agency, or local Authority or the Central Government or a public sector undertaking of the Central Government;

Private Sector Participant means a Participant in a Party, that is a person, other than a Public Sector Participant;