{"id":435777,"date":"2021-09-14T08:52:57","date_gmt":"2021-09-14T03:22:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435777"},"modified":"2021-09-14T10:08:22","modified_gmt":"2021-09-14T04:38:22","slug":"railways-tweaks-model-contract-doc-for-pvt-players-to-redevelop-stations","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-tweaks-model-contract-doc-for-pvt-players-to-redevelop-stations\/","title":{"rendered":"Railways tweaks model contract doc for pvt players to redevelop stations"},"content":{"rendered":"<p>The railways have made a slew of changes in its model contract document for private players to redevelop railway stations, bringing down the concession period from the earlier 60 years to 35-40 years.<\/p>\n<p>In general, concession period is the span of time granted by the government to the private sector within which the private sector is responsible for the financing, construction and operation of a BOT (build, operate and transfer) project. <\/p>\n<p>The new draft Model Concession Agreement (MCA) prepared by the Rail Land Development Authority (RLDA) has also made provision of single and well-defined payout which can be easily monitored with no upfront cashflow burden for the private entities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The railways have made a slew of changes in its model contract document for private players to redevelop railway stations, bringing down the concession period from the earlier 60 years to 35-40 years. In general, concession period is the span of time granted by the government to the private sector within which the private sector is responsible for the financing, construction and operation of a BOT (build, operate and transfer) project. The new draft Model Concession Agreement (MCA) prepared by the Rail Land Development Authority (RLDA) has also made provision of single and well-defined payout which can be easily monitored [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-435777","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=435777"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435777\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}