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Build Operate Transfer Contract | BOT Contract in Construction
Автор: QS Civil Expert
Загружено: 2021-04-28
Просмотров: 5553
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What is Build Operate Transfer BOT Contract in Construction.
Under a build-operate-transfer (BOT) contract, an entity—usually a government—grants a concession to a private company to finance, build and operate a project. The company (Contractor) operates the project for a period of time (20 or 30 years) with the goal of recouping its investment, then transfers control of the project to the government.
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