The government thus created a bank through a concession agreement.
Under a concession agreement, private companies collect and own revenues from water tariffs.
The Company was not acting on behalf of the government when it entered into the concession agreement.
The conditions will be reviewed in the 20 year of the concession agreement.
United has been working steadily the last couple weeks to reach concession agreements with its unions.
As of 2000 only 1% municipalities had issued concession agreements to private companies.
The first country to act was Venezuela, which had the most favorable concession agreement.
The 30-year concession agreement between the city government and the private company Interagua was signed in 2001.
At the same time they could not stop the service because of the concession agreement.
The concession agreement was approved by the Jordan government on 3 March 2013.