Build, Operate and Transfer Form of Project/Contract Delivery (BOT)


Build, Operate and Transfer Form of Project/Contract Delivery (BOT) : A form of project financing, wherein a private entity receives a concession from the private or public sector to construct, and operate a facility for a specified period, often as long as 20 or 30 years. After the concession period ends, ownership is transferred back to the granting entity
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