Bare ActsThe Tamil Nadu Transparency in Tenders Act, 1998 and Rules, 2000

Section 60

Monitoring of Concession Agreement

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

Monitoring of Concession Agreement.- (1) Procuring Entity that enters into a Concession Agreement shall make adequate institutional arrangements to monitor the performance of the Concessionaire under such agreement. (2) Such arrangements shall include the receipt, study and corrective action based on the reports of the Independent Engineer and Independent Auditor.

Section 60 – The Tamil Nadu Transparency in Tenders Act, 1998 and Rules, 2000 | DailyLaw.ai