Build Operate Transfer Agreement Sample

An airport port power plant water supply system etc for a certain period of time before transferring the infrastructure asset to the government.

Build operate transfer agreement sample. A build operate transfer bot agreemend is an agreement pursuant to which an investor agrees to construct finance the construction of and operate and maintain a particular infrastructure asset e g. Build operate transfer b o t the key difference between an odc relationship and the b o t approach is the anticipated future transfer of ownership. While an odc set up is an outsourced relationship a b o t scenario starts much like an odc but then changes into an owned subsidiary of the company. Build operate and transfer project agreement national power corp.

And hopewell project management co. Under the brot arrangement a private developer builds an add on to an existing facility or completes a partially built facility and rehabilitates existing assets then operates and maintains the facility at its own risk for the contract period. A build operate transfer contract is a model used to finance large projects typically infrastructure projects developed through public private partnerships. Agreement means this build operate and transfer agreement comprising these general terms the tender documents but excluding any provisions of the tender documents which directly or indirectly impose obligations on the service provider other than obligations.