Content Headings

Key Issues

Example clauses

Notes and References

Payment and availability

The Authority may make payments based on the availability of the infrastructure services.  This may be in lieu, or in addition to, revenues received by the Concessionaire for charging for the infrastructure services to the public. 

Subject to the provisions of this Agreement and in consideration of the Concessionaire accepting the Concession and undertaking to perform and discharge its obligations in accordance with the terms, conditions and covenants set forth in this Agreement, the Authority agrees and undertakes to pay to the Concessionaire, on each Availability Payment Date, the Adjusted Availability Payment, which shall be computed in accordance with the provisions of this clause. 

See SOPC Section 7.

Example clause adapted from Concession Agreement for Colombo Kathunayake Expressway Project (note confidential), index reference A2, folder 1.