Amendment status not verified — confirm the current text below against the official source.
Sectoral Sub-Committee and Project Implementation Sub-Committee. (1) Such Sectoral Sub-Committee or Project Implementation Sub-Committee or Committees may be constituted by the Board from time to time to assist the Board in carrying out its functions, as may be considered necessary for the purposes of the Act. (2) For the effective association, consultation and participation of a public infrastructure agency in the decision making of the Board, the Sectoral Sub-Committee or Project Implementation Sub-Committee will comprise of members of the Project Management Team and representatives from the concerned public infrastructure agency. (3) The constitution, functioning and powers of the Sectoral Sub-Committee or Project Implementation Sub-Committee will be as per the bye-laws made by the Board. (4) The Sectoral Sub-Committee, the Project Implementation Committee or any other Committee called by other name, constituted by the Board under this Act, will be subordinate to the Board and will carry the functions delegated to them by the Board24. (5) Each Sectoral Sub-Committee will be concerned, in particular, with:- (a) the formulation, review, change and implementation of the sectoral policies for private participation in the infrastructure sector, (b) the conduct of feasibility study and preparation of feasibility report; and (c) formulating the sectoral packages of financial incentives and concessions. (6) Each Project Implementation Sub-Committee will be concerned, in particular, with - 24 As substituted vide notification no.31-Leg./2003 dated 03.11.2003 PUNJAB GOVT. GAZ. (EXTRA.), JULY 9, 2002 (ASAR 18, 1924 SAKA) 18 (a) providing proposals to the –Board or any other Committee as may be specified in this behalf by the Board21 for taking decision on project identification and priority, (b) finalising the scope and structuring of infrastructure projects, (c) pre-bidding and bidding procedures, (d) selection of concessionaire and recommending grant of concession, and (e) implementing, supervising and monitoring of projects.