Examples of Autostrade Italia Concession in a sentence
The Single Concession Contract replaced the previous agreements between the parties relating to the Autostrade Italia Concession.
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Prior to the enactment of the Single Concession Contract, the Autostrade Italia Concession was governed by a concession agreement entered into with ANAS in 1997 (as subsequently amended, “Single Concession Contract”) and a series of supplementary addenda, the most significant of which was entered into in 2002 (the “2002 Supplementary Agreement”).
Following the Morandi Bridge Collapse, the Italian Government has initiated a procedure for the assessment of a serious breach of the Single Concession Contract, which may ultimately lead to the revocation of the Autostrade Italia Concession; Autostrade Italia is discussing with the Italian Government and the MIT the terms of the Settlement Process, which are aimed at avoiding the revocation of the Autostrade Italia Concession.
The Autostrade Italia Concession, which contributed 89.5% and 88.3% (in each case excluding consolidated adjustments) of the Group’s revenue in 2019 and for the six months ended 30 June 2020.
See “—Works” and “— The Autostrade Italia Concession — Tariff Rates”.Key Concession TermsThe Single Concession Contract grants Autostrade Italia the right to continue to operate and manage the motorways and related infrastructure granted under the concession until 31 December 2038.The Single Concession Contract implemented (i) a new formula for tariff adjustments; (ii) new detailed rules on Autostrade Italia’s rights and obligations; and (iii) a revised investment plan.
Prior to the enactment of the Single Concession Contract, the Autostrade Italia Concession was governed by a concession agreement entered into with ANAS in 1997 (as subsequently amended, “1997 Concession Agreement”) and a series of supplementary addenda, the most significant of which was entered into in 2002 (the “2002 Supplementary Agreement”).
The Italian Group Network comprises 3,019 kilometres3 of motorways in Italy, of which the Autostrade Italia Concession (the “Autostrade Italia Network”) accounts for 2,855 kilometres or 94.5% of the Italian Group Network.
Following the Morandi Bridge Collapse, the Italian Government initiated a procedure alleging Autostrade Italia’s serious breach of the Single Concession Contract, which may ultimately lead to the revocation of the Autostrade Italia Concession; Autostrade Italia is discussing with the Italian Government and the MIT the terms of the Settlement Process, which are aimed at avoiding the revocation of the Autostrade Italia Concession.
Empirical estimates with logistics performance index data", Journal of Economics Library (forthcoming).