IMPLEMENTATION PLAN

IMPLEMENTATION PLAN

 

There are five streams of activity in-plan

1)      Constitution of SPV (Special Purpose Vehicle) – the SPV is a critical institution for the implementation of the Proposal. The SPV will be owned by GOK and KMC with 50%-50% shareholding pattern. The suggested Board of Directors is given below:

§  Chairperson (Chief Secretary,)

§  CEO

§  Representatives appointed by GOK

§  Central Government nominee, appointed by MoUD

§  Independent Directors as per companies Act requirements

2)      Monitoring and Review – in-line with the three-tier institutional structure at City, State and National levels planned under the Smart City Guidelines.

3)      Preparatory actions and implementation roll-out – the SPV will take stock of the preparatory status and will prepare an implementation roll-out plan within three months of it its first board meeting

4)      Procurement and contracting – this will significantly improve the attractiveness of the project for private participation

5)      Sustainable O & M – the SPV will either handle the O & M on its own or delegate it to line agencies or private service providers depending on the nature of arrangements for implementing different components.