O&M Experience Sample Clauses

O&M Experience. The Applicant shall, [in the case of a Consortium, include a Member who shall subscribe and continue to hold at least 10% (ten per cent) of the subscribed and paid up equity of the SPV for a period of 5 (five) years from the date of commercial operation of the Project, and has either by itself or through its Associate, experience of 5 (five) years or more in operation and maintenance (O&M) of Category 1 projects specified in Clause 3.2.1, which have an aggregate capital cost equal to Rs. 8.5 crore (Rupees eight crore and fifty lakhs only). In case the Applicant is not a Consortium, it shall be eligible only if it has equivalent experience of its own or through its Associates. In the event that the Applicant does not have such experience, it should furnish an undertaking that if selected to undertake the Project, it shall for a period of at least 5 (five) years from the date of commercial operation of the Project, enter into an agreement for entrusting its operation & maintenance (O&M) obligations to an entity having the aforesaid experience, failing which the Development and Operation Agreement shall be liable to be terminated.
View SourceView Similar (2)
O&M Experience. The Applicant shall, in the case of a Consortium, include a member, having at least 26% (twenty six percent) equity participation in the Project company/ SPV, who has experience of five years or more in operation and maintenance (O&M) of a 3 (three) star or above category hotel / resort1. In case the Applicant is not a Consortium, it shall be eligible only if it has equivalent experience on its own. In the absence of such experience, the Applicant may at the RFQ stage, furnish a Letter of Association with any entity having the requisite O & M Experience and in the event of the Applicant being qualified for the Bid Stage, shall submit an agreement obligating the said entity to undertake the O & M operations for a period of at least 5 (five) years from the date of commercial operation of the Project, failing which the Concession Agreement shall be liable to termination.
View Source
O&M Experience. In the event that the Bidder does not have the requisite O&M experience, it shall either enter into an agreement, for a period of at least 5 (five) years from COD of the facilities falling under minimum development obligation of Phase-1 of the Core Mice Hub Facility, with an entity having the aforesaid experience of O&M of at least one 5 Star Hotel or equivalent or O&M of a Conventions Centre of minimum 25,000 sft of main hall for a minimum continuous period of 5 years relating to the performance of O&M obligations, or engage experienced and qualified personnel for discharging its O&M obligations in accordance with the provisions of the Concession cum Development Agreement, failing which the Concession cum Development Agreement shall be liable to termination. The Bidder shall enclose with its Technical Proposal, to be submitted as per the format at Appendix-I, complete with its Annexes, the following$: (i) Certificate(s) from statutory auditors of the Bidder or its Associates or the concerned client(s) stating the payments made/ received or works commissioned, as the case may be, during the past related period in respect of the projects specified in paragraph 2.2.2 (A) above. In case a particular job/ contract has been jointly executed by the Bidder (as part of a consortium), it should further support its claim for the share in work done for that particular job/ contract by producing a certificate from its statutory auditor or the client; and (ii) certificate(s) from statutory auditors of the Bidder or its Associates specifying the Net Worth of the Bidder, as at the close of the preceding financial year, and also specifying that the methodology adopted for calculating such Net Worth conforms to the provisions of this Clause 2.2.3(ii) .
View Source
O&M Experience. The Applicant shall furnish an undertaking that if selected to undertake the Project, it shall employ experienced and qualified staff for discharging its maintenance obligations under the Agreement.
View Source

Related to O&M Experience

  • Work Experience A sabbatical leave may be granted for contracted work or externship with other educational institutions, government agencies, corporations, or foundations related to the applicant’s discipline. A detailed, specific plan must be submitted by the applicant and approved by the Salary and Leaves Committee as likely to improve the applicant’s teaching effectiveness, strengthen the College’s academic program, or otherwise bring a clear benefit to students.

  • Previous Experience 31.01 New employees will be classified according to previous comparable experience for the purpose of establishing wage rates. The Co-operative shall not be required to recognize previous experience of new employees who have not worked in the same or similar business in the past two (2) years. Recognized credit for previous experience shall be applicable to qualifying employees commencing with the first working day following completion of said employee's probationary period. 31.02 It shall be the responsibility of the employee to supply proof of their previous experience prior to the completion of their probationary period. Otherwise, all claim for credit for previous experience shall be forfeited by the employee. 31.03 In the event of any disagreement as to credit granted for previous experience, such disagreement shall be considered a grievance, and the Grievance Procedure provided in the Agreement shall apply.

  • Related Experience Previous experience related to the duties associated with the position.

  • Years Experience Company years experience in this category? This is an evaluation criterion worth a maximum of 10 points. See RFP for more information. (If applicable, vendor should download the Reseller/Dealers spreadsheet from the Attachments section, fill out the f orm and submit the document in the ”Response Attachments” RESELLERS section. EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME woul d list BIGmart as a reseller.

  • Teaching Experience Recognized Years of Experience: Uncredited Experience: