A concession agreement referred to in section 2 (1) (a) to (c) and (1.1) (a) to (c), but not a concession agreement entered into by the minister with the corporation under section 2 (1.1), must
(a) specify the consideration to be provided by the concessionaire to the government or the corporation for the interests transferred, and the rights granted, to the concessionaire under the concession agreement, and specify how and when that consideration is to be provided,
(b) identify any things in which interests are transferred, or in respect of which rights are granted, to the concessionaire under the concession agreement,
(c) state whether or not tolls may be charged for vehicular use of the concession highway and, if so, how those tolls are to be set and varied from time to time by the minister and the concessionaire, including the corporation, or any one or more of them in accordance with the concession agreement,
(c.1) set out any other payment arrangements, including, without limitation, the following:
(i) payment by the government or any other contracting party of an amount or amounts based on the performance by the concessionaire of any or all of its obligations under the concession agreement;
(ii) payment by the government or any other contracting party of an amount or amounts based on one or both of use and availability of the concession highway;
(iii) payment to the government or any other contracting party of an amount or amounts based on tolls,
(d) set out obligations of the concessionaire relating to the concession highway, which obligations may include but are not limited to obligations to develop, finance, plan, design, construct, expand, extend, upgrade, remove, maintain, rehabilitate and operate all or part of the concession highway,
(e) specify the powers, permits, approvals and other authorizations that are granted to the concessionaire by the government or the corporation under the concession agreement,
(f) require the concessionaire, when performing the concessionaire's obligations or exercising the concessionaire's rights in relation to the concession highway, to meet or exceed the standards applicable to a comparable public highway, or, if higher standards are referred to in the concession agreement, meet or exceed those specified standards, including, without limiting this, design, construction, safety, maintenance and signage standards,
(g) require that the concessionaire not close the concession highway except for so long as, and to the extent that,
(i) closure is necessary to permit maintenance or construction,
(ii) closure is necessary for public safety, or
(iii) closure is required by the minister under the Transportation Act,
(h) provide for the manner, if any, in which the concessionaire is to be compensated for any loss that the concessionaire suffers as a result of the exercise by the government of any of its rights to
(i) require closure of the concession highway,
(ii) access any land that forms part of the concession highway, or
(iii) carry out any activity or construct anything on, under or over any land that forms part of the concession highway,
(i) require the concessionaire to contribute, in the manner and to the extent contemplated by the concession agreement, to
(i) the cost of arbitrators, and
(ii) the cost of appeals under section 21,
(j) set out the respective rights and responsibilities of the government and the concessionaire in relation to those places where the concession highway intersects or abuts any common highway, and the respective rights and responsibilities of concessionaires in relation to those places where their respective concession highways intersect or abut,
(k) set out any reporting and public information requirements and any record retention requirements that the concessionaire must meet, and specify the records or classes of records, if any, respecting the maintenance or safety of the concession highway that the concessionaire must, on request, make available to the minister or the corporation,
(l) stipulate the condition in which any things in which interests are transferred, or in respect of which rights are granted, to the concessionaire under the concession agreement must be returned at the end of the concession agreement, and
(m) stipulate the requirements for insurance, bonds, including performance bonds and labour and material payment bonds, securities, indemnities and guarantees that the concessionaire must provide in connection with the concession highway.