Examples of Service concession in a sentence

The unique nature of a National Park Service concession blends commercial enterprise with the treasured historic, cultural, and, natural assets that the Director is responsible for protecting.
Service concession assets (including those provided by the operator, an upgrade to or a major component replacement of an existing asset of the grantor; and existing assets of the grantor – also applicable to previously unrecognised intangible assets except goodwill) are initially measured at current replacement cost based on AASB 13 Fair Value Measurement principles.
Service concession arrangement is a contractual arrangement between a grantor and an operator in which an operator uses the services concession asset to provide a mandated function on behalf of a grantor for a specified period, where the operator is compensated for its services over the period of service concession arrangement.
Service concession liabilities are initially measured at the same amount as the service concession asset and subsequently measured using either the 'financial liability' model applying AASB 9 Financial Instruments or, the 'grant of right' model under AASB 1059 Service Concession Arrangements.
Service concession arrangements (formerly classed as PFI and similar contracts) are agreements to receive services, where the responsibility for making available the property, plant and equipment needed to provide the services passes to the contractor.

More Definitions of Service concession

Service concession means a contract of the same type as a service contract except for the fact that the consideration for the provision of services consists either solely in the right to exploit the service or in that right together with payment.

Service concession means a service concession and licence granted by KCRC to the Company under the Service Concession Agreement;

Service concession means a contract of monetary interest entered into in writing by which one or more contracting authorities entrust the provision and administration of services to one or more economic operators, the remuneration of which consists in the right to use the services to which they are subject of the contract, or in that right along with the payment;

Service concession means a contract of the same kind as a service cont- ract, but which involves consideration for the services comprising wholly or in part the right to exploit the service.

Service concession shall have the same meaning as set out in The Concession Contracts Regulations 2016 Services: the services to be delivered by or on behalf of the Supplier under this agreement, as more particularly described in Schedule 1. Sub-Contract: any contract between the Supplier and a third party pursuant to which the Supplier agrees to source the provision of any of the Services from that third party. Sub-Contractor: the contractors or suppliers that enter into a Sub-Contract with the Supplier. Target KPI: NOT USED. Term: the period of the Initial Term as may be varied by:

Service concession. (服務經營權) means an arrangement under which the rights of KCRC to have access to, use or possess certain railways, and certain other

Service concession. (服務經營權) means an arrangement