If you often work outside your workplace and accomplish tasks on the go, then DocHub is the document editing service you need. It’s a cloud solution that operates on any internet-connected device, and you can work with it from anywhere. The interface is easy-to-use yet rich, so you’ll need only a couple of moments to Italics letter in Concession Agreement Template and make other essential updates.
Stop wasting time trying to find an excellent document editor; try out DocHub now and complete your paperwork wherever you are!
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract, are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the government and will in turn be paid an agreed fee. A grant of land or property by a government may be in return
