Decisions are made by majority vote. In the event of a tie, the decision of the Valuation Committee Chair shall be final.
In a public competition, all investors are able to purchase the booklet and apply directly. In Investor Pre-Qualification, applicants are first evaluated and a number of qualified investors are selected based on approved criteria; the competition booklet is then issued exclusively to those qualified investors.
Contract extension: Extending the contract for a period that is not equal to the original contract duration. Contract renewal: Extending the contract for a period equal to the original contract duration.
In the annual value model, a fixed annual amount is set. In the sharing percentage model, a percentage of the project's actual revenues is allocated to the entity.
The sequence depends on the service and begins with: Investment Services Specialist → Investment Services Manager → General Manager of Investment Services → Deputy for Affiliated Municipalities → Mayor → Deputy Minister for Investment → Minister. Additional roles may be added to the hierarchy as needed.
Income Sharing is an investment model in which the project revenues are shared between the asset-owning entity and the investor, instead of setting a fixed predetermined rental value.
The total of the original contract period and the extension period must not exceed 50 years.
Adding an investment opportunity and linking it to the site.
The offering entity hands over the site to the investor.
The Investment Services Specialist may initiate the site handover process after the investor has paid the first year's rental value. This is done through the Site Handover service by setting the handover date and conducting the site visit.
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