Amendment status not verified — confirm the current text below against the official source.
Where a provision is nude m a ccw...ess;cn :>3n¥.mt:nt requirir.g the c!eveioper to linancial mainta..1 u'tc project constructed ~)-him fo:- ~~nod spc'Clfied ir. sur: agr~emen•,-. seainty !or . .u;lal.ntecaoce (a) there shall be opened an escrow acro•111t :i} the develo.P<', the mo.~y out of or projuet. which shall be e..-pended for the maintenai:..-c of t.l>e project i::, xordance with the proviSions made in me coo=sior. agreement or ;,, 3'1) otlw agreerr.ent "ith the State Govcrnmcr.t, the. Govcmmer.t agency er, 3S the case mly be, the specified Government agency: or (b) the developer shall execute a bond in the favour of the State Governmem. tho Government agency or, as the case may be, the :;pec1fied Government agenc; binding himself to make payment of such amount of i»oney as spec• tied in the bond to the State Government, the Govemin~nt ag1.'tlcy or, as the case may be. ·ne specified Govcrnmern agenc)·. in case be fails to maintain the projec: in accorci>.J>ce with the provisions ma<ie in the c.oncessioo a,,;~~1ent 9r any other 3greement with the State Governmant, the Government agency or, as the case may he, the SJ"'Clf.ed Govemment agency • I 3. ·A developer shall provide at his exi)ense, training to the employees of tne S•ate Training to Government, the Government 3gency .or, as the case may be, the specified Government 'emplo1-. ag "1CY in respect of maintenance or ope:ation of the project in accordance with the pre . :sions made in the concession agreemem or ill any other agreement W>th the State Ge. -ernment, the Government agency or, as die case may be, :he sp;.;c.fied Governmc-.it agenC}'