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Contractual Structure and Risk Allocation Framework

In: Hybrid Annuity Model (HAM) of Hybrid Public-Private Partnership Projects

Author

Listed:
  • Abhinav Mittal

    (YOG INFRA Advisory Pte. Ltd.)

  • Puneet Agrawal

    (ALA Legal Advocates and Solicitors)

  • Shuchi Agrawal

    (Chartered Accountant)

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.

Suggested Citation

  • Abhinav Mittal & Puneet Agrawal & Shuchi Agrawal, 2023. "Contractual Structure and Risk Allocation Framework," Management for Professionals, in: Hybrid Annuity Model (HAM) of Hybrid Public-Private Partnership Projects, chapter 0, pages 27-35, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-19-2019-6_3
    DOI: 10.1007/978-981-19-2019-6_3
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