Chapter IV: CONTENTS OF THE CONCESSION CONTRACT

For the purpose of determining the duration of the concession contract, investments are defined as the initial investments as well as those to be made during the duration of the concession contract, when they are necessary for the operation of the works or services under concession.In particular, renewal works, expenditure on infrastructure, copyright, patents, equipment, logistics, recruitment and staff training are considered as such.

For concession contracts with a duration of more than five years, the duration of the contract must not exceed the time reasonably expected by the concessionaire to amortise the investments made for the operation of the works or services with a return on the capital invested, taking into account the investments necessary for the performance of the contract.

The competent State authority referred to in article L. 3114-8 is the Departmental Director of Public Finance.