Concession contracts. Latest regulatory requirements and potential improvements

Luis Maria Rodriguez CARBONELL
In Civil Engineering and Ports
Managing Director of the Medinaceli-Calatayud motorway 
Concessionaire State (422250 Arcos de Jalon, Soria) 

Juan Jose ESTEBAN GARRIDO
In Civil Engineering and Ports 
Teacher. Department of Construction Engineering and 
Civil Engineering projects. Polytechnic university of Valencia 

Jaime JIMENEZ AYALA
Associate professor. Dept. of Construction Engineering 
ETSICCP. Polytechnic university of Valencia 

ABSTRACT:

Concessions constitute a sector with enormous economic potential in the current scenario of budgetary restrictions in the euro zone, which together with the needs in terms of infrastructures has led to the introduction of regulatory changes both at the Spanish and at the European level. clarify and perfect the concepts that govern the aforementioned concession area. In this article we want to briefly show, with the experiences available to date, the weakest and most perfectible points in our opinion that have been detected in the road concession system in Spain, trying at the same time to shed some light on the different possibilities for improvement in concession contracts.

KEYWORDS:

Contract, concession, public procurement, regulations, public-private partnership, awarding.