(1) The Government may, by notification, for exercising the powers conferred on and performing the functions and duties assigned to the Board by or under this Act, establish the Punjab Roads and Bridges Development Board.
(2) The Board, established in terms of sub-section (1), shall consist of a Chairman, Vice-Chairman and the following other members, namely: -
(i) Chief Minister, Punjab … Chairman
(ii) Minister Public Works (B&R) … Vice-Chairman
(iii) Chief Secretary … Member
(iv) Secretary Excise and Taxation … Member
(v) Secretary Finance … Member
(vi) Secretary Planning … Member
(vii) Secretary Transport … Member
(viii) Secretary Public Works (B&R) … Member-Secretary
(ix) Chief Engineer of Public Works … (Incharge of Roads and Bridges) Member 1[(x) two experts, who have knowledge and … standing in the field of highway engineering or traffic management, to be nominated by the Chairman;
and Members
(xi) two experts, who have knowledge and … standing in the field of infrastructure development, banking, financing or economics to be nominated by the Chairman.
Members]
(3) The Board constituted in terms of sub-section (2), shall be a body corporate having perpetual succession and a common seal with powers, subject to the provisions of this Act to acquire, borrow and raise commercial loans and hold property and shall by the said name, sue and be sued.
1 Added by Punjab Act No. 3 of 2006, Section 3 Establishment of Board, its constitution, powers and duties.
(4) The Government shall exercise general superintendence and control over the Board and its employees and may call for such information, as it may deem necessary.
(5) Subject to the rules made under this Act, an estimate of annual income and expenditure of the Board for the ensuing Financial Year shall be got prepared by the Member-Secretary of the Board and shall be submitted to the Board for approval.
(6) An annual statement of income and expenditure of the Board shall be got prepared by the Member-Secretary and after obtaining approval of the Board, the same shall be sent to the Government within a period of three months from the date of the closure of the Financial Year.
1[(7) There shall be an Executive Committee of the Board, which shall consist of a Chairman and the following other members, namely: -
(i) Minister of Public Works, (B&R), Punjab …Chairman
(ii) the Chief Secretary to Government of Punjab …Member
(iii) the Principal Secretary to Government of Punjab, Department of Finance …Member
(iv) the Principal Secretary to the Chief Minister, Punjab …Member
(v) the Secretary to Government of Punjab, Department of Planning …Member
(vi) the Secretary to Government of Punjab, Department of Public Works …Member- Secretary
(vii) two members of the Board, to be nominated by the Chairman.
…Members
(8) The Executive Committee shall exercise such powers and perform such functions, as may be delegated to it by the Board.
(9) The Board may, constitute other committees to exercise such powers and perform such functions, as it may provide by regulations.]
1 Added by Punjab Act No. 3 of 2006, Section 3 1[3-A. In addition to the powers and duties mentioned in section 3, the Board shall exercise the powers and perform the following functions and duties as mentioned below: -
(a) to aid and advise the Government in formulation and implementation of policies, schemes, projects and programmes for improving the quality of road network and bridges in the State;
(b) to promote efficiency and cost effectiveness in development, construction, repair, renovation, rehabilitation, improvement, expansion, alteration, replacement, operation and maintenance of roads and bridges in the State;
(c) to promote private participation and public private partnership in the infrastructure projects including heritage buildings;
(d) to undertake on its own or on behalf of the Government, the infrastructure projects, including heritage buildings with private participation on build operate and transfer basis or any other basis as may be agreed upon between the parties with the approval of the Government and for this purpose to award or grant any rights, privileges, financial incentives, benefits, leases or concessions, as the case may be, subject, however, to the condition that such award or grant shall be made on the basis of the competitive bidding or any other method, which the Government may, by order, specify :
(e) to determine the terms and conditions of concessions, loans and contractual arrangements including preparation of all the necessary documents, bids, tender documents, concession Agreements and other contracts including various contractual arrangements with the advice or assistance of internal or external consultants;
(f) to acquire, hold, develop or construct any property, moveable or immovable and to licence, lease, exchange, sell or otherwise permit the use of any such property for any infrastructure projects undertaken by the Board on its own or on behalf of State Government with private participation on the basis of any models of contract specified in Schedule II of the Punjab Infrastructure (Development and Regulation) Act, 2002 or on any such other basis, as the Government, may, by order, specify;
1 Inserted by Punjab Act No. 3 of 2006, Section 4 Additional powers and functions of the Board.
(g) to undertake restoration, upkeep, maintenance and operation of any heritage building, entrusted to it by the Government;
(h) to undertake any other work or function, assigned to it by the Government in furtherance of the objectives of this Act; and
(i) to perform functions and to do actions incidental or consequential or which are more effectual in the discharge of functions and duties and in the exercise of powers, conferred under this Act.]
4. The accounts of the Fund constituted under sub-section (1) of section 7, shall be audited by the Local Fund Examiner, Punjab.