Jan 29, 2014 18:39
10 yrs ago
15 viewers *
Spanish term

prestaciones recíprocas

Spanish to English Law/Patents Law: Contract(s) El Contrato es principal, de prestaciones recíprocas, de tracto sucesivo y de ejecución continuada.
From a Peruvian PPP contract for design, construction, operation and maintenance of a public infrastructure under "carácteres del contrato":

"El Contrato es principal, de prestaciones recíprocas, de tracto sucesivo y de ejecución continuada"

This is the main contract, for mutual benefit (?), with chain of title and for continuous execution.

Discussion

James Arthur Williamson (asker) Jan 29, 2014:
Thanks Carlos Thanks Carlos, that makes sense.
Hans Geluk Jan 29, 2014:
OK! Sure, now read it better. Will hide the answer as it may cause confusion.
James Arthur Williamson (asker) Jan 29, 2014:
Not an insurance contract Hi Hans. Thanks, but this is not an insurance contract but a public-private partnership (PPP) contract between the public authority and a private consortium for assignment of a co-funded infrastructure.

Proposed translations

+3
53 mins
Selected

reciprocal benefits

Refers to the reception of certain services (benefits) as a result of your services althought not necessarily as a payment.

Peer comment(s):

agree Hans Geluk
15 mins
Thanks Hanks!
agree teresa quimper
17 mins
Thanks Teresa!
agree James A. Walsh
3 hrs
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4 KudoZ points awarded for this answer.
1 hr

reciprocal performance

.
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2 hrs

mutual/bilateral/reciprocal consideration

Consideration = causa de un contrato o contraprestación.
Peer comment(s):

neutral AllegroTrans : that is effectively payment - her it's about the actual services
11 mins
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2 hrs

reciprocal services

usual meaning of prestaciones
Each party is providing a service to the other
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