Examples of Public works concession in a sentence
Public works concession is a public works contract whereby the consideration by the contracting authority for the works to be carried out consists either in the right to exploit the work for a specified period of time or in this right together with monetary consideration, and in which the whole risk or at least the major part of the risks related to the exploitation are borne by the winning tenderer.
Public works concession" is a contract of the same type as a public works contract except for the fact that the consideration for the works to be carried out consists either solely in the right to exploit the work or in this right together with payment.3a.
Public works concession contracts36.—(1) A contracting authority seeking offers in relation to a public works concession contract must comply with this regulation.(2) These Regulations do not apply to the seeking of offers in relation to a proposed public works concession contract where the estimated value of the contract (net of value added tax) at the relevant time is less than the amount set out in Article 56.
Public works concession and Public service concession are treated differently in the directives.
In addition, under Article 2 (5), the Act also applies to various "forms of public-private partnership not prohibited by law, as well as to the award of contracts Public works concession ".
However, there are other amendments to Regulation 33 (Design contests), Regulation 36 (Public works concession contracts) and Regulation 37 (Sub- contracting the work or works to be carried out under a public concession contract) that are not highlighted below.
Select only one.) No Issues Identified Potential Issues Identified (explain in summary) B.01.c. Statement of Issue (Leave blank if no issue was identified.) B.01.d. If the operator specifies the use of "other technology," verify that notification to PHMSA is required in accordance with Part 192.949, 180 days before conducting the assessment.
Concessions (1) Public works concession for the purposes of this act is a contract the object of which is the same as in the public works contract mentioned in section 4(3) of this act and according to which the fee for the works mentioned in the same subsection lies either in the right of the concessionaire to exploit the work or in that right together with the monetary payment of the contracting authority.
These last, telecommunication and transport sectors are the most relevant from the economic point of view (in euro invested).In Italy Public works concession and service concession contracts represent the most widely used forms of PPP contract.
Public works concession is a public works contract whereby the consideration by the contracting authority for the works to be carried out consists either in the right to exploit the construction for a specified period of time or in this right together with payment.