Concession agreement - Revision history

Designing Buildings at 12:58, 8 February 2021

2021-02-08T12:58:07Z

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	* Utilities.		* Utilities.

−	[[Category:~~DCN_Dataset~~]] [[Category:DCN_Guidance]] [[Category:Contracts_/_payment]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Contracts_/_payment]] [[Category:Procurement]]

Designing Buildings at 09:08, 6 November 2020

2020-11-06T09:08:05Z

← Older revision		Revision as of 09:08, 6 November 2020
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	* Utilities.		* Utilities.

−	[[Category:Contracts_/_payment]] [[Category:Procurement]]	+	[[Category:DCN_Dataset]] [[Category:DCN_Guidance]] [[Category:Contracts_/_payment]] [[Category:Procurement]]

Editor at 18:02, 25 January 2019

2019-01-25T18:02:20Z

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	An example of a high-profile concession agreement is that which exists between the French and British governments and the private contractors The Channel Tunnel Group Ltd. and France-Manche S.A. for the operation of the Channel Tunnel.		An example of a high-profile concession agreement is that which exists between the French and British governments and the private contractors The Channel Tunnel Group Ltd. and France-Manche S.A. for the operation of the Channel Tunnel.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Build, own, operate and transfer (BOOT).		* Build, own, operate and transfer (BOOT).
		+	* Complex project.
	* Construction contract.		* Construction contract.
	* Equivalent project relief provisions.		* Equivalent project relief provisions.

Editor at 15:13, 26 February 2018

2018-02-26T15:13:08Z

← Older revision		Revision as of 15:13, 26 February 2018
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* Build, own, operate and transfer (BOOT).
	* Construction contract.		* Construction contract.
	* Equivalent project relief provisions.		* Equivalent project relief provisions.

Designing Buildings at 09:02, 19 February 2018

2018-02-19T09:02:26Z

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	* Services: Where a contractor is contracted to provide a service and payment is received, in full or in part, from the usage of that service. For example, a contractor is contracted to operate, maintain and invest in public utilities such as water or rail services.		* Services: Where a contractor is contracted to provide a service and payment is received, in full or in part, from the usage of that service. For example, a contractor is contracted to operate, maintain and invest in public utilities such as water or rail services.

−	Both types of concession agreement involve a transfer to the contractor of the ‘operating risk’, i.e. either the demand or supply not ~~being~~ sufficient to make the service or work a profitable venture.	+	Both types of concession agreement involve a transfer to the contractor of the ‘operating risk’, i.e. the risk that either the demand or supply are not sufficient to make the service or work a profitable venture.

−	Complex PFI projects may include a concession agreement, providing private contractors with the rights to use certain ~~infrastructure~~. In conferring these rights, however, the government or legal authority may stipulate certain expectations with regard to the level of maintenance and investment that is undertaken, as well as operational standards that must be met.	+	Complex Private Finance Initiative (PFI) projects may include a concession agreement, providing private contractors with the rights to use certain assets. In conferring these rights, however, the government or legal authority may stipulate certain expectations with regard to the level of maintenance and investment that is undertaken, as well as operational standards that must be met.

−	An example of a high-profile concession agreement is that which exists between the French and British governments and the private contractors The Channel Tunnel Group Ltd. and France-Manche S.A. for the ~~operations~~ of the Channel Tunnel.	+	An example of a high-profile concession agreement is that which exists between the French and British governments and the private contractors The Channel Tunnel Group Ltd. and France-Manche S.A. for the operation of the Channel Tunnel.

	= Find out more =		= Find out more =

Editor at 12:13, 13 February 2018

2018-02-13T12:13:06Z

← Older revision		Revision as of 12:13, 13 February 2018
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	* Private finance initiative.		* Private finance initiative.
	* Public Private Partnership.		* Public Private Partnership.
		+	* Utilities.

	[[Category:Contracts_/_payment]] [[Category:Procurement]]		[[Category:Contracts_/_payment]] [[Category:Procurement]]

Editor: Created page with "A concession agreement is a negotiated contract that grants rights to a company by a government, local authority, or other legal entity. There are two types of concession agreem..."

2018-02-13T12:07:56Z

Created page with "A concession agreement is a negotiated contract that grants rights to a company by a government, local authority, or other legal entity. There are two types of concession agreem..."

New page

A concession agreement is a negotiated contract that grants rights to a company by a government, local authority, or other legal entity.

There are two types of concession agreement:

* Works: Where a contractor is contracted to perform construction works in return for payment which is, in full or in part, the right to exploit the works. For example, a contractor who builds a bridge may be given the right to levy a toll on bridge-users.
* Services: Where a contractor is contracted to provide a service and payment is received, in full or in part, from the usage of that service. For example, a contractor is contracted to operate, maintain and invest in public utilities such as water or rail services.

Both types of concession agreement involve a transfer to the contractor of the ‘operating risk’, i.e. either the demand or supply not being sufficient to make the service or work a profitable venture.

Complex PFI projects may include a concession agreement, providing private contractors with the rights to use certain infrastructure. In conferring these rights, however, the government or legal authority may stipulate certain expectations with regard to the level of maintenance and investment that is undertaken, as well as operational standards that must be met.

An example of a high-profile concession agreement is that which exists between the French and British governments and the private contractors The Channel Tunnel Group Ltd. and France-Manche S.A. for the operations of the Channel Tunnel.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Construction contract.
* Equivalent project relief provisions.
* How business can bridge the infrastructure gap.
* Managing the procurement process.
* PFIs and adjudication.
* Private finance initiative.
* Public Private Partnership.

[[Category:Contracts_/_payment]] [[Category:Procurement]]