Caducidad

English translation: Cancellation

18:30 Nov 12, 2023
Spanish to English translations [PRO]
Bus/Financial - Law: Contract(s)
Spanish term or phrase: Caducidad
This is another term (I earlier asked about the term "rescate") from a concession contract for the laying of telecommunications infrastructure on public land.

"Si el concesionario Incumpliera el plazo de terminación de las obras sin haber solicitado prórroga del mismo, será potestativo del Ministerio de Medio Ambiente el concederle una prórroga de dicho plazo, con posibilidad de una sanción de hasta el diez por 100 del presupuesto total de las obras, o incoar el expediente de caducidad de la concesión.
SI se concediera dicha prórroga, la misma será la última que podrá otorgarse en estas condiciones, por lo que un nuevo Incumplimiento llevará necesariamente a la incoación del expediente de caducidad de la concesión."

My best attempt is "forfeiture".
James Salter
Spain
Local time: 16:01
English translation:Cancellation
Explanation:
https://www.google.com/search?q=concession revocation&sca_es...
Selected response from:

Edward Tully
Local time: 16:01
Grading comment
I thought this was the clearest and most simple option. I decided against "termination" as I had used "early termination" for another term in the text ("rescate").
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Cancellation
Edward Tully
4lapsing
patinba
1 +1termination
Tomasso


Discussion entries: 5





  

Answers


1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +1
termination


Explanation:
here goes not my field, agree with Termination and Expiration, agree terms vary inside and outside of document (internal harmony etc).
Quoting again from .asambleamadrid.es

. Lo último es posible, teniendo en cuenta que el rescate aparece justifi cado por la Ley por la realización de una obra declarada de utilidad pública, circunstancia inexistente en el caso que resolvemos, donde, por contrario se ha
producido —según la prueba practicada— un manifi esto incumplimiento de las condiciones establecidas en la concesión, hecho que es razón
para incoar el **expediente de caducidad**, que es el que está en tramitación

Example sentence(s):
  • Termination of public cencession was terminated due to non performance.
  • Forfeiture, revocation of public concession was based on violation of laws and regulations.

    https://www.asambleamadrid.es/documents/20126/64823/R.28._Santiago_Gonzalez_Varas_Ibanhez.pdf/e0778653-9e4b-d993-3a60-f7b5a30578ca
Tomasso
United States
Local time: 08:01
Meets criteria
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans
14 hrs
  -> Thanks
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Cancellation


Explanation:
https://www.google.com/search?q=concession revocation&sca_es...

Edward Tully
Local time: 16:01
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 965
Grading comment
I thought this was the clearest and most simple option. I decided against "termination" as I had used "early termination" for another term in the text ("rescate").

Peer comments on this answer (and responses from the answerer)
agree  Tomasso: Clear and well know around the world.
4 hrs
  -> Many thanks! ;-)

agree  Manuela Junghans
9 hrs
  -> Many thanks! ;-)
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
lapsing


Explanation:
Concessions lapse


Chapter 15. A renewed policy of investments

Cairn.info
https://www.cairn.info › history-of-the-suez-canal-compa...
... lapsing of the concession, wanted to leave the canal as it was.” [4][4]Advisory committee of English directors, 6 December 1954, in a…The Company had to ...

SPANISH Economic Commission for Latin America ...

CEPAL
https://repositorio.cepal.org › S8200057_en
by F Sánchez Albavera · 1982 — penalty of the lapsing of the concession, in accordance with the principle of. "protection for labour", were adopted. It was a question of preventing the.

0,03 - euros

Puerto de la Bahía de Cádiz
https://www.puertocadiz.com › 2022/01 › Scan...
In any case, the declaration of lapsing of the concession will entail the loss of the. Page 8. TIMBRE. DEL ESTADO. CLASE 8.a construction guarantee. 0,03. EUROS.

republic of peru

Proinversión
https://www.investinperu.pe › CONTRATO2
the lapsing of the Concession due to the GRANTOR'S failure, following the procedures established in Section XV. 8.14. THE CONCESSIONAIRE may request ...

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Note added at 3 hrs (2023-11-12 21:47:46 GMT)
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0,03 - euros

Puerto de la Bahía de Cádiz
https://www.puertocadiz.com › 2022/01 › Scan...
In any case, the declaration of lapsing of the concession will entail the loss of the ... terminal are estimates and their real value will be set in application ..

patinba
Argentina
Local time: 11:01
Meets criteria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 564
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