Bare ActsThe TAMIL NADU INFRASTRUCTURE DEVELOPMENT ACT 2012

Section 7

Functions of the Board

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

Functions of the Board.— The Board shall,— (1) act as a nodal agency to co-ordinate the efforts of the Government in regard to the development of the Infrastructure sectors in the State; (2) identify or conceptualize, prioritize and determine the sequence of Projects and recommend to the Government a shelf of Projects for implementation in the State; (3) identify bottlenecks in the Projects and recommend policy initiatives to rectify the same; (4) formulate policies related to the sectors specified in Schedule I, so as to ensure that Project risks are identified and allocated between the stakeholders; (5) co-ordinate with the departments concerned and the implementing agencies; (6) prepare documents including feasibility study reports and detailed Project study reports, internally or through external consultants or experts; (7) scrutinize, evaluate and prioritize the Projects proposed by a public agency and recommend to the Government for its implementation; (8) prescribe the form of tender documents for all Projects; (9) designate the public agency, which shall implement a Project through public sector mode or through a public- private partnership; (10) approve concession agreements in respect of the Projects identified by the Board; (11) evaluate and recommend financial support from the Government under the Tamil Nadu Infrastructure Development Fund or from the Central Government; (12) co-ordinate with the Government, any Government agency and the sponsoring agency in the execution of public- private partnership projects; (13) manage and utilise the Project Preparation Fund; THE TAMIL NADU INFRASTRUCTURE DEVELOPMENT ACT, 2012. 9 (14) promote and oversee, capacity building for project appraisal, project management, procurement, and related areas in Government departments and public agencies; and (15) perform such other functions as may be entrusted to it by the Government.

Section 7 – The TAMIL NADU INFRASTRUCTURE DEVELOPMENT ACT 2012 | DailyLaw.ai