Get tender documents at just ₹200 per tenderKnow More
Search made simple for latest tendersNo hidden charges. No keyword restrictionsExplore Our Plansor Pay Per Tender

1 DRAFT CONCESSIONAIRE AGREEMENT SELECTION OF CONCESSIONAIRE FOR IMPLEMENTATION AND MAINTENANCE OF LED STREET LIGHTS/LIGHTING SYSTEM AND CENTRALIZED CONTROL & MONITORING SYSTEM THROUGH PUBLIC PRIVATE PARTNERSHIP (PPP) BETWEEN 1. MANGALURU CITY CORPORATION And 2. (NAME OF SELECTED BIDDER) DATE: 2 Contents Table of Contents CONTENTS 2 AGREEMENT 6 1 DEFINITIONS AND INTERPRETATION 7 1.1. DEFINITIONS 7 1.2. INTERPRETATION 10 1.3. MEASUREMENTS AND ARITHMETIC CONVENTIONS 12 1.4. PAYMENT IN RUPEES 12 1.5. APPROVAL 12 2 CONDITIONS PRECEDENT 13 2.1. EFFECTIVENESS 13 2.2. CONDITIONS PRECEDENT 13 2.3. CONSEQUENCES OF FAILURE TO SATISFY CONDITIONS PRECEDENT 14 3 SCOPE OF THE PROJECT, GRANT OF EXCLUSIVE RIGHT AND TERM 16 3.1. SCOPE OF WORK 16 3.2. GRANT OF EXCLUSIVE RIGHT 24 3.3. RIGHTS, TITLE AND INTEREST TO PROJECT STREET LIGHTING SYSTEM 24 3.4. REMOVAL OF PROJECT STREET LIGHTS BY THE Authority 25 3.5. RIGHTS, TITLE AND INTEREST TO EQUIPMENT 25 3.6. TERM 25 4 IMPLEMENTATION PERIOD 27 4.1. COMMENCEMENT AND DURATION 27 4.2. APPLICABLE PERMITS 27 4.3. IMPLEMENTATION OF PROJECT STREET LIGHTING SYSTEM 27 4.4. DISPOSAL OF FIXTURES 27 4.5. COMMISSIONING 27 4.6. CCMS AND CONTROL ROOM 28 5 OPERATION & MAINTENANCE ACTIVITIES 29 5.1. COMMENCEMENT AND DURATION 29 5.2. O&M SERVICES 29 5.3. COMPLAINT BOOK 29 5.4. COMPLAINT REDRESSAL 29 5.5. LUX LEVEL, ILLUMINATION RATIO AND POWER FACTOR MEASUREMENTS 29 5.6. Operation and Maintenance staff and Vehicles 6 INDEPENDENT CHARTERED ENGINEER 35 7 REPRESENTATIVES OF THE PARTIES 36 3 7.1. Authority REPRESENTATIVE 36 7.2. CONCESSIONAIRE REPRESENTATIVE 36 8 REPORTING 37 A. LAMP FAILURE REPORT; 37 B. METER FAILURE REPORT; 37 C. POWER FAILURE REPORT; 37 D. SOFTWARE AND HARDWARE FAILURE REPORT; 37 E. MONITORING AND VERIFICATION REPORT. 37 9 OBLIGATIONS OF PARTIES 38 9.1. OBLIGATIONS OF THE CONCESSIONAIRE 38 9.2. OBLIGATIONS OF THE Authority 38 9.3. EMERGENCIES 39 10 EMPLOYEES AND TRAINING 40 11 PERFORMANCE SECURITY 41 11.1. PERFORMANCE SECURITY 41 11.2. APPROPRIATION OF PERFORMANCE SECURITY 41 11.3. RELEASE OF PERFORMANCE SECURITY 41 12 PAYMENT MECHANISM 42 12.1. THE CONCESSIONAIRE SHALL BE ENTITLED TO 42 12.2. INVOICING FOR EMI FEE 42 12.3. DEFAULT INTEREST RATE 43 12.4. RIGHTS OF SET-OFF 43 12.5. TAXES 44 12.6. CLEAN DEVELOPMENT MECHANISM 44 12.7. NOTICES AND STATEMENTS 44 12.8. ESCROW ARRANGEMENT 44 13 LIQUIDATED DAMAGES 45 13.1. DELAY LIQUIDATED DAMAGES 45 13.2. LIABILITY FOR SHORTFALL IN O&M SERVICES 45 13.3. PAYMENT OF LIQUIDATED DAMAGES 45 13.4. LIMITATION OF LIABILITY 46 14 CHANGE IN OWNERSHIP 47 14.1 THE CONCESSIONAIRE SHALL ENSURE THAT: 47 14.2 CONSTITUENT DOCUMENTS 47 15 CHANGE IN LAW 48 15.1. CONSEQUENCES OF QUALIFYING CHANGE IN LAW 48 15.2. CONSEQUENCES OF FUNDAMENTAL CHANGE IN LAW 49 16 INDEMNITY AND INSURANCE 50 4 16.1. INDEMNITY 50 16.2. INSURANCE 51 17 FORCE MAJEURE 52 17.1. FORCE MAJEURE EVENT 52 17.2. NOTICE OF FORCE MAJEURE EVENT 53 17.3. PERFORMANCE EXCUSED 54 17.4. NO LIABILITY FOR OTHER LOSSES 54 17.5. RESUMPTION OF PERFORMANCE 54 17.6. TERMINATION DUE TO FORCE MAJEURE EVENT 54 18 EVENTS OF DEFAULT 55 19 TERMINATION 57 19.1. TERMINATION FOR CONCESSIONAIRE EVENT OF DEFAULT 57 19.2. TERMINATION FOR Authority EVENT OF DEFAULT 57 19.3. TERMINATION NOTICE 57 19.4. OBLIGATION OF THE PARTIES 58 19.5. WITHDRAWAL OF TERMINATION NOTICE 58 19.6. CONSEQUENCES OF TERMINATION 58 19.7. ACCRUED RIGHTS AND LIABILITIES 58 19.8. VOLUNTARY TERMINATION 58 19.9. Authority 'S STEP-IN RIGHTS 58 20 COMPENSATION ON TERMINATION 59 21 DISPUTE RESOLUTION 60 21.1. Dispute Settlement PROCEDURE 60 21.2. LAW GOVERNING THE ARBITRATION 60 21.3. SURVIVAL 60 22 REPRESENTATIONS AND WARRANTIES 61 22.1 THE CONCESSIONAIRE REPRESENTS AND WARRANTS TO THE Authority THAT: 61 23 TRANSFER 63 23.1. GENERAL SCOPE OF TRANSFER/PAYMENT 63 23.2. CONCESSIONAIRE 'S OBLIGAT

Disclaimer: BidAssist has made every reasonable effort to ensure that the information is accurate and authentic however it cannot be held liable for any third-party claims or losses of any damages. BidAssist makes no warranty, expressed or implied, as to the results obtained from the use of the information. If you think you may have noticed any error or omission, please let us know by contacting contact@bidassist.com.