2.3.1  Responsibility of the Project Proponent

The Project Proponent shall be solely responsible for taking all the necessary steps to carefully examine and be acquainted with the requirements, terms and conditions of the bidding documents with respect to the cost, duration, and execution/operation of the Project. The PBAC shall not assume any responsibility regarding erroneous interpretations or conclusions by the Project Proponent out of data furnished or indicated in the bidding documents.