Examples of Scheduled Construction Completion Date in a sentence
The relevant portions of Article 3.3 state:3.3.2 Contractor shall achieve Mechanical Completion no later than the Scheduled Mechanical Completion Date and Construction Completion no later than the Scheduled Construction Completion Date.
The Concessionaire shall in consultation with the Independent Engineer prepare and evolve, not later than 28 days prior to the Scheduled Construction Completion Date, a draft Operation and Maintenance Manual (“O&M Manual”) providing the detailed plan for regular and preventive maintenance of the Ecotourism & Adventure Park.
In the event that Construction Completion Date is not achieved by the Scheduled Construction Completion Date, unless the delay is on account of reasons solely attributable to the Concessioning Authority or due to Force Majeure, the Concessioning Authority shall encash 5% of the Performance Security amount per month, for a maximum period of 6 (six) months after which Concessioning Authority shall be entitled to terminate this Agreement.
The Annual Fee is payable throughout the Concession Period commencing from Commercial Operations Date / Scheduled Construction Completion Date, whichever is earlier and shall be escalated by 5% every year throughout the Concession Period.
Therefore, the Parties have agreed to quantify and to agree upon such damages in advance.3.3.3 In the event Contractor fails to achieve (a) Mechanical Completion by the Scheduled Mechanical Completion Date or (b) Construction Completion by the Scheduled Construction Completion Date, in either case, Contractor agrees to pay Covanta as liquidated damages (and not as a penalty nor subject to any proof of such loss)Contract art.
The Concessionaire will be required to design, finance, construct and complete the Facilities on or prior to the Scheduled Construction Completion Date, in accordance with the Concession Agreement.
The Concessionaire shall in consultation with the Independent Engineer prepare and evolve, not later than 28 (twenty eight) days prior to the Scheduled Construction Completion Date, a draft Operation and Maintenance Manual (“O&M Manual”) providing the detailed plan for regular and preventive maintenance of the Circuit House.
If the Independent Engineer reasonably determines that the rate of progress of the construction of the Bus Terminal Facility is such that the Construction Completion is not feasible on or before the Scheduled Construction Completion Date, it shall so notify the Concessionaire.
RSBTDA shall ensure that an O&M Steering Committee, comprising of one person nominated by the RSBTDA, an officer nominated by Transport Commissioner, one representative of the GoR, who may be a Superintending Engineer of PWD or his nominee not below the rank of Executive Engineer, PWD and one person nominated by the Concessionaire (the “O&M Steering Committee”), is established one month prior to the Scheduled Construction Completion Date or date of Construction Completion, whichever is earlier.
The end of 18th month from the Effective Date shall be the Scheduled Construction Completion Date (the “Scheduled Construction Completion Date”) for completion of construction and the Concessionaire agrees and undertakes that an Old Age Home in accordance with the specifications mentioned in Schedule D shall be ready on or before the Scheduled Construction Completion Date.