Build-Operate-Transfer (BOT) Contract: Definition, Risks, and Framework
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Build-Operate-Transfer (BOT) Contract: Definition, Risks, and Framework
A build-operate-transfer (BOT) contract is a model used to finance large projects, typically infrastructure projects developed through public-private partnerships. Under this contract, a public entity grants a concession to a private firm to both build and operate the project and after a set time frame, control of the project is returned to the ...
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