works concession
as defined in Directive 2014/23/EU of the European Parliament and of the Council of…, Article 5, point (1)(a) (Definitions)
a contract for pecuniary interest concluded in writing by means of which one or more contracting authorities or contracting entities entrust the execution of works to one or more economic operators the consideration for which consists either solely in the right to exploit the works that are the subject of the contract or in that right together with payment;
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Also defined in
- Directive 2004/17/EC of the European Parliament and of the Council of 31 March 2004 coordinating the procurement… 32004L0017, Article 1(3)
a contract of the same type as a works contract except for the fact that the consideration for the works to be carried out consists either solely in the right to exploit the work or in that right together with payment;