Contractual Structure and Risk Allocation Framework

Abhinav Mittal (), Puneet Agrawal () and Shuchi Agrawal ()
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Abhinav Mittal: YOG INFRA Advisory Pte. Ltd.
Puneet Agrawal: ALA Legal Advocates and Solicitors
Shuchi Agrawal: Chartered Accountant

Chapter Chapter 3 in Hybrid Annuity Model (HAM) of Hybrid Public-Private Partnership Projects, 2023, pp 27-35 from Springer

Abstract: Abstract This chapter reviews the contractual structure between different stakeholders under the Hybrid Annuity Model (HAM) along with the consequent risk allocation framework during the construction and operation phase of the project proposed as part of Model Concession Agreement (MCA) for HAM projects in roads sector in the country. This chapter also lists down the various obligations of the concessionaire/private sector participant and the government authority as well as the key advantages from the perspective of both parties while delivering such HAM based PPP projects. The chapter further provides a profile of key players active in development of HAM based PPP road projects in India.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-19-2019-6_3

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DOI: 10.1007/978-981-19-2019-6_3

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