Region: Europe and Central Asia
Country: Spain
Keywords: Transport, Ports, Model agreement, Concession
Document(s):
Document Summary:
The sample provided is the general and particular bidding terms (in Spanish) issued on October 2019 by the Port Authority of Santander (Spain) for the awarding of the administrative concession for the construction and operation of a port terminal of solid fertilizers open to the general traffic in the Port of Santander as well as another example of general bidding terms for a concession agreement terms (in Spanish) for the construction and exploitation of a terminal for solid bulk open to the general traffic, issued by the Port Authority of Alicante.
Document Details:
Key features of the sample Concession general and particular bidding terms:
- Object – concession for the construction and operation of a port terminal of solid fertilizers open to the general traffic in the Port of Santander.
- Construction Guarantee – 5% of the construction budget to be released one month after the acceptance of the works by the Port Authority.
- Exploitation Guarantee – 100% of the annual fees to be paid to the Port Authority by the concessionaire.
- Term – 30 years subject to extension upon agreement by the Port Authority.
- Allocation of Risks – both the construction risks and the exploitation risks are allocated to the concessionaire.
- Fees – the bidding terms set out the annual fees to be paid to the Port Authority (for the use of port’s public domain).
- Environmental undertakings – the specific environmental undertakings of the concessionaire during the term of the concessions are specifically set out.
- Insurances – specific insurance obligations of the concessionaire during the term of the concession are set out.
- Minimum traffic levels – The bidding terms set out the specific minimum traffic levels to be achieved by the concessionaire.
Updated: October 25, 2021