Question
Service Concession Arrangements (SCAs) allow governments to enter into an agreement with another entity in the public or private sector, in which the external entity,
Service Concession Arrangements (SCAs) allow governments to enter into an agreement with another entity in the public or private sector, in which the external entity, the operator, provides public services through the use of the asset, to the transferring government. This allows the government to generate income and cash flows from its capital assets and possibly improve the efficiency of public services. Under an SCA, the government essentially transfers the rights and obligations of an asset to the external entity. What are the two measures that help protect a government from the failure of a contractor to comply with the terms and specifications of that agreement? Describe each measure and its main purpose.
NOTE: Could you please don't use your handwriting to answer this question to be easy for me to solve
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