Managing Risks - Department of Public Works and Services
Managing Risks - Department of Public Works and Services
Managing Risks - Department of Public Works and Services
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Build-Operate-Transfer<br />
Method <strong>of</strong> project delivery in which a private<br />
company is given a concession to finance,<br />
design, build <strong>and</strong> operate a facility<br />
(powerplant, airport, toll road, etc.) normally<br />
built <strong>and</strong> operated by the government. At the<br />
end <strong>of</strong> the concession period, ownership<br />
<strong>and</strong>/or operation <strong>of</strong> the facility is transferred<br />
to the government. Variants include BOO (no<br />
transfer back), BOOT, DBFO, FDBOM, etc.<br />
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