Concession Agreement
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Operation, Management and Development Agreement between Airports Authority of India and Delhi International Airport Private Limited for Delhi Airport 04Th APRIL, 2006 Delhi International Airport Pvt. Ltd. Operation, Management and Development Agreement TABLE OF CONTENTS CHAPTER I.........................................................................................................................7 DEFINITIONS AND INTERPRETATION........................................................................7 CHAPTER II......................................................................................................................18 SCOPE OF GRANT ..........................................................................................................18 CHAPTER III ....................................................................................................................28 CONDITIONS PRECEDENT...........................................................................................28 CHAPTER IV ....................................................................................................................32 REPRESENTATIONS AND WARRANTIES..................................................................32 CHAPTER V .....................................................................................................................35 TRANSFER OF RIGHTS IN RELATION TO AIRPORT ON EFFECTIVE DATE AND TRANSITION PHASE......................................................................................................35 CHAPTER VI ....................................................................................................................38 OPERATION SUPPORT ..................................................................................................38 CHAPTER VII...................................................................................................................41 ACCEPTANCE OF SITE/DISCLAIMER ........................................................................41 CHAPTER VIII .................................................................................................................43 CONSTRUCTION/DEVELOPMENT, OPERATION & MANAGEMENT ...................43 CHAPTER IX ....................................................................................................................57 SERVICE QUALITY REQUIREMENTS AND DEVELOPMENT STANDARDS.......57 CHAPTER X .....................................................................................................................61 MONITORING AND INFORMATION ...........................................................................61 CHAPTER XI ....................................................................................................................64 FEES ..................................................................................................................................64 CHAPTER XII...................................................................................................................67 TARIFF AND REGULATION .........................................................................................67 CHAPTER XIII .................................................................................................................68 FINANCING ARRANGEMENTS & SECURITY...........................................................68 CHAPTER XIV .................................................................................................................71 STEP IN RIGHTS OF AAI ...............................................................................................71 CHAPTER XV...................................................................................................................73 DISPUTES.........................................................................................................................73 CHAPTER XVI .................................................................................................................74 FORCE MAJEURE ...........................................................................................................74 CHAPTER XVII................................................................................................................77 DEFAULT .........................................................................................................................77 CHAPTER XVIII...............................................................................................................83 TERM, EXPIRY & TRANSFER ......................................................................................83 CHAPTER XIX .................................................................................................................85 TRANSFER PROVISIONS...............................................................................................85 CHAPTER XX...................................................................................................................90 GENERAL.........................................................................................................................90 SCHEDULE 1....................................................................................................................98 DEVELOPMENT STANDARDS AND REQUIREMENTS ...........................................98 SCHEDULE 2..................................................................................................................101 OPERATIONS AND MAINTENANCE STANDARDS AND REQUIREMENTS ......101 SCHEDULE 3..................................................................................................................103 OBJECTIVE SERVICE QUALITY REQUIREMENTS................................................103 - 2 - Delhi International Airport Pvt. Ltd. Operation, Management and Development Agreement SCHEDULE 4..................................................................................................................105 SUBJECTIVE SERVICE QUALITY REQUIREMENTS..............................................105 SCHEDULE 5..................................................................................................................106 AERONAUTICAL SERVICES ......................................................................................106 SCHEDULE 6..................................................................................................................108 NON-AERONAUTICAL SERVICES ............................................................................108 SCHEDULE 7..................................................................................................................110 MANDATORY CAPITAL PROJECTS .........................................................................110 SCHEDULE 8..................................................................................................................113 AIRPORT OPERATOR AGREEMENT (OPERATION AND MANAGEMENT) PRINCIPLES ...................................................................................................................113 SCHEDULE 9..................................................................................................................118 FORM OF SUBSTITUTION AGREEMENT.................................................................118 SCHEDULE 10................................................................................................................132 TRANSITION PLAN ......................................................................................................132 SCHEDULE 11................................................................................................................133 INSURANCE LIST .........................................................................................................133 SCHEDULE 12................................................................................................................135 CONTRACTING PROCEDURES..................................................................................135 SCHEDULE 13................................................................................................................136 ESCROW ACCOUNT AGREEMENT...........................................................................136 SCHEDULE 14................................................................................................................151 INITIAL DEVELOPMENT PLAN.................................................................................151 SCHEDULE 15................................................................................................................152 LIST OF EXPERTS.........................................................................................................152 SCHEDULE 16................................................................................................................153 ESSENTIAL SERVICES ................................................................................................153 SCHEDULE 17................................................................................................................154 FORM OF BID BOND....................................................................................................154 SCHEDULE 18................................................................................................................157 FORM OF PERFORMANCE BOND .............................................................................157 SCHEDULE 19*..............................................................................................................161