DRAFT CONCESSION AGREEMENTConcession Agreement • January 16th, 2024
Contract Type FiledJanuary 16th, 2024Contents PART I Preliminary Concession Agreement 1 Definitions and Interpretation 1.1 Definitions 1.2 Interpretation 1.3 Measurements and arithmetic conventions 1.4 Priority of agreements, clauses and schedules PART II The Concession 2 Scope of the Project 2.1 Scope of the Project 3 Grant of Concession 3.1 The Concession 4 Conditions Precedent 4.1 Conditions Precedent 4.2 Damages for delay by the Authority 4.3 Damages for delay by the Concessionaire 4.4 Commencement of Concession Period 4.5 Deemed termination upon delay 5 Obligations of the Concessionaire 5.1 Obligations of the Concessionaire 5.2 Obligations relating to Project Agreements 5.3 Obligations relating to Change in Ownership 5.4 Obligations relating to employment of foreign nationals 5.5 Obligations relating to employment of trained personnel 5.6 Facilities for differently abled and elderly persons