Use of municipal property on concession

Concession is a form of a private-public partnership where investor (concessioner) builds or reconstructs an object which is or will be owned by public authority (concedent), then operates it and earns an income during the whole term of a concession agreement. A concession agreement can also stipulate a concession payment fixed during the validity of an agreement.

Concession is a form of a private-public partnership where investor (concessioner) builds or reconstructs an object which is or will be owned by public authority (concedent), then operates it and earns an income during the whole term of a concession agreement. A concession agreement can also stipulate a concession payment fixed during the validity of an agreement.

Concession is a form of a private-public partnership where investor (concessioner) builds or reconstructs an object which is or will be owned by public authority (concedent), then operates it and earns an income during the whole term of a concession agreement. A concession agreement can also stipulate a concession payment fixed during the validity of an agreement.

According to the Russian accepted practice concession agreements are concluded for 30-49 years and this is an undeniable advantage for business. Besides, concession payment is fixed during the validity of an agreement and is defined based on object evaluation at the time of contracting. Concession agreement is concluded according to results of an open tender or through private initiative. There is no need for any separate tender on land lease contract conclusion. Bidding procedure and standard forms of concession agreements are stipulated by the Federal law. Guarantee of investor rights is stipulated by the Federal law 115-ФЗ, which makes concession agreement the most legislated form of a private-public partnership.

You can find the information on municipal property which can be provided on concession on the investment map of the city in the section «Real estate» or in the enclosed presentation.