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ARTICLE · 23 APRIL 2009

Concession Agreements In Russia

Avakian, Tuktarov & Partners Law Firm, LLC
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Concessions are an effective tool for attracting private capital to infrastructure facilities. The introduction of relevant Russian legislation has, therefore, been long awaited.

RussiaFinance and Banking
Yury Tuktarov
Yury Tuktarov
Dmitry Sobolev
Dmitry Sobolev

I. INTRODUCTION
§ 23:1 Overview

II. CONCESSION AGREEMENT
§ 23:2 Overview
§ 23:3 Conclusion of a concession agreement
§ 23:4 Provisions of a concession agreement
§ 23:5 Term of a concession agreement
§ 23:6 Operations

III. RISKS OF INVESTORS
§ 23:7 Overview
§ 23:8 Security and assignment
§ 23:9 Protection of investors' rights
§ 23:10 Concessionaire's liability
§ 23:11 Termination of a concession agreement and dispute resolution

IV. TENDER
§ 23:12 Overview
§ 23:13 Resolution on the conclusion of a concession agreement
§ 23:14 Tender documents
§ 23:15 Tender criteria
§ 23:16 Tender commission
§ 23:17 Tender notice
§ 23:18 Submission of applications for tendering
§ 23:19 Opening of envelopes containing applications for tendering

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