Common use of Project Commencement Date (PCD Clause in Contracts

Project Commencement Date (PCD. 9.1.1. The Project Commencement Date (PCD) shall be the date of signing of the Concession Agreement, i.e.,the date of concluding the Agreement is the Project Commencement Date (PCD). 9.1.2. The Concessionaire shall have to submit within 15 (fifteen) days from the date of signing of the Agreement, the Project implementation plan with the bar chart / MS Project chart for execution of the work clearly outlining the program for procurement of electro-mechanical equipment, material, fabrication works, supply and deployment of labour for completing the Project as per the scheduled Construction Period.