Example 7: Sub-Saharan Africa: Ifrikya Railway Concession – Case Study by Karim-Jacques Budin, SSATP Working Paper No. 64, World Bank, 2003 (English and French) – The case study contains a model railway concession agreement (Section 3) designed for a sub-Saharan African State. That model contract provides that the use of the railway infrastructure operated by the concessionaire may be open to other railway undertakings in the circumstances referred to in Article 6 of the concession contract. Use by third parties is based on access agreements to specific lanes between the concessionaire and the operator concerned, for which an infrastructure charge is charged. Muhammad Ali of Egypt used contracts called concessions to build cheap infrastructure — dams and railways — with foreign European companies raising capital, building projects and generating most of the operating revenue, but Ali`s government providing some of that revenue. [3] For more examples of concessions, see Gibbons v. Ogden and the railroad policy of the United States. Example 8: Review of Selected Railway Concessions in Sub-Saharan Africa – World Bank Report, 2006 – Annex C of the report contains a comparative review of contractual clauses relating to third-party access to tracks for different concession/chartering agreements (Camrail (Cameroon), Sitarail (Côte d`Ivoire – Burkina Faso), Madarail (Madagascar) and Transrail (Senegal and Mali)). The terms of a concession contract depend to a large extent on its timeliness. For example, a contract to operate a food concession in a popular stadium may not provide much incentive to the concessionaire. On the other hand, a government that wants to attract mining companies to a poor area can offer significant incentives.
These incentives could include tax breaks and a lower licensing rate. For example, there is a concession contract between the governments of France and the United Kingdom and two private companies concerning the Channel Tunnel. British Channel Tunnel Group Limited and the French company France-Manche S.A. operate the Channel Tunnel, often referred to as “Chunnel” under the agreement. The tunnel connects the two countries and allows passenger and freight traffic between them. It is 31.5 miles long, with 23.5 miles under the English Channel. This makes the underwater tunnel the longest in the world and an important part of public infrastructure. Site owners and concession sellers often use concession agreements to determine the scope and terms of payment for the lease of concession space.
If this agreement contains the relevant information, it can help limit disagreements by ensuring that both parties share mutual understanding. Unlike generic PDF templates you may encounter elsewhere, each Rocket Lawyer dealership contract offers the possibility of defending® documents, so a lawyer from our network can review the situation and take action if you get unpaid or have another problem. In the UK, the threshold for concession contracts is £4,104,394. A concession contract is a contract that gives a company the right to operate a particular business in the jurisdiction of one government or on the ownership of another company under certain conditions. Concession contracts are often contracts between the non-state owner of an entity and a concessionaire or concessionaire. The agreement grants the concessionaire the exclusive right to operate its business in the facility for a certain period of time and under certain conditions. Concession agreements, also known as concession contracts, cover various industries and are available in many sizes. These include mining concessions worth hundreds of millions of dollars, as well as small food and beverage concessions at a local cinema. Regardless of the type of concession, the concessionaire must generally pay the concession fee to the party granting the concession fee. These fees and the rules by which they can change are usually described in detail in the contract.
A concession contract is a contract between two parties in which one party grants the other the right to operate a particular business under certain conditions. In a concession contract, land, land and other rights are negotiated between the two parties to the contract. Example 1: Armenia – Concession contract for the transfer of the Armenian railway system to the “South Caucasus Railway” Closed joint-stock company Established by “Russian Railways” Closed open joint-stock company – Concession contract between the Republic of Armenia (“Konzeduktive”), the South Caucasus Railway (“Concessionaire”) and the Russian Railway (“Guarantor”) for the modernization and operation of the Armenian Railway. . . .
