HIMACHAL PRADESH INFRASTRUCTURE
 DEVELOPMENT BOARD
(GOVERNMENT OF HIMACHAL PRADESH)

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SCHEDULE - II
(See sections 2 (c) and 15 (a))

NATURE OF CONCESSION AGREEMENT OR ARRANGEMENT

The following concession agreement or arrangement with their variations and combinations may be arrived at by the Government Agency or the local authority for undertaking Infrastructure project with private sector participation.

1. Build Own-/Operate and Transfer Agreement or Arrangement. - An agreement or arrangement whereby the developer undertakes to finance, construction, maintain and operate a project and whereby such project is to vest in the developer for a specified period. During the period of operation of the project by developer, he may be permitted to charge user charges as specified in an agreement or arrangement. The developer is required to transfer the project to the State government or a Government agency after the expiry of the period of operation.

2. Build Own Operate and Maintain Agreement or Arrangement- An agreement or arrangement whereby a Developer undertakes to finance, construct, operate and maintain a project and whereby such project is to vest in developer for a specified period. During the period of operation of the project, he may be permitted to charge user charges as specified in the agreement or arrangement.

3. Lease Management Agreements or Arrangement -- An agreement or arrangement whereby the State Government or a Government agency leases a project owned by the State Government or the Government agency to the person who is permitted to operate and maintain the project for the period specified in the agreement or arrangement user charges therefor.

4. Rehabilitate/Operate and Transfer Agreement or Arrangement -- An agreement or arrangement whereby an existing facility is vested in a person to renovate, operate and maintain for the period specified in the agreement or arrangement after the expiry of which the project is required to be transferred to the State Government or Government agency. During the period of operation of the project by the developer, he may be permitted to charge user charges as specified in the agreement or arrangement.

5 Rehabilitate Own Operate and Maintain Agreement or Arrangement - An agreement or arrangement whereby an existing project is vested in a person to renovate, operate and maintain. The developer shall be permitted to charge user charges as specified in the agreement or arrangement

6 Management Agreement or Arrangement - An agreement or arrangement whereby the State Government or the Government agency entrusts the operation and management of a project to a person for the period specified in the agreement or arrangement on payment of specified consideration. In such agreement, the State Government or the Government agency concerned may charge user charges and collect the same either itself or entrust the collection for consideration to any person who shall after collecting the user charges pay the same tot eh State Government or Government agency.

7 Service Contract Agreement or Arrangement - An agreement or arrangement whereby a developer undertakes to provide services to the State Government or government agency for the specified period. The State Government or Government agency shall pay him an amount in accordance with the agreement or arrangement..

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