VI.Application Procedure of the BOT Law
1. The Decree No. 94/5907 made on 6 August 1994 is about the "Application Procedure…
2. To put into practice a BOT project, a contract which will not constitute a concession…
1) Parties [to the Contract],…
2) Subject of contract,…
3) Duration,…
4) General principles of investment and Services,…
5) Standard and quality of goods [products] and Services,…
6) Financing,…
7) Determination of fee [price],…
8) Commissioning acceptance and commercial operation date,…
9) Changes in costs and delays in completion during investment period,…
10) Expropriation,…
11) Bonds,…
12) Monthly and annual progress reports,…
13) Inspection,…
14) Security, safety and environmental precautions,…
15) Force majeure,…
16) Insurance,…
17) Maintenance and repair,…
18) Transfer of work [product], Sayfa 140…
19) Termination [of contract],…
20) Transfer of plant at the end of period,…
21) Transfer before the end of period,…
22) Credits,…
23) Responsibility [liability] and indemnity,…
24) Management [Administration] fault,…
25) Training,…
26) Applicable laws and settlement of disputes,…
27) Contract expenses,…
28) Notice [s],…
29) Contract language,…
30) Changes in contract,…
31) Other contracts [agreements],…
32) Other conditions [matters],…
33) Date of [implementation] of contract"…
3. Some of the above mentioned matters and points need…
clarification:…
Parties are the Company and the Administration which sign the contract (Art. 17) of which the duration cannot…
4. The Decree brings also rules on the methods and the principles to be applied in…
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