The team of the Master’s Program “Economics and Management of Public Resources” is holding a discussion forum on the topic: “Concessions – Opportunities and Challenges”.

The topic of state and municipal concessions is extremely relevant, which is why it is included in the curricula of the Master’s program.

Within the framework of the discussion forum, topics related to:

  • Development of the Institute of Concessions over the years; International experience in the field of concessions.
  • Status of concessions in Bulgaria.
  • Regulatory framework and basic concepts related to the award of concessions.
  • Types of concessions. Objects of concessions. Entities – features, functions and powers.
  • Award of concessions and types of procedures.
  • Action plans for municipal concessions.
  • Preparatory actions.
  • Conditions for awarding concessions.
  • Requirements for the minimum content of the Decision and the Announcement for opening the procedure for determining a concessionaire.
  • Concession documentation, conditions for participation and award criteria.
  • Conducting a procedure for determining a concessionaire and actions of the commission for conducting a procedure for determining a concessionaire.
  • Applications and offers – content and procedure for submission.
  • Concession contract – minimum content and conclusion. Implementation, amendment and termination of the concession contract. Consequences of termination.
  • Appealing decisions related to the award of concessions.
  • National concession register.
  • Financial and economic justification and forecast elements of the concession.
  • Minimum investment, work and reclamation program and Business Program of the concessionaire.
  • Principles and approaches for determining the concession fee.
  • Principles and cases for payments by the grantor.
  • Determining the term of the concession.
  • Economic balance of the concession and maintaining the economic balance for the term of the concession.
  • Main risks and their distribution between the parties.
  • Matrix of risks and their relationship with the Concession Agreement.
  • Guarantees and collateral for the performance of obligations under the concession agreement. Penalties for failure to fulfill obligations.
  • Accounting and control of the concession.
  • Good practices in the implementation of the Concessions Act.
  • Problems in the assignment.

An opportunity for discussion will be provided.

Among the main speakers will be Assoc. Prof. Dr. Savina Mihaylova-Goleminova, Dr. Rozalina Kozleva, Dr. Adv. Marina Belcheva, representatives of the specialized state administration, municipal administrations, the National Agency for Municipal and Regional Development of the Republic of Bulgaria, concessionaires and experts in the field of concessions.

When: October 23, 2025
Where: Aula, Rectorate of Sofia University “St. Kliment Ohridski” and online
Participation fee:
150 BGN / 76 EUR

For more information, please click here.