Concession Agreement Ppp

Example 8: Review of Selected Rail Concessions in Sub-Saharan Africa – World Bank Report, 2006 – Appendix C of the report contains a comparative revision of the contractual clauses relating to access to third-party channels for various concession/farming agreements [Camrail (Cameroon), Sitarail (Ivory Coast – Burkina Faso), Madarail (Madagascar) and Transrail (Madagascar) and Transrail (Senegal) and Transrail (Senegal) The provision relating to the date of the review, The tendering requirements The rights of the dealer/private company, the final payment when the dealer does not participate are included. Failure and cessation events. Considerations include concession insolvency, Agency default, termination due to dealer default events or agency events, commitments and rights of the parties, termination procedures and payments, and asset claims. Example 7: Sub-Saharan Africa: Ifrikya Railway Concession – a case study by Karim-Jacques Budin, SSATP Working Paper No. 64, World Bank, 2003 (English and French) – The case study contains a model of concession agreement (section 3) developed for a sub-Saharan African state. This model contract provides that the use of the rail infrastructure operated by the concessionaire may be open to other railway companies in the circumstances under Article 6 of the concession agreement. Use by third parties would be based on specific lane access agreements between the dealer and the operator concerned, for which a fee for the use of the infrastructure is levied. A lease is akin to a concession, with the government generally liable for investments. Firming, in particular, may have special significance in certain legal orders. The World Bank`s explanatory notes on water regulation (Groom et al. 2006, 36-42) describe leases and concessions. These contracts may or may not be covered by the definition of PPPs, depending on the length of the contract. Concession agreements are essential for infrastructure development in the country.

WABs have proven to be very useful in simplifying concession agreements. It has reduced delays and costs of implementing these agreements.

No Comments, Comment or Ping