# Concession Contracts
> **National Park Service** · Final rule. · Published 2001-07-03 · Effective 2001-07-03 · 66 FR 35082
## Document
- **Document number:** 01-16612
- **Category:** park-regulation
- **Sub-agency:** National Park Service
- **Federal Register citation:** 66 FR 35082
- **CFR reference:** 36 CFR 51
- **Publication date:** 2001-07-03
- **Effective date:** 2001-07-03
## Abstract

The National Park Service is amending the language of its concession contracting regulations, promulgated on April 17, 2000 ("Regulations"), to amend those portions of the Regulations that require or may be read as requiring a concessioner to engage in binding arbitration for the final determination of construction costs and the valuation of leasehold surrender interest. The amendment makes binding arbitration optional in the discretion of a concessioner. This amendment assures that the Regulations are in legal conformance with Section 575 of the Administrative Disputes Resolution Act.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2001/07/03/01-16612/concession-contracts)
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