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welcome back everyone lets move on to our next topic tripartite agreement as per class 8 of the kiff scheme the government shall enter into a tripartite agreement with the board and a special purpose vehicle for implementing the project the requirement arises when a public agency or the administrative department seeks financial assistance from kfb to implement projects through sbbs a tripartite agreement is executed amongst the special purpose vehicle spv as the first part who are entrusted with the task of implementing the approved project the public agency or the administrative department as the second part issuing the administrative sanction and kfb as the third part that ensures effective and time-bound implementation fund flow etc the authorized signatories of the parties are as follows the ceo of the spv for the first part the secretary of the public agency or head of the department for the second part the ceo of gif b for the third part now lets have a look at some of the imp