State Act

7

Section 7. Functions of the Board.

TAMIL NADU INFRASTRUCTURE DEVELOPMENT ACT 2012

Act no. 22 of 20122012In forceTamil Nadu (State Act)

7. Functions of the Board.— The Board shall,— (1) act as a nodal agency to co-ordinate the efforts of the Government in regard to the development of the Infrastructure sectors in the State; (2) identify or conceptualize, prioritize and determine the sequence of Projects and recommend to the Government a shelf of Projects for implementation in the State; (3) identify bottlenecks in the Projects and recommend policy initiatives to rectify the same; (4) formulate policies related to the sectors specified in Schedule I, so as to ensure that Project risks are identified and allocated between the stakeholders; (5) co-ordinate with the departments concerned and the implementing agencies; (6) prepare documents including feasibility study reports and detailed Project study reports, internally or through external consultants or experts; (7) scrutinize, evaluate and prioritize the Projects proposed by a public agency and recommend to the Government for its implementation; (8) prescribe the form of tender documents for all Projects; (9) designate the public agency, which shall implement a Project through public sector mode or through a public-private partnership; (10) approve concession agreements in respect of the Projects identified by the Board; (11) evaluate and recommend financial support from the Government under the Tamil Nadu Infrastructure Development Fund or from the Central Government; (12) co-ordinate with the Government, any Government agency and the sponsoring agency in the execution of public-private partnership projects; (13) manage and utilise the Project Preparation Fund; (14) promote and oversee, capacity building for project appraisal, project management, procurement, and related areas in Government departments and public agencies; and (15) perform such other functions as may be entrusted to it by the Government.