A specific provision regarding the submission of AAC by PO has been included to Regulation 2016. The selected AD Category -I Bank must get the Annual Activity Certificate (AAC) in Form FNC (Annex D) by the following deadlines: In the case of a single PO, by the relevant PO. If there are numerous POs, the nodal office of the POs will conduct a combined AAC for all of the offices in India. https://www.corpzo.com/project-office