Section 8(1)
PA 2023
Procurement Act 2023 · United Kingdom
In this Act, “concession contract” means a contract for the supply, for pecuniary interest, of works or services to a contracting authority where— at least part of the consideration for that supply is a right for the supplier to exploit the works or services, and under the contract the supplier is exposed to a real operating risk.
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Source: legislation.gov.uk · retrieved 2026-09-04