Memorandum on the risks of a concession initiative on renewal, construction and operation of the cultural and leisure center in Chelyabinsk

To perform this project, our specialists:
  • Have performed a risk assessment for the public side when approving the private concession initiative on renewal, construction and operation of the Embankment of Arts center, along with the risk assessment of the financial model of the agreement;
  • Have discussed and developed the legal position of the competent body with the concessionaire;
  • Have proposed the amendments as to the concession agreement required for safeguarding the interests and mitigating the risks of the public party;
  • Have developed the position for the competent body to conduct the negotiations with the private party and drafted a memorandum on the risks of the financial model of the project.
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