Bare ActsThe Bihar State Infrastructure Development Enabling Act, 2006

Section 12

Amendment status not verified — confirm the current text below against the official source.

Consultants on Retainer ship The Authority may hire national or international Consultants/Consultancy firms on a retainer ship basis against an annual/work based fee for assisting itself on planning, design , implementation and such other issue as the Authority may deem fit. The Authority may require these Consultants/Consultancy firms to be stationed in house. ************************************************************************ 27 • Bihar State Infrastructure Development Enabling Act. 2006 AN ACT TO PROVIDE FOR THE RAPID DEVELOPMENT OF PHYSICAL AND SOCIAL INFRASTRUCTURE IN THE STATE AND ATTRACT PRIVATE SECTOR PARTICIPATION IN THE DESIGNING, FINANCING, CONSTRUCTION, OPERATION AND MAINTENANCE OF INFRASTRUCTURE PROJECTS IN THE STATE AND PROVIDE A COMPREHENSIVE LEGISLATION FOR REDUCING ADMINISTRATIVE AND PROCEDURAL DELAYS, IDENTIFYING GENERIC PROJECT RISKS. CHAPTER-1 PRELIMINARY 1 Short title, extent, application and commencement: -(1) This Act may be called the Bihar Infrastructure Development Enabling Act. 2006 (2) It extends to the whole of the State of Bihar. (3) (a) It shall be deemed to have come into force with immediate effect (b) It shall apply to all Infrastructure Project implemented through Public Private Partnership in the sectors as may be notified by the Government under the Act from time to time. The Act will not apply to any Infrastructure Project which is undertaken by any joint venture between the State or Central Government Departments or between State or Central Government and any Statutory Body of between any Statutory Bodies or between the State or Central Government or Statutory Body and any Government Company or any Infrastructure Project which may be taken over by any private party or private sector undertaking upon privatization or disinvestment by the State or Central Government or Government Agency or by any Statutory Corporation or any Government Company or any Infrastructure Project which does not involve fresh, new, additional investment being made by a private sector participant or any Infrastructure Project which is expressly notified to be excluded from the provisions of the Act by the Government. • 2

Section 12 – The Bihar State Infrastructure Development Enabling Act, 2006 | DailyLaw.ai