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Examples of concessions within another business are concession stands within sporting venues and movie theaters and concessions in department stores operated by other retailers. Short term concessions may be granted as promotional space for periods as short as one day.
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.
Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract.
A concession deed would be found in most projects which involve government such as in infrastructure projects. The concession agreement may be signed by a national/regional government, a municipality, or a special purpose entity set up by the state to grant the concession. Examples of concession agreements include contracts for the following:
PORTLAND, Ore. (AP) — Years of management issues involving facility upkeep and staff at Oregon's Crater Lake have prompted the federal government to consider terminating its contract with the ...
Foreign concessions in China, an example of the above; Concession (politics), failure to challenge or cessation of challenging, as in "conceding an election" or "conceding a game" A step taken during negotiation whereby one party offers up something of value to them in order to work towards an agreement; Concessional loan, a loan with below ...