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MINUTES OF THE PRE-BID MEETING HELD ON 09.08.2010for 24 ...

MINUTES OF THE PRE-BID MEETING HELD ON 09.08.2010for 24 ...

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purpose of financial close.91 DCA Page <strong>24</strong>, Clause 10.3.4The Authority shall make best efforts to provide andgrant the Right of Way to the Concessionaire inrespect of all land included in the Appendix, and in theevent of delay for any reason other than ForceMajeure or breach of this Agreement by theConcessionaire, it shall pay to the ConcessionaireDamages in a sum calculated at the rate of Rs. 50(Rupees fifty) per day for every 1,000 (one thousand)square meters or part thereof, commencing from the91 st (ninety first) day of the Appointed Date and untilsuch Right of Way is procured.In the event of delay for any reason other than theForce Majeure or breach of this agreement by theconcessionaire should also be compensated separately.Compensation mentioned is not sufficient enough tomeet the losses concessionaire will have to bear, werequest you to compensate the same by increasing theconcession period, apart from the compensation asmentioned in the Concession Agreement.92 DCA, Page 25, Clause 10.3.5The Authority shall make best effort to procure andgrant, no later than 90 (ninety) days from theAppointed date, the Right of Way to theConcessionaire in respect of all land included in theAppendix, and in the event of delay for any reasonother than the Force Majeure or breach of thisAgreement by the Concessionaire, it shall pay to theNo changeNo change20

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