- § 52.25 - What is the term of a commercial services contract?
- § 52.26 - When may the Director terminate a contract?
- § 52.27 - May an operator or professional services provider receive leasehold surrender interest in capital improvements?
- § 52.28 - Are operator rates subject to approval by the Director?
- § 52.29 - May operators assign or encumber commercial services contracts?
- § 52.30 - How may commercial services contracts be funded?
§ 52.25 - What is the term of a commercial services contract?
A commercial services contract will generally be awarded for a set term or for a base term plus option years, with the total term not to exceed 10 years.
§ 52.26 - When may the Director terminate a contract?
Contracts will contain appropriate provisions for suspension of operations and for termination by the Director for default, including, without limitation, unsatisfactory performance, or termination when necessary to achieve the purposes of the VEIA.
§ 52.27 - May an operator or professional services provider receive leasehold surrender interest in capital improvements?
No. Operators and professional services providers will not receive leasehold surrender interest in capital improvements, as those terms are defined at 54 U.S.C. 101915.
§ 52.28 - Are operator rates subject to approval by the Director?
(a) The Director may require prior approval of rates for services provided to visitors under a commercial services contract.
(b) Generally, the Director will approve rates for services provided to visitors based upon market demand, although the Director may specify rates or rate methods for particular services based on factors other than market demand, such as to ensure affordability to a broad segment of visitors.
§ 52.29 - May operators assign or encumber commercial services contracts?
Commercial services contracts will include provisions that require the Director's approval prior to any assignment or encumbrance of the contract or any rights or interests under the contract to another operator.
§ 52.30 - How may commercial services contracts be funded?
Contract funds will be provided to the operators, who will be solely responsible for maintaining and expending the funds on agreed-upon expenses. Commercial services contracts will clearly define what contract-related funds shall be considered revenue collected for the NPS and will provide for the periodic remittance of such funds to the NPS.