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How to Save Concession Agreement in PPR

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The webinar titled "Understanding the PPR: What It Is and How to Complete It" offers an overview of the reporting requirements and due dates associated with Performance Progress Reports (PPR). It details the specific PPR forms, the required data and indicators grantees must report, and provides tips on essential information for PPR submissions. The session is recorded, and access details for the recording will be shared post-presentation. Program Manager Rafael J. Elizalde introduces the session, highlighting the importance of participation and extending greetings to attendees.

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What are concessions in government?

c(1) : a grant of land or property especially by a government in return for services or for a particular use. (2) : a right to undertake and profit by a specified activity.

What is concession agreement between a public entity and private entity?

A concession agreement is a license awarded by a government authority to a private entity for the execution and implementation of a public service. The license granted are some rights pertaining to the project granted to the private entity for a limited period which originally resides with the government.

What is concession agreement between public and private entity?

A concession agreement is a license awarded by a government authority to a private entity for the execution and implementation of a public service. The license granted are some rights pertaining to the project granted to the private entity for a limited period which originally resides with the government.

What are the advantages of concession?

Advantages of a concession agreement It spreads the risk involved for both parties and no single partys share is at risk. It involves a high level of private investment which will result in better enforcement and implementation of the projects involved.

What is meant by concession agreement?

A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity.

What is the principle of concession?

Explanation: This principle relates to the fairness, transparency and accessibility of the rules and procedures governing the selection of concessionaires, awarding and further implementation of a concession.

What are examples of concession agreement?

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.

What does concession mean in public private partnership?

Concessions. In this form of PPP, the Government defines and grants specific rights to an entity (usually a private company) to build and operate a facility for a fixed period of time. The Government may retain the ultimate ownership of the facility and/or right to supply the services.

What is the difference between concession and lease?

The main difference between lease and concession is that the concessionaire, apart from payment for the property use, is obliged to construct and/or to manage the concession object at its own expense.

What are the advantages of concession agreements?

Advantages of a concession agreement It spreads the risk involved for both parties and no single partys share is at risk. It involves a high level of private investment which will result in better enforcement and implementation of the projects involved.

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Save Concession Agreement in PPR