4.1 In this Policy, unless there is anything repugnant in the subject or context:
(i) "BDT" means Bangladeshi Taka.
(ii) "Board of Governors" means the board of governors of the PPP Authority as detailed in section 7 of the PPP Act.
(iii) "CCEA" means Cabinet Committee on Economic Affairs as defined in the PPP Act.
(iv) "Contracting Authority" -
(a) any ministry or division, or any department or directorate, or corporation or statutory body, local government, or any similar organization under the ministry or division; or
(b) the PPP Authority, in the case where the PPP Authority is given the responsibility for signing of the PPP Contract.
(v) "G2G Partnership" means the arrangement as set out under this Policy for GoB to enter into a partnership with other Government to develop and implement PPP Projects.
(vi) "G2G Framework Agreement/Memorandum of Understanding" means an agreement entered into by the GoB with other Government on a bilateral basis which provides the procedural framework for engagement and the modality for delivery of PPP Projects to be undertaken on the basis of this Policy.
(vii) "Investor" means any public or private legal entity which is selected by the other Government to enter into a PPP Contract with the Contracting Authority on the basis of the terms and conditions set out in the G2G Framework Agreement/ Memorandum of Understanding.
(viii) "GoB" means the government of the People's Republic of Bangladesh.
(ix) "PGP 2016" means the Procurement Guidelines for PPP Projects, 2016.
(x) "Policy" means this "Policy for Implementing PPP Projects through Government to Government (G2G) Partnership, 2016".
(xi) "PPP" means Public Private Partnership.
(xii) "PPP Act" means the Bangladesh Public-Private Partnership Act, 2015.
(xiii) "PPP Authority" means the Public Private Partnership Authority established under the PPP Act.
(xiv) "PPP Contract" means the contract signed between the Contracting Authority and the Investor and/or the Project Company, as the case may be, for implementation of the PPP Project.
(xv) "PPP Project" means any public-sector Project which is undertaken for implementation through PPP.
(xvi) "Project" means any such action or program or a combination of both by means of which the following plan or work is undertaken, such as:
a) construction or operation of any new infrastructure or a plan to do both;
b) plan to reconstruct1 any existing infrastructure;
c) plan to carry out the work specified in sub-regulation (a) and (b) both; or
d) delivery of goods or services which are not related to any Infrastructure facility.
(xvii) "Project Company" means the special purpose company duly incorporated under the applicable laws of Bangladesh, by the Investor, either prior to or after signing the PPP Contract (as applicable) for delivery of the PPP Project.
(xviii) "other Government" means any government other than GoB.
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1 The term "reconstruct" also includes re-creation, rehabilitation, modernization, reformation, expansion, enhancement, alteration or management of any existing infrastructure.