Maxima Legal has been selected by Institute Stroiproyekt to provide legal assistance following Stroiproyekt winning a tender to develop the technical and economic scheme for the construction of a tram line between Saint Petersburg and Leningrad oblast on the basis of a concession agreement.
According to Maxima Legal, "according to the concept to develop the transport system of Saint Petersburg, by 2023 a tram line linking the Ulitsa Dybyenko metro station and the suburb of Kudrovo should been in place. The final stop on the line is planned to be the village of Novosaratovka in the Vsevolozhsky region of Leningrad oblast."
The project is to be funded by the budget of Leningrad oblast with private investment being involved through a PPP scheme.
Maxima Legal reports that its PPP Practice "has already undertaken an initial analysis of PPP legislation in St Petersburg and Leningrad oblast and has begun drafting the legal and structural scheme to implement the project, including proposed models for a relationship between the parties involved in the public-private partnership in respect of management and the parties’ rights and obligations."
"Lawyers from Maxima Legal," the firm reports, "will determine the list of property and property rights to be transferred from the both regions and the procedure for granting land plots on the basis of their property status, as well as drafting the key terms of the concession agreement. In addition, the legal part of the feasibility study will contain a risk matrix, including a description, categorization and impact assessment of identified risks. Maxima Legal is also assisting with obtaining approval of the agreement in the relevant committees and government developments in St Petersburg and Leningrad oblast."