(a) Construction of the Project Highway on the Site set forth in Schedule A and a s specified in Schedule-B together with provision of Project Facilities as speci fied in Schedule-C, and in conformity with the Specifications and Standards set forth in Schedule-D; (b) Operation and Maintenance of the Project Highway is in accordance with the p rovisions of the Agreement; (c) Performance and fulfillment of all other obligations of the Concessionaire i n accordance with the provisions of this Agreement and matters incidental theret o or necessary for the performance of any or all of the obligations of the Conce ssionaire under this Agreement. i. Construction of Four Lane Project Highway including Two Bypasses and Construc tion of Two Lane Project Highways including Two Bypasses, as described in Conces sion Agreement ii. Operation and Maintenance of the Project Highway in accordance with the prov isions of Agreement iii. Performance and fulfillment of all other obligations of the Concessionaire in accordance with the provisions of Agreement. PROJECT MILESTONE PROJECT MILESTONE During construction period, the concessionaire shall comply with the requirement s set forth in schedule G for each of the project mile stone and the scheduled f our / two laning date with in 15 (fifteen) days of the date of each project mile stone, the concessionaire shall notify to the Authority of such compliance along with necessary particulars. PROJECT COMPLETION SEDULE AND MILESTONE Sr.no Milestones Period of appointment date Completion date Descript ion Remarks 1 Milestone - I 200th day 19-April-2014 Concessionaire shall have commenced construction of Project Highway and expended not less than 10 % of the total capital cost set forth in the Financial Package. Achieved 2 Milestone-II 410th day 15-Nov-2014 Concessionaire shall have commenced construction of all bridges and expended not less than 35 % of the total capital cost set forth in the Financial Package. 3 Milestone -III 620th day 13-June-2015 Concessionaire shall have commenced construction of all Project Facilities and expended not less than 70 % of the total capital cost set forth in the Financial Package. 4 Scheduled Completion Date 730th day 01-Oct-2015 Concessionaire shall have completed the Four-Lane Project Highway in accordance with this Agreement. PRE CONSTRUCTION ACTIVITIES PRE-CONSTRUCTION ACTIVITIES STATUS OF LAND ACQUISION Consequent to availability of land, the handing over has been completed between authority and concessionaire as per following details, Appointed date has been d eclares as 01st Oct. 2013 and work commenced at site as per approved programme a nd drawings. HANDING AND TAKING OVER