Project procuremenet contract in ethiopiaGuta Mengesha
This document discusses project procurement and contract administration in the Ethiopian context. It defines procurement contract administration as the management of all actions after a contract is awarded. It discusses the meaning of contracts, elements of a valid contract, and different types of contracts including fixed price, cost reimbursement, and project procurement contracts. Challenges in procurement contract administration in Ethiopia are also mentioned. The document provides an overview of key concepts in project procurement and contract management.
There are several types of construction contracts. Price-based contracts include lump sum contracts, where the contractor is paid a fixed price for the entire project, and unit price contracts, where payment is made based on rates for individual work units. Cost-based contracts include cost plus contracts, where the contractor is reimbursed for costs plus a fee or percentage, and guaranteed maximum price contracts, where the owner's liability is capped but the contractor can retain savings if the project costs less than estimated. The appropriate contract type depends on factors like project scope definition and risk allocation between owner and contractor.
This document discusses various aspects of contract management for construction projects including methods of work execution, types of contracts, and the tendering process. It describes executing work through amanat (directly by the owner) or through contracts. It outlines various types of contracts like lump sum, unit price, cost reimbursable, design-build, and BOOT/BOT. Finally, it explains the tendering process which involves preparation, tender notice, tender document, conditions of contract, prequalification, evaluation, and selection/award.
Government Contracts 101 - Understanding the Basics of Contract Types Unanet
This is the slide deck from a recent Unanet webinar. We looked at the three main types of government contracts and the new hybrids that have cropped up in recent years. Whether you are new to Government Contracting, or are a long-term GovCon, there will be a little something for contractors of all shapes and sizes and all levels of experience.
Learn more at: https://www.unanet.com/news/demand-webinars
Contracts provide a legally-enforceable framework for guiding any and every type of business relationship, from employment agreements to orders for parts and supplies. While these agreements are key to guiding business relationships and ventures across all sectors, getting contracts right is especially important within construction, where the ability to complete a build on time, on budget and to code hinges upon all vendor arrangements going as expected. From the builder’s perspective, contracts are also important for preventing scope creep and to reducing the risk of cost overruns they may unexpectedly have to absorb.
Construction management contracts encompass the work and/or materials required for a building project. Typically, they will address:
1)Project/deliverable specifications
2)Labor and material requirements
3)Timelines for completion/delivery
4)Compensation formula and amounts
While construction management agreements will typically include the above, they can be structured differently, with numerous types of contracts that are designed to best meet the needs of all parties under all sorts of different scenarios. Familiarizing yourself with the types of contracts that are typically in play within building projects is an important first step to optimizing all contract-related processes within construction management.
(1) The document provides an overview of contract management and closing procedures for NTPC Ltd. It discusses key activities in the pre-award, award, and post-award stages of contract management. (2) Thirteen certificates must be issued by various departments to close contracts, verifying items like drawings received, scope completion, payments reconciled, and warranty period completion. (3) Contracts are closed by either corporate, regional offices, or project sites depending on contract type and location of work.
An agreement between two parties whereby one party promises to reimburse the other party for the costs incurred and any additional profit after the completion of the project is called a COST-PLUS CONTRACT.
https://efinancemanagement.com/costing-terms/cost-plus-contract
This document discusses and compares various common contract types including fixed-price contracts like firm fixed price (FFP) and fixed price incentive fee (FPIF) contracts which set a fixed total price upfront and carry more risk for sellers. Cost-reimbursable contracts like cost plus fixed fee (CPFF) and cost plus incentive fee (CPIF) cover sellers' costs plus a fee and carry more risk for buyers. Time and materials (T&M) contracts are a hybrid that pay hourly rates and material costs. Each type allocates risk differently between buyers and sellers.
Project procuremenet contract in ethiopiaGuta Mengesha
This document discusses project procurement and contract administration in the Ethiopian context. It defines procurement contract administration as the management of all actions after a contract is awarded. It discusses the meaning of contracts, elements of a valid contract, and different types of contracts including fixed price, cost reimbursement, and project procurement contracts. Challenges in procurement contract administration in Ethiopia are also mentioned. The document provides an overview of key concepts in project procurement and contract management.
There are several types of construction contracts. Price-based contracts include lump sum contracts, where the contractor is paid a fixed price for the entire project, and unit price contracts, where payment is made based on rates for individual work units. Cost-based contracts include cost plus contracts, where the contractor is reimbursed for costs plus a fee or percentage, and guaranteed maximum price contracts, where the owner's liability is capped but the contractor can retain savings if the project costs less than estimated. The appropriate contract type depends on factors like project scope definition and risk allocation between owner and contractor.
This document discusses various aspects of contract management for construction projects including methods of work execution, types of contracts, and the tendering process. It describes executing work through amanat (directly by the owner) or through contracts. It outlines various types of contracts like lump sum, unit price, cost reimbursable, design-build, and BOOT/BOT. Finally, it explains the tendering process which involves preparation, tender notice, tender document, conditions of contract, prequalification, evaluation, and selection/award.
Government Contracts 101 - Understanding the Basics of Contract Types Unanet
This is the slide deck from a recent Unanet webinar. We looked at the three main types of government contracts and the new hybrids that have cropped up in recent years. Whether you are new to Government Contracting, or are a long-term GovCon, there will be a little something for contractors of all shapes and sizes and all levels of experience.
Learn more at: https://www.unanet.com/news/demand-webinars
Contracts provide a legally-enforceable framework for guiding any and every type of business relationship, from employment agreements to orders for parts and supplies. While these agreements are key to guiding business relationships and ventures across all sectors, getting contracts right is especially important within construction, where the ability to complete a build on time, on budget and to code hinges upon all vendor arrangements going as expected. From the builder’s perspective, contracts are also important for preventing scope creep and to reducing the risk of cost overruns they may unexpectedly have to absorb.
Construction management contracts encompass the work and/or materials required for a building project. Typically, they will address:
1)Project/deliverable specifications
2)Labor and material requirements
3)Timelines for completion/delivery
4)Compensation formula and amounts
While construction management agreements will typically include the above, they can be structured differently, with numerous types of contracts that are designed to best meet the needs of all parties under all sorts of different scenarios. Familiarizing yourself with the types of contracts that are typically in play within building projects is an important first step to optimizing all contract-related processes within construction management.
(1) The document provides an overview of contract management and closing procedures for NTPC Ltd. It discusses key activities in the pre-award, award, and post-award stages of contract management. (2) Thirteen certificates must be issued by various departments to close contracts, verifying items like drawings received, scope completion, payments reconciled, and warranty period completion. (3) Contracts are closed by either corporate, regional offices, or project sites depending on contract type and location of work.
An agreement between two parties whereby one party promises to reimburse the other party for the costs incurred and any additional profit after the completion of the project is called a COST-PLUS CONTRACT.
https://efinancemanagement.com/costing-terms/cost-plus-contract
This document discusses and compares various common contract types including fixed-price contracts like firm fixed price (FFP) and fixed price incentive fee (FPIF) contracts which set a fixed total price upfront and carry more risk for sellers. Cost-reimbursable contracts like cost plus fixed fee (CPFF) and cost plus incentive fee (CPIF) cover sellers' costs plus a fee and carry more risk for buyers. Time and materials (T&M) contracts are a hybrid that pay hourly rates and material costs. Each type allocates risk differently between buyers and sellers.
The document discusses different types of government contracts, including fixed price, cost type, and flexibly priced contracts. It explains key aspects of each contract type such as risk allocation, payment methods, and fee structures. The document also provides an overview of Earned Value Management (EVMS), describing it as a method to correlate cost and schedule performance by tracking budgeted, earned, and actual costs over the life of a contract.
The document discusses various types of construction contracts. It describes lump sum contracts, item rate contracts, labour contracts, and cost reimbursement contracts. It provides details on how each contract type works, including payment structures, risk allocation, and suitable applications for different contract types. Key factors like flexibility, incentives, and risk allocation are considered when choosing the appropriate construction contract.
Procurement contract type is an important PMP topic. It is one such topic that which forms the base for procurement knowledge areas
The webinar on Procurement Contract Type is a base that forms the relationship between the buyer and the seller. This is a formal agreement unlike any other verbal agreement it has to be documented with precise details.
Three types of Procurement Contract Type are discussed with examples. Pros and cons of each contract type are given so as to give a clear idea of what all is involved while making the legal agreement.
For more details related to PMP exam or our upcoming PMP events visit https://www.facebook.com/izenbridge
This document provides an overview and analysis of various procurement methods for construction projects, including traditional, design-build, management contracting, and public-private partnerships. It defines procurement as acquiring something through effort and discusses the client's main concerns of finishing on time, within budget, and achieving quality. The traditional method involves separate design and construction phases. Design-build combines design and construction responsibilities. Management contracting and construction management involve subcontractors managed by a consultant or manager. Public-private partnerships allow collaboration between public and private sectors. The conclusion emphasizes the importance of professional advice to help clients choose the most appropriate option based on their specific project needs and concerns.
The document discusses various types of construction contracts including: lump sum contracts where the owner pays a specified amount upon completion; cost plus contracts where the owner pays the contractor's documented costs plus an additional fee; and integrated contracts where a single contractor is responsible for design and construction like design-build or turnkey contracts. Management contracts involve appointing a contractor to coordinate other subcontractors. Measurable and item rate contracts establish payment based on physical measurements or rates for units of work.
The document discusses different types of construction contract forms including traditional, design-build, management, and construction management contracts. It provides details on lump sum, measurement, and cost reimbursement contracts under the traditional method. Factors that influence the choice of contract form are also summarized such as project complexity, client experience, certainty of costs, allocation of risk, and nature of the project. The key differences between various contract types such as lump sum vs measurement contracts and management vs construction management contracts are highlighted.
This document discusses different types of construction contracts. It outlines various classification schemes, including separated, management, integrated, and discretionary contracts. Specific contract types are then defined, such as lump sum, item rate, percentage rate, cost plus percentage, management, construction management, design-build, and turnkey contracts. The key responsibilities and features of each contract type are provided.
Unit Price
Fixed Price or Lumpsum Contract
-Fixed Price with Incentive Fee Contract
--Point of Total Assumption
Cost Plus or Cost Reimbursable Contract
-Cost Plus with Incentive Fee
Implied or Quasi Contract
Unilateral Contract
Bilateral Contract
The document provides an overview of contract types and selection criteria. It defines key terms like statement of work and discusses different categories of contracts including fixed-price, cost reimbursement, and structured types. For each major contract type there are sub-types described in detail, outlining their characteristics, common applications, benefits, and constraints. The document aims to guide selection of the optimal contract type based on the specific needs, risks, and circumstances involved.
A rate contract is an agreement between a purchaser and supplier to supply items at specified prices during the period covered by the contract. No quantities are mentioned, but the contractor is bound to supply orders placed during the contract period at the specified rates. Rate contracts are generally concluded for standard items with annual estimated purchases of Rs. 25 lakhs or more that have stable pricing and are not subject to major market fluctuations. The decision to add or remove items is made by the Standing Review Committee which includes representatives from major procuring departments. Current rate contracts are evaluated based on contractor performance and market conditions to determine if items should remain on contract.
There are several types of construction contracts:
1. Separated contracts involve separate entities for design and construction, resulting in delays. Lump-sum and measurement contracts fall under this category.
2. Integrated contracts assign design and construction responsibilities to a single entity to streamline the process. Design-build, turnkey, and build-operate-transfer contracts integrate the roles.
3. Management contracts appoint a single contractor to plan, manage, and coordinate subcontractors for design and construction. Construction management contracts focus on coordination. Design-build-manage contracts assign all three roles.
4. Discretionary contracts like partnering and joint ventures involve collaboration between client and contractor or between multiple contractors to share
Construction contract_Existing and Proposed Accounting StandardsAdi Iskandar Iliyas
The slides contained information gathered from accounting standards applicable to construction contract as well as some examples on disclosures by Malaysian companies.
The slides were co-prepared by fellow classmates, whose name appears in the 1st slide.
This document provides an overview of IAS 11 Construction Contracts, including the standard's scope, types of construction contracts, classification of contracts, accounting for contract revenue and costs, and recognition of revenue and costs over time based on the percentage of completion method. Key points covered include distinguishing between fixed-price and cost-plus contracts, treating multiple or additional asset contracts as separate or combined, including variations, claims and incentives in revenue, and recognizing expected losses immediately.
This document discusses various types of construction contracts, including lump-sum, cost-plus percentage, cost-plus fixed fee, percentage rate, item rate, turnkey, cost-plus sliding scale of fees, negotiated, target, labor, joint venture, and BOT contracts. Each type is briefly defined and its key advantages and disadvantages are outlined. The document provides a high-level overview of common construction contracting methods.
This document discusses best practices for contract management. It describes key activities for contract management including delivery management, relationship management, and contract administration. It outlines important aspects of managing the contract relationship such as initial meetings, ongoing communication, and review meetings. It also discusses establishing performance controls and managing risks. The overall goal of contract management is ensuring suppliers meet delivery and quality obligations while maintaining an open relationship.
Contract management is important to (1) ensure projects are delivered as planned, (2) manage scope, cost, schedule, risks, and opportunities, and (3) create value for all stakeholders. Key aspects of contract management include formulation, administration, execution, and dispute resolution. During administration, teams monitor contractual obligations, ensure compliance, and manage changes and risks to meet project objectives. Effective contract management requires a systematic process and proactive legal support throughout the project lifecycle.
The document describes various alternative procurement methods that can be used when international competitive bidding is not the most suitable option. It discusses limited international bidding, national competitive bidding, shopping, direct contracting, force account, procurement from specialized agencies, use of procurement agents, and inspection agents. For each method, it provides details on how and when the method can be used and what procedures should be followed. The overall purpose is to outline procurement options and guidelines for procuring goods, works and services using ADB funds.
This document discusses various types of construction contracts. It describes direct employment, where the owner hires an organization to be responsible for construction. It also discusses fixed-price contracts like lump sums and unit prices, where the contractor agrees to a fixed total price or unit rates. Cost-plus contracts shift risks to the owner by paying the contractor's actual costs plus a percentage fee, without incentives for the contractor to control costs. Other contract types like target estimates and guaranteed maximum costs aim to balance risks between the owner and contractor.
This document provides an overview of various aspects of construction contracts and project delivery methods. It discusses what constitutes a contract, types of contracts such as lump sum, cost-plus-fee, and guaranteed maximum price. It also covers letter of intents, change orders, liquidated damages, and commonly used contract forms from the AIA and EJCDC. Additionally, it summarizes different project delivery methods including design-bid-build, design-build, fast track, and construction management, outlining their advantages and disadvantages.
The Securities and Exchange Board of India (SEBI) regulates India's capital markets. SEBI was established in 1992 to protect investors, ensure orderly markets, and promote market development. It regulates stock exchanges, registers and monitors intermediaries such as brokers and merchant bankers, and prohibits unfair trading practices. SEBI also regulates mergers, acquisitions and takeovers to protect investor interests.
The document outlines SEBI's revised takeover code for substantial acquisitions and takeovers of shares in Indian companies. Some key points include:
1. Any person acquiring over 5% of shares or voting rights of a listed company must disclose this to stock exchanges within 4 days.
2. Those holding over 10% of shares must disclose their holdings annually.
3. Acquirers of over 10-25% of shares must make a public announcement before acquiring more than 2% additional voting rights.
4. The minimum offer price in a takeover bid must be the highest of the negotiated price or average weekly stock price of the target company.
The document discusses different types of government contracts, including fixed price, cost type, and flexibly priced contracts. It explains key aspects of each contract type such as risk allocation, payment methods, and fee structures. The document also provides an overview of Earned Value Management (EVMS), describing it as a method to correlate cost and schedule performance by tracking budgeted, earned, and actual costs over the life of a contract.
The document discusses various types of construction contracts. It describes lump sum contracts, item rate contracts, labour contracts, and cost reimbursement contracts. It provides details on how each contract type works, including payment structures, risk allocation, and suitable applications for different contract types. Key factors like flexibility, incentives, and risk allocation are considered when choosing the appropriate construction contract.
Procurement contract type is an important PMP topic. It is one such topic that which forms the base for procurement knowledge areas
The webinar on Procurement Contract Type is a base that forms the relationship between the buyer and the seller. This is a formal agreement unlike any other verbal agreement it has to be documented with precise details.
Three types of Procurement Contract Type are discussed with examples. Pros and cons of each contract type are given so as to give a clear idea of what all is involved while making the legal agreement.
For more details related to PMP exam or our upcoming PMP events visit https://www.facebook.com/izenbridge
This document provides an overview and analysis of various procurement methods for construction projects, including traditional, design-build, management contracting, and public-private partnerships. It defines procurement as acquiring something through effort and discusses the client's main concerns of finishing on time, within budget, and achieving quality. The traditional method involves separate design and construction phases. Design-build combines design and construction responsibilities. Management contracting and construction management involve subcontractors managed by a consultant or manager. Public-private partnerships allow collaboration between public and private sectors. The conclusion emphasizes the importance of professional advice to help clients choose the most appropriate option based on their specific project needs and concerns.
The document discusses various types of construction contracts including: lump sum contracts where the owner pays a specified amount upon completion; cost plus contracts where the owner pays the contractor's documented costs plus an additional fee; and integrated contracts where a single contractor is responsible for design and construction like design-build or turnkey contracts. Management contracts involve appointing a contractor to coordinate other subcontractors. Measurable and item rate contracts establish payment based on physical measurements or rates for units of work.
The document discusses different types of construction contract forms including traditional, design-build, management, and construction management contracts. It provides details on lump sum, measurement, and cost reimbursement contracts under the traditional method. Factors that influence the choice of contract form are also summarized such as project complexity, client experience, certainty of costs, allocation of risk, and nature of the project. The key differences between various contract types such as lump sum vs measurement contracts and management vs construction management contracts are highlighted.
This document discusses different types of construction contracts. It outlines various classification schemes, including separated, management, integrated, and discretionary contracts. Specific contract types are then defined, such as lump sum, item rate, percentage rate, cost plus percentage, management, construction management, design-build, and turnkey contracts. The key responsibilities and features of each contract type are provided.
Unit Price
Fixed Price or Lumpsum Contract
-Fixed Price with Incentive Fee Contract
--Point of Total Assumption
Cost Plus or Cost Reimbursable Contract
-Cost Plus with Incentive Fee
Implied or Quasi Contract
Unilateral Contract
Bilateral Contract
The document provides an overview of contract types and selection criteria. It defines key terms like statement of work and discusses different categories of contracts including fixed-price, cost reimbursement, and structured types. For each major contract type there are sub-types described in detail, outlining their characteristics, common applications, benefits, and constraints. The document aims to guide selection of the optimal contract type based on the specific needs, risks, and circumstances involved.
A rate contract is an agreement between a purchaser and supplier to supply items at specified prices during the period covered by the contract. No quantities are mentioned, but the contractor is bound to supply orders placed during the contract period at the specified rates. Rate contracts are generally concluded for standard items with annual estimated purchases of Rs. 25 lakhs or more that have stable pricing and are not subject to major market fluctuations. The decision to add or remove items is made by the Standing Review Committee which includes representatives from major procuring departments. Current rate contracts are evaluated based on contractor performance and market conditions to determine if items should remain on contract.
There are several types of construction contracts:
1. Separated contracts involve separate entities for design and construction, resulting in delays. Lump-sum and measurement contracts fall under this category.
2. Integrated contracts assign design and construction responsibilities to a single entity to streamline the process. Design-build, turnkey, and build-operate-transfer contracts integrate the roles.
3. Management contracts appoint a single contractor to plan, manage, and coordinate subcontractors for design and construction. Construction management contracts focus on coordination. Design-build-manage contracts assign all three roles.
4. Discretionary contracts like partnering and joint ventures involve collaboration between client and contractor or between multiple contractors to share
Construction contract_Existing and Proposed Accounting StandardsAdi Iskandar Iliyas
The slides contained information gathered from accounting standards applicable to construction contract as well as some examples on disclosures by Malaysian companies.
The slides were co-prepared by fellow classmates, whose name appears in the 1st slide.
This document provides an overview of IAS 11 Construction Contracts, including the standard's scope, types of construction contracts, classification of contracts, accounting for contract revenue and costs, and recognition of revenue and costs over time based on the percentage of completion method. Key points covered include distinguishing between fixed-price and cost-plus contracts, treating multiple or additional asset contracts as separate or combined, including variations, claims and incentives in revenue, and recognizing expected losses immediately.
This document discusses various types of construction contracts, including lump-sum, cost-plus percentage, cost-plus fixed fee, percentage rate, item rate, turnkey, cost-plus sliding scale of fees, negotiated, target, labor, joint venture, and BOT contracts. Each type is briefly defined and its key advantages and disadvantages are outlined. The document provides a high-level overview of common construction contracting methods.
This document discusses best practices for contract management. It describes key activities for contract management including delivery management, relationship management, and contract administration. It outlines important aspects of managing the contract relationship such as initial meetings, ongoing communication, and review meetings. It also discusses establishing performance controls and managing risks. The overall goal of contract management is ensuring suppliers meet delivery and quality obligations while maintaining an open relationship.
Contract management is important to (1) ensure projects are delivered as planned, (2) manage scope, cost, schedule, risks, and opportunities, and (3) create value for all stakeholders. Key aspects of contract management include formulation, administration, execution, and dispute resolution. During administration, teams monitor contractual obligations, ensure compliance, and manage changes and risks to meet project objectives. Effective contract management requires a systematic process and proactive legal support throughout the project lifecycle.
The document describes various alternative procurement methods that can be used when international competitive bidding is not the most suitable option. It discusses limited international bidding, national competitive bidding, shopping, direct contracting, force account, procurement from specialized agencies, use of procurement agents, and inspection agents. For each method, it provides details on how and when the method can be used and what procedures should be followed. The overall purpose is to outline procurement options and guidelines for procuring goods, works and services using ADB funds.
This document discusses various types of construction contracts. It describes direct employment, where the owner hires an organization to be responsible for construction. It also discusses fixed-price contracts like lump sums and unit prices, where the contractor agrees to a fixed total price or unit rates. Cost-plus contracts shift risks to the owner by paying the contractor's actual costs plus a percentage fee, without incentives for the contractor to control costs. Other contract types like target estimates and guaranteed maximum costs aim to balance risks between the owner and contractor.
This document provides an overview of various aspects of construction contracts and project delivery methods. It discusses what constitutes a contract, types of contracts such as lump sum, cost-plus-fee, and guaranteed maximum price. It also covers letter of intents, change orders, liquidated damages, and commonly used contract forms from the AIA and EJCDC. Additionally, it summarizes different project delivery methods including design-bid-build, design-build, fast track, and construction management, outlining their advantages and disadvantages.
The Securities and Exchange Board of India (SEBI) regulates India's capital markets. SEBI was established in 1992 to protect investors, ensure orderly markets, and promote market development. It regulates stock exchanges, registers and monitors intermediaries such as brokers and merchant bankers, and prohibits unfair trading practices. SEBI also regulates mergers, acquisitions and takeovers to protect investor interests.
The document outlines SEBI's revised takeover code for substantial acquisitions and takeovers of shares in Indian companies. Some key points include:
1. Any person acquiring over 5% of shares or voting rights of a listed company must disclose this to stock exchanges within 4 days.
2. Those holding over 10% of shares must disclose their holdings annually.
3. Acquirers of over 10-25% of shares must make a public announcement before acquiring more than 2% additional voting rights.
4. The minimum offer price in a takeover bid must be the highest of the negotiated price or average weekly stock price of the target company.
The document provides an overview of the SEBI Takeover Regulations, 2011. It discusses the need for takeover regulations in India due to changes in the capital market scenario. The key highlights of the regulations include thresholds for open offers, exemption limits for disclosure requirements, and obligations of acquirers and merchant bankers. Key definitions under the regulations relate to acquirer, acquisition, control, frequently traded shares, and enterprise value calculation.
National Conference on Value Creation Through Merger & AcquisitionsPavan Kumar Vijay
The document discusses mergers and acquisitions (M&A) in India. It outlines the historical phases of M&A activity in India including consolidation, hiving off non-core businesses, and acquisitions to strengthen core businesses. Recent M&A activity is dominated by the energy, materials, and pharmaceuticals sectors. New regulations have increased ownership thresholds for open offers and mandatory board recommendations on offers. Future M&A strategies may involve alternative approaches like participation, offering, operating, and pricing strategies to achieve profitable strategic positions.
Statutory Regulations under Company’s Act anddimpisanghavi
The document summarizes regulations around mergers and acquisitions under the Companies Act and SEBI listing agreement in India. It discusses procedures that must be followed for shareholder approval, court sanctions, minimum public shareholding levels, and takeover offer requirements. Key aspects include long approval processes, rules for reducing capital, treatment of foreign acquisitions, and disclosure obligations for listed companies undergoing a change in ownership.
The document summarizes key aspects of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 or the SEBI Takeover Code. It outlines the objectives of protecting shareholder interests and ensuring adequate disclosure in M&A transactions. It defines important terms like acquirer, control and persons acting in concert. It also describes provisions around periodic disclosures, open offer triggers, exemptions and timelines that must be followed for open offers.
Carbon credits represent the right to emit one tonne of carbon dioxide or its equivalent. They are part of national and international efforts to mitigate greenhouse gas emissions. Under emissions trading programs, emissions are capped and markets are used to allocate allowances among regulated groups. The goal is to use market mechanisms to encourage low-emissions approaches. Credits can also be voluntarily purchased to offset carbon footprints. Quality and prices vary depending on whether credits are from compliance markets or secondary markets.
Carbon credits represent the right to emit one tonne of carbon dioxide or its equivalent. They are part of national and international efforts to mitigate greenhouse gas emissions. Under emissions trading programs, emissions are capped and markets are used to allocate allowances among regulated groups. The goal is to use market mechanisms to encourage low-emissions approaches. Credits can also be voluntarily purchased to offset carbon footprints. Quality and prices vary depending on whether credits are from compliance markets or secondary markets.
This document examines sources of generating emission reduction benefits and various prevailing standards. It discusses how emission reduction benefits are created through international treaties like the Kyoto Protocol which set emissions quotas and allow credits to be bought and sold. It also looks at the financial aspects of emission reduction benefits and the markets for compliance and voluntary credits. Finally, it provides a brief introduction to some key standards for emissions reductions, including the Clean Development Mechanism (CDM), Joint Implementation (JI), and emissions trading systems.
Carbon credits are certificates generated by projects that reduce greenhouse gas emissions. Entities in developing countries implement emission-reducing technologies and activities to earn credits, which they can sell on international markets. Companies in developed countries can buy these offsets to help meet their own emission reduction obligations at a lower cost than investing in changes to their own operations. This emissions trading system was established under the Kyoto Protocol to help countries cooperatively address climate change on a global scale.
The document provides an overview of carbon credits and the Clean Development Mechanism (CDM) process. It discusses key topics like the Kyoto Protocol, requirements for CDM projects, generating carbon credits, the carbon market, project risks and pricing factors. The CDM allows emission-reduction projects in developing countries to earn certified emission reduction credits, which can be traded and sold, providing a revenue stream to offset project costs.
This document discusses carbon credits and carbon banking. It begins by defining carbon credits as representing one ton of carbon. It then explains how carbon credits were created to control greenhouse gas emissions and how they work as part of an emissions trading system. It discusses the key concepts and mechanisms behind carbon credits, including additionality, criticism of the system, and how carbon credits can benefit countries and companies.
The document discusses various measures and mechanisms within the Kyoto Protocol to reduce carbon emissions. It describes carbon credits which allow countries to produce a certain amount of emissions that can be traded if the full allowance is not used. It outlines mechanisms such as emissions trading, joint implementation, and the clean development mechanism which allow countries and organizations to meet emissions reduction requirements through projects in other countries. It also discusses monitoring of transactions and reporting of emissions inventories, as well as financing for adaptation projects in developing countries.
For more information on Carbon Credits including Carbon Credits Trading and How to buy and sell Carbon Credits please visit us at: http://www.carboncreditstradinginfo.com
Carbon credits were created through the Kyoto Protocol to limit greenhouse gas emissions. Under the protocol, developed countries have emissions caps and can trade carbon credits internationally if they exceed their limits. Carbon credits represent the right to emit one tonne of carbon dioxide and can be traded on emissions exchanges. Companies can purchase credits to offset their emissions and support projects that reduce emissions in other countries. However, critics argue that developed countries are not actually reducing their own emissions by purchasing credits from developing countries.
The document discusses the Kyoto Protocol, an international treaty aimed at reducing greenhouse gas emissions. Some key points:
- The Kyoto Protocol sets binding emissions reduction targets for developed countries over two commitment periods: 2008-2012 and 2013-2020.
- 192 parties have ratified the treaty, though the US signed but did not ratify and Canada withdrew in 2011.
- The main goal is to reduce emissions of six key greenhouse gases - carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.
- Countries can meet targets through domestic action or market mechanisms like emissions trading, joint implementation, and the Clean Development Mechanism which provides
Carbon credits are reductions of greenhouse gas emissions, measured in tons of carbon dioxide, from projects that reduce emissions. They provide a way to reduce emissions on an industrial scale through trading. The Kyoto Protocol established mechanisms like Joint Implementation and the Clean Development Mechanism to generate carbon credits by financing emission reduction projects internationally. Credits can then be traded between countries and companies to help nations meet emissions targets cost effectively. However, some criticize that loopholes allow high emitting nations to avoid caps and question whether some offset projects deliver real reductions.
Climate change has become one of the highest preoccupations of the post-industrial period. Mitigation of climate change, by reduction of greenhouse gases ("GHG") emissions and stabilisation of the carbon dioxide concentrations in the atmosphere has entered the agenda of most government policies. The Kyoto protocol aims to encourage this trend through allocation of a credit system. Carbon investments funds are a key player when implementing such system in green developments.
Curb it balance it emission management &cc using sap (2)Prakash Wagh
The document discusses strategies for businesses to reduce their carbon emissions and improve their carbon footprint. It recommends a "Curb it, Balance it" strategy of both reducing direct emissions and offsetting remaining emissions through carbon credits. A six-step approach is outlined: 1) understand compliance obligations, 2) develop an emissions strategy, 3) create short and long-term plans, 4) operationalize plans, 5) generate reports and dashboards, and 6) continuously review and improve. Integrated IT systems and cross-functional collaboration are important to effectively manage emissions compliance.
This document provides an overview of carbon trading and related concepts. It defines carbon trading as the process of buying and selling permits and credits to emit carbon dioxide. It describes key aspects of carbon trading including carbon markets, carbon credits, cap and trade systems, carbon offsetting, and the three Kyoto mechanisms of emissions trading, clean development mechanism, and joint implementation. It also discusses criticism of carbon trading and concludes that while it can incentivize reducing emissions, questions remain regarding its overall environmental impact.
The document discusses carbon credits and emissions trading under the Kyoto Protocol, in which countries can buy carbon credits from emission reduction projects in other countries if they have exceeded their emissions limits. It provides details on certified emission reduction credits and voluntary emission reduction credits that can be generated and traded from forestry and other clean development mechanism projects. The document also examines examples of ongoing clean development mechanism projects in Israel that generate carbon credits by switching to renewable energy or more efficient technologies.
Carbon credits are certificates issued for reducing greenhouse gas emissions. They are traded via carbon markets and offsetting schemes under the Kyoto Protocol. India has emerged as a leader in adopting clean development mechanisms and cornered over half the global market for certified emission reductions. Indian companies have earned over $1.5 billion from 2005-present by selling carbon credits to developed countries. Municipal solid waste dumping grounds represent a major potential source for new carbon offset projects in India.
The document discusses key concepts related to global carbon markets and climate change mitigation efforts. It describes the Kyoto Protocol and mechanisms like emissions trading, joint implementation, and the Clean Development Mechanism. China is the largest supplier of emissions reductions credits but Africa accounts for a small share of projects. There is debate around whether requirements should apply equally to developed and developing countries given differences in emissions histories and development levels. Carbon markets aim to reduce emissions cost-effectively but some argue they have not adequately supported projects in countries most vulnerable to climate change.
This document discusses carbon credits and the carbon trading market. It provides background on climate change and greenhouse gas emissions. It summarizes the Kyoto Protocol and mechanisms established under it like the Clean Development Mechanism, emissions trading, and joint implementation. CDM projects in India like the Himachal Pradesh forestry project and Delhi Metro are highlighted. India is well positioned in the carbon market as a supplier of credits and there are opportunities for accountants and auditors in this growing area.
The document provides updates on climate change negotiations and policies. It discusses:
1) The findings of the UN's first global stocktake report under the Paris Agreement, which concluded the world is not on track to meet its goals of limiting warming to 2°C.
2) Details agreed for the new Loss and Damage Fund for developing countries, including that it will be hosted by the World Bank for 4 years.
3) Stakeholder consultations being held by India's Bureau of Energy Efficiency on draft rules for implementing its domestic carbon market.
4) Key policies adopted by China to revamp its national carbon market, including stricter monitoring and a unified trading platform.
Similar to Negotiating Carbon Trade & ERPA trabnsactions (20)
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
Maruthi Prithivirajan, Head of ASEAN & IN Solution Architecture, Neo4j
Get an inside look at the latest Neo4j innovations that enable relationship-driven intelligence at scale. Learn more about the newest cloud integrations and product enhancements that make Neo4j an essential choice for developers building apps with interconnected data and generative AI.
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Infrastructure Challenges in Scaling RAG with Custom AI modelsZilliz
Building Retrieval-Augmented Generation (RAG) systems with open-source and custom AI models is a complex task. This talk explores the challenges in productionizing RAG systems, including retrieval performance, response synthesis, and evaluation. We’ll discuss how to leverage open-source models like text embeddings, language models, and custom fine-tuned models to enhance RAG performance. Additionally, we’ll cover how BentoML can help orchestrate and scale these AI components efficiently, ensuring seamless deployment and management of RAG systems in the cloud.
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
How to Get CNIC Information System with Paksim Ga.pptxdanishmna97
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Communications Mining Series - Zero to Hero - Session 1DianaGray10
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.