### Question
How is the "preferential right of renewal" defined?


### Answer
The term **preferential right of renewal** is defined in *54 U.S.C. § 101911* as follows -

> the right of a concessioner, subject to a determination by the Secretary that the facilities or services authorized by a prior contract continue to be necessary and appropriate within the meaning of section 101912 of this title, to match the terms and conditions of any competing proposal that the Secretary determines to be the best proposal for a proposed new concession contract that authorizes the continuation of the facilities and services provided by the concessioner under its prior contract

#### Citation:
  - *54 U.S.C. § 101911*
  - Heading: **Subtitle I-National Park System > DIVISION A-ESTABLISHMENT AND GENERAL ADMINISTRATION > CHAPTER 1019-CONCESSIONS AND COMMERCIAL USE AUTHORIZATIONS > SUBCHAPTER II-COMMERCIAL VISITOR SERVICES**

