Special Announcement

NCD Committee Terms of Reference

Functions

1. To oversee the master planning of NCD development with the objectives of maximizing the commercial value and development potential of the land in the best interest of the airport.
2. To advise and make recommendations to the Board on the development strategies for the NCD site, including, inter alia, the development phasing, the enabling works and cost.
3. To approve(1) or make recommendations to the Board on major terms and conditions of commercial tenders for NCD development and the award of such tenders.
4. To review and approve(1) the procurement strategy, the relevant budget and the subsequent tender award of enabling works contracts and consultancy agreements required for NCD development in accordance with the delegated authority by the Board.
5. To advise on interfacing issues between NCD and other developments within the vicinity such as 3RS, HKBCF, Lantau developments, etc.
6. To advise on transport link and connectivity issues in relation to NCD development.
7. 7. To monitor the progress of NCD development.
8. To oversee and advise on the public relations strategies and marketing programmes relating to NCD development.
9. Any other matters as delegated to it by the Board.

(1) Up to $500M for works contracts and $100M for consultancy agreements.