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Concession Contract Terms and Conditions: Retail, Food and Beverage, AdvertisingJodi Howick Durham Jones & Pinegar April 13, 2011D J PPurpose of a ConcessionThe broad goals of a concession are.

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A concession agreement is a contract that gives a company the right to operate a specific business within a government's jurisdiction or on another firm's property, subject to particular terms.

Concessions are administrative contracts, and though the award may be direct for minor contracts (low amounts), a public bidding procedure generally must be followed, attended by different companies under a framework of equality and free competition.

The conditions in a concession agreement can include payment of fees, percentage of revenue made or being liable for the cost of maintaining the facility.

In a public contract, companies receive a fixed amount for carrying out a project or providing a service. With a concession, companies' remuneration mainly consists of the authorization to manage and use a work or service, which entails the risk of possible losses in the investments made.

Concession Agreements Standard Concession (or Franchise) Agreement. Concessions Providing for Shared Track Use. Concessions Granting Haulage Rights.

Concession contracts are used by public authorities to deliver services or construct infrastructure. Concessions involve a contractual arrangement between a public authority and an economic operator (the concession holder).

Concession Agreements Standard Concession (or Franchise) Agreement. Concessions Providing for Shared Track Use. Concessions Granting Haulage Rights.

For example, a concession agreement exists between the governments of France and the U.K. and two private companies regarding the Channel Tunnel. The British Channel Tunnel Group Limited and the French France-Manche S.A. operate the Channel Tunnel, often referred to as the "Chunnel" under this agreement.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232