will have to prepare a presentation on the following topic: How to manage the construction phase in a concession?
I am also giving you the link to access all documents sent by the professor for the preparation of their respective module – https://drive.google.com/open?id=1tWSG2KfChFd5Tmk7i2_w2hH_rwHe1PBt
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
State And International Trade Law
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Content Introduction Concession agreements Compulsory acquisition of land Conclusion References
Introduction Concessional contract are the contracts that are entered between government and private players in the industry. This is an agreement that gives right to company so that they are able to operate specific business within the governments jurisdiction whilecomplyingwithcertaintermsandconditions.This presentation is based on how to manage construction contracts in the phase of concession.
Concession agreements The word concession agreement is considered as the agreement that is entered between private players of construction industry and the government of the country. This is the agreement that considered to be entered between the owner of facility and the concession owners who grants exclusive rights to operate a specified business in the facility under specified conditions.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue... There are two types of contracts that may be entered which includes the following: Works Services
Continue.... The companies while undertaking to complete the project should take care of compulsory acquisition of land and compensation structure that would be paid to the holders and the laws that are related to it. The compulsory acquisition of land takes place as and when it is required by the government to develop a project on that land. The public purpose is defined as where the great variety among the national laws in the extent of speciality exist.
PPP Model and Compulsory Acquisition In various countries law provides an itemised list of the land use which can be regarded as public purpose. These includes the following: Transportation use Public building For utilities such as water, sewage Public parks, playgrounds and cemeteries
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Conclusion From the above report it is concluded that the concession agreements are the agreements which are entered between the government of the country and the private partners of the country. These agreements are the source that helps the country to achieve the target of infrastructural development. Companies should check the laws and the legislature that affects them the most.
References Barton,L.,2017.Theinnovationofinvestor-statearbitrationunder NAFTA. InGlobalization and International Investment(pp. 127-135). Routledge. Cullet, P., 2017.Differential treatment in international environmental law. Routledge. Kirton, J.J. and Trebilcock, M.J., 2017.Hard choices, soft law: Voluntary standards in global trade, environment and social governance. Routledge.