- Build-Operate-Transfer Contract
- A type of arrangement in which the private sector builds an infrastructure project, operates it and eventually transfers ownership of the project to the government. In many instances, the government becomes the firm's only customer and promises to purchase at least a predetermined amount of the project's output. This ensures that the firm recoups its initial investment in a reasonable time span.
This type of arrangement is used typically in complicated long-term projects as seen in power plants and water treatment facilities. In some arrangements, the government does not assume ownership of the project. In those cases, the company continues running the facility and the government acts as both the consumer and regulator.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Build-Operate-Transfer — (BOT) is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, and operate a facility for a specified period, often as long as 20 or 30 years. After the… … Wikipedia
Asynchronous Transfer Mode — In electronic digital data transmission systems, the network protocol Asynchronous Transfer Mode (ATM) encodes data traffic into small fixed sized cells. The standards for ATM were first developed in the mid 1980s. The goal was to design a single … Wikipedia
Manila Metro Rail Transit System — Metrostar Express … Wikipedia
Saudi Landbridge Project — The Saudi Landbridge Project is a planned US$3.5 billioncite news | title=BAFOs Submitted for Saudi Landbridge Project | url =http://www.infra news.com/newsdetails.asp?iNID=10870 TempID=5 | work =Infranews | date = 2008 02 28 | accessdate=2008 02 … Wikipedia
Nobbies Centre — Exterior of the Nobbies Centre The Nobbies Centre is an ecotourism destination located at Point Grant, on the western tip of Phillip Island, Victoria, Australia. Once known as the Seal Rocks Sea Life Centre, the centre is managed by the Phillip … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Construction management — A two level retail store under construction in Canada (2011). Construction Project Management is the overall planning, coordination and control of a project from inception to completion aimed at meeting a client’s requirements in order to produce … Wikipedia
transportation — /trans peuhr tay sheuhn/, n. 1. the act of transporting. 2. the state of being transported. 3. the means of transport or conveyance. 4. the business of conveying people, goods, etc. 5. price of travel or transport by public conveyance; fare. 6.… … Universalium
Architecture and Civil Engineering — ▪ 2009 Introduction Architecture For Notable Civil Engineering Projects in work or completed in 2008, see Table (Notable Civil Engineering Projects (in work or completed, 2008)). Beijing was the centre of the world of architecture… … Universalium
Chennai Port — (Madras Port) Chennai Port Location Country … Wikipedia