Amendment status not verified — confirm the current text below against the official source.
Definitions – In this Act unless the context otherwise requires;- (a) “Act” means the Andhra Pradesh Infrastructure Development Enabling Act, 2001; (b) “Best Effort” means best efforts made in the circumstances; (c) “Bidder” means any entity including any Bidding Consortium, who has submitted a proposal to undertake an infrastructure project under Public Private Partnership; (d) “Bidding Consortium” means if the proposal for the project is made jointly by more than one entity, then such group of entities shall be referred to as a Bidding Consortium; (e) “Categories of Projects” means categories specified in schedule –II of the Act and such other categories as may be notified by the Government from time to time; (f) “Charges for Abuse or Abuser Charges” means the levy of charges by the Infrastructure Authority on any developer, if any developer abuses any right accorded under the Concession Agreement, in the course of development, implementation, operation, maintenance, management and transfer of any Infrastructure Project, to the extent as may be specified in the Concession Agreement or such other agreement as may be prescribed by the Government; (g) “Company” means any entity incorporated by memorandum of association under the Companies Act, 1956 (Central Act 1 of 1956) or incorporated under any other statute or deemed to be incorporated under the laws of India or the laws of any other country of the world; (h) “Concession Agreement” means a contract of the nature specified in Schedule- I between the developer and the State Government or Government Agency or the Local Authority relating to any Infrastructure Project or such other contract as may be prescribed from time to time by Government; (i) “Conciliation Board” means the Conciliation Board established under section 32 of the Act; 1[Provided that unless the parties otherwise agreed the provisions of chapters V and VI of the Act shall not apply to any of the projects under taken as per provisions of the Act]; (j) “Construction” means any construction, reconstruction, rehabilitation, improvement, expansion, addition, alteration and related works and activities including supply of any equipment, materials, labour and services related to build or rehabilitate any Infrastructure Project comprising of physical structures or systems or commodities or for utilization of resources or provision of services; (k) “Developer” means any Private Sector Participant who has entered into a contract for the Infrastructure Project with the Government or Government Agency or Local Authority under the Act; (l) “Generic Risks” means circumstances that have the potential to adversely affect the development of a project or interest of the participants to the Project or interest of the Government or Government Agency or Local Authority and in the nature of construction period risk, operation period risk, market and revenue risk, finance risk, legal risk and miscellaneous risks as enumerated in Schedule – IV of the Act; (m) “Government” means the State Government of Andhra Pradesh;