Common use of The Steering Group Clause in Contracts

The Steering Group. 6.1.1 Within four weeks after execution of this Agreement, the Steering Group shall be constituted by NRDA, having representation from NRDA and Developer, Steering Group shall comprise of four members out of which two will be nominated by NRDA and two by the Developer. 6.1.2 Role and responsibility of the Steering Group shall be 1) to monitor and review the progress of the Project as per the Project Milestone Schedule and call for explanation in case of deviation, if any; 2) to recommend on extension, if any, in accordance with the provision of this agreement 3) to resolve any difficulties in execution of the Project and provide Project level decisions on issues raised; 4) to function as a rapid Dispute resolution group to ensure smooth implementation of the Agreement; 6.1.3 All decisions / instructions of the Steering Group shall be followed by the Developer for proper progress and execution of the work. 6.1.4 The Steering Group shall hold its meetings on such regular intervals as may be reasonably prescribed by NRDA, in order to monitor the progress of implementation of the Project. 6.1.5 Though the Steering Group shall review the progress periodically, the Developer shall be solely responsible for timely delivery of the completed dwelling units to their owners as per the specifications.