Concessionaire
From Arthapedia
The term “Concessionaire” denotes someone who holds or operates a concession. In a public private partnership project, which is a contractual arrangement entered between a public entity and a private entity, the private entity which is the holder of a concession is defined as the concessionaire.
In India, typically a company incorporated under the provisions of the Companies Act, 1956 is the concessionaire for most of the public private partnership projects in infrastructure. The selection of the concessionaire is mostly through open competitive bidding.
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