Review of Concession Agreement

Categories: Commercial Law
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About Course

A concession agreement is typically the basis for a Public Private Partnership project. It details an agreement or concession to a private company to carry out a governmental or semi-governmental activity. Under poorly structured agreements, the partnership has a higher likelihood of failing. With huge financial and other resources at stake, both on the part of government and private entities involved in the project, it is imperative that quality time and resources are spent on designing good legal agreements and contracts. This course reviews the regular features of a concession agreement and explains how same is used to undertake projects for the public good.

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What Will You Learn?

  • The general rules and principles of drafting concession agreements.
  • How to structure a typical concession agreement.
  • Analyzing issues in concession agreement and negotiating terms of the agreement.
  • How to edit and review concession agreements after the initial draft

Course Content

Review of Concession Agreement

  • Introduction/Commencement
    06:32
  • Recital/Grant of Concession
    05:52
  • Scope of the project/Effective Date and Concession Term
    05:47
  • Condition precedent
    03:57
  • Condition Precedent contd
    05:23
  • Concession Fee & Other payment Terms
    05:42
  • State Review/Early Review/Change of Scope
    04:56
  • Change of Scope
    03:52
  • Insurance
    04:05
  • Uninsurable Risk/Change of Ownership/Independent Expert
    05:20
  • Independent Expert/Force Majeure/Mediation/Arbitration
    05:43
  • Other Relevant Clauses
    05:02
  • Boilerplates Provisions
    05:03
  • Schedules
    04:08