DBJV

AcronymDefinition
DBJVDeutsch Brasilianische Juristenvereinigung (German)
References in periodicals archive ?
Some delays have been experienced, including crane use requirements and related increases in costs (DBJV has submitted a settlement offer to the Port Authority for consideration) and design elements relating to flood insurance rating maps for Concourses A and B (since resolved with no further design requirements).
The DBJV has been responsible for the payment of liquidated damages (LDs) since May 30, 2018, when the Concourse B1 milestone was not met; LDs are also due from Aug.
LGP has indicated to Fitch that they are working with the DBJV on revised project phasing that should allow milestones for Concourse A1 and A2 to be met on-schedule.
For the nine months ended 30 September 2016, the DBJV Interest generated USD 16.6m in net income and USD 26.3m in Adjusted EBITDA1.
The Commonwealth continues to be supportive of the project and pay availability payments, and there have been no material performance issues on the part of the DBJV, which should allow for resolution to be reached.
Under the terms of an agreement, WES will acquire WPZ's 50% non-operated interest in the assets of Delaware Basin JV Gathering LLC (DBJV) in exchange for WES's 33.75% non-operated interest in two natural gas gathering systems (the Non-Operated Marcellus Systems) located in northern Pennsylvania and USD155m in cash.
Currently, WES holds a 50% interest in, and operates, DBJV's assets, which consist of a 577-mile natural gas gathering system serving Anadarko and third party producers in Loving, Ward, Winkler and Reeves Counties, Texas.
The low-complexity project is currently being constructed via a DBJV consisting of experienced contractors, including Dragados USA (parent company Dragados, S.A., the construction arm of ACS Group), with a joint and several liability.
Experienced DBJV with Robust Security Package (Completion Risk - Stronger):
The Commonwealth continues to be supportive of the project and pay APs, and there have been no material performance issues on the part of the DBJV, which should allow for resolution to be reached.
Experienced DBJV with Sufficient Security Package [Completion Risk: Midrange]: The project will be constructed via a design-build joint venture (DBJV) whose members (Walsh Construction and VINCI) are affiliates of the equity sponsors of the project.
The March 2015 flood delay qualified as a relief event under contract with the IFA and so the DBJV was not responsible for liquidated damages.