Understanding Subconcession Agreements: A Guide for Concessionaires and Subconcessionaires

A subconcessionaire is a person or entity that is granted a subconcession, which is a contractual agreement between the concessionaire and a third party to provide specific services or perform specific tasks within the scope of the concession agreement. The subconcessionaire is responsible for providing the services or performing the tasks as agreed upon in the subconcession agreement, and the concessionaire is responsible for ensuring that the subconcessionaire meets its obligations under the subconcession agreement.

For example, a concessionaire who has been granted a concession to operate a theme park may enter into subconcession agreements with different companies to provide specific services such as food and beverage sales, merchandise sales, or maintenance services within the theme park. In this case, each subconcessionaire would be responsible for providing their respective services as agreed upon in their subconcession agreement, while the concessionaire would be responsible for ensuring that all subconcessionaires meet their obligations and maintain the quality standards of the theme park.