Note X – Service Concession Arrangements

Note X – Service Concession Arrangements

A template for this note is not available. See “Instructions to preparer:” for various disclosures that may be required.

Instructions to preparer:

A city/county/district should disclose:

  • A general description of the arrangement (including management’s objectives) and the status of the project during the construction period;

  • Nature and amount of related assets, liabilities, and deferred inflows;

  • Rights retained and rights granted, and

  • Guarantees and commitments.

Disclosures for the service concession arrangements can be aggregated for agreements involving similar facilities and risk.