A concession contract is a contract that gives a company the right to operate a business within the jurisdiction of one government or on the land of another company, subject to certain conditions. Concession contracts often involve contracts between the non-state owner of an entity and a dealer or dealer. The agreement grants the dealer exclusive rights to operate its operations in the facility for a specified period of time and under certain conditions. Applicable authorisations: all authorisations, authorizations, licenses, authorizations, without objection or by any government authority, which are required from time to time in relation to ownership, development, financing, construction, operation and management of the port terminal of [name] and the execution, execution or execution of obligations under this contract or the Port Services Agreement and The Sitease The Agreement, as defined in the reference number. Ownership of the project property is retained by the Authority under a concession agreement, while the concessionaire receives only constructive ownership. Once the contract is terminated, all project resources are returned to the Authority. During the concession phase, the port authority often plays two roles. On the one hand, the port authority serves the public interest as the regulator overseeing the delivery under the concession agreement. On the other hand, the port authority may participate in a public-private relationship with a private user of the port of the port.

There is a growing trend for port authorities to become commercial players who interact with private terminal operators as economic partners rather than as regulators. This trend arose from the need for port authorities and terminal operators to need each other. As a result, it is very difficult to strike the right balance between regulatory relations and the commercial interests of both parties. In this context, the rights and obligations of the port authority were modelled as part of an owner`s port model. 2.4 Specialty Retail/News and Gifts Additional problems for specialty/news and gift concessions include: “Definition of Product Categories” – Commodity Wagons and Kiosks 2.4.1 Product Category Definition As dealers increasingly add brand names to their portfolios, they could increasingly offer not only special brands, but also branded products in the gift areas of the kiosks. This makes the classification of certain products a challenge. “Gifts” generally bring rents as a percentage other than “special trade.” Airports are encouraged to write down precisely which product categories are expected and on which sites (the PSR process should reflect these wishes). 2.4.2 Carts and kiosks Many airports supplement their retail offerings with product cars that do not have enough passenger space or equipment to support a full retail unit. Product cars are sometimes used to sell specific products (for example. B Rosetta Stone language software). Some airports are starting to offer electronic vending machines that sell electronics, cosmetics and even over-the-counter medical care. Concession agreements for cars and kiosks generally have a shorter duration, reflecting the decrease in investments and leasing structures to reflect margins.

Similarly, agreements for these types of transactions will generally require flexibility provisions for the conversion of the product range, with the authorization of airports, in order to adapt to changing market preferences. 2.5 Passenger airports offer different passenger services. In the past, these services were limited to wax stands and business centres, but today these services range from battery charging stations and massage stations to full-service spas, pharmacies and medical centers.