Article L2213-4 of the French Public procurement code
A public entity may contribute to the financing of investments.
Home | French Legislation Articles | French Public procurement code | Legislative part | PART TWO: PUBLIC PROCUREMENT | Book II: PROVISIONS SPECIFIC TO PARTNERSHIP CONTRACTS | Title I: PREPARATION OF THE PARTNERSHIP CONTRACT | Chapter III: Content of the partnership contract | Section 3: Project financing and contractor remuneration
A public entity may contribute to the financing of investments.
Partnership contracts may give rise to subsidies and other financial contributions. The terms and payment schedule for these grants and other financial contributions may be adapted to the duration of the contract.
The contribution made by the State, local authorities or other public bodies to the financing of investments may take the form of a minority shareholding in the capital of the licensee when the latter is set up as a company dedicated to carrying out the project. In this case, the articles of association of this project company specify the distribution of risks between the shareholders and the measures taken to…
The partnership contract sets out the conditions under which the owner’s shareholding may be changed, if the owner is incorporated as a company dedicated to the project. In particular, it sets out the procedures for informing the purchaser and, where applicable, the procedures for sharing the capital gain on the sale of the shares.
The contractor’s remuneration is paid by the purchaser as from the completion of the compulsory main tasks mentioned in the first paragraph of article L. 1112-1 and throughout the duration of the contract. This remuneration is linked to performance targets assigned to the contractor for each phase of the contract.
The contract sets out the conditions under which income from ancillary activities or from the development of the estate by the licensee reduces the remuneration paid by the purchaser.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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