What Is the EU Concessions Directive (2014/23/EU)?
This is an EU procurement law. The EU directive for awarding works and services concessions, where the supplier is paid mainly through the right to run the works or service and carries the operating risk.
What counts as a concession under the directive?
A contract where the supplier is paid mainly by exploiting the works or service, for example by charging users, and takes on a real operating risk.
What does the directive require?
Advertising concessions above the EU threshold, fair and transparent award procedures, published award criteria and a maximum duration linked to the investment needed.
How is it implemented nationally?
Through laws such as LUK in Sweden, the Concession Contracts Regulation in Norway, the Finnish Hankintalaki and KonzVgV in Germany.
