PART 3Award and modification of public service contracts
Application and exclusions12.
(1)
(2)
This Part does not apply to the award of a public service contract for public passenger transport services by bus or tram except where such a contract takes the form of a services concession contract.
(3)
(4)
For the purpose of this regulation—
“services concession contract” means a contract in writing for the supply, for pecuniary interest, of public passenger transport services to a competent authority where—
(a)
at least part of the consideration for that supply is a right for the supplier to exploit the services, and
(b)
under the contract the public service operator is exposed to a real operating risk.