Administrative fines and liquidated damages In transport infrastructure concessions

Administrative fines and liquidated damages In transport infrastructure concessions

Blog Article

Concession agreements in infrastructure have civil and administrative nature making possible for the Government to apply administrative fines and nobivac 1-dappv for puppies liquidated damages provisions in case of concessionaires breach.On the transportation infrastructure side, the authors explain that theoretical and practical misunderstandings are present between both legal systems and suggest amendments to the legal framework to overcome such problems.The analysis of jordan 12 nubuck these issues is supported on the review of several concession agreements and a comparison with the regulation of the matter in other markets.