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Blackmon, R B and Gramopadhye, A K (1995) Improving Construction Safety by Providing Positive Feedback on Backup Alarms. Journal of Construction Engineering and Management, 121(02), 166–71.

Chang, L and Hsie, M (1995) Developing Acceptance-Sampling Methods for Quality Construction. Journal of Construction Engineering and Management, 121(02), 246–53.

Crowley, L G and Hancher, D E (1995) Evaluation of Competitive Bids. Journal of Construction Engineering and Management, 121(02), 238–45.

Crowley, L G and Hancher, D E (1995) Risk Assessment of Competitive Procurement. Journal of Construction Engineering and Management, 121(02), 230–7.

Hanna, A S and Senouci, A B (1995) Design Optimization of Concrete-Slab Forms. Journal of Construction Engineering and Management, 121(02), 215–21.

Hinze, J and Russell, D B (1995) Analysis of Fatalities Recorded by OSHA. Journal of Construction Engineering and Management, 121(02), 209–14.

Huang, R and Halpin, D W (1995) Graphical-Based Method for Transient Evaluation of Construction Operations. Journal of Construction Engineering and Management, 121(02), 222–9.

Jaselskis, E J, Anderson, M R, Jahren, C T, Rodriguez, Y and Njos, S (1995) Radio-Frequency Identification Applications in Construction Industry. Journal of Construction Engineering and Management, 121(02), 189–96.

Kangari, R (1995) Construction Documentation in Arbitration. Journal of Construction Engineering and Management, 121(02), 201–8.

Paulson, B C (1995) Computers and Construction—Midcareer Reflections. Journal of Construction Engineering and Management, 121(02), 197–200.

Shaked, O and Warszawski, A (1995) Knowledge-Based System for Construction Planning of High-Rise Buildings. Journal of Construction Engineering and Management, 121(02), 172–82.

Tiong, R L K (1995) Risks and Guarantees in BOT Tender. Journal of Construction Engineering and Management, 121(02), 183–8.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1995)121:2(183)
  • Abstract:
    The build-operate-transfer (BOT) concept is being used increasingly by governments across a number of infrastructural sectors in their drive to privatize major public projects. Governments see BOT schemes as a method of financing the construction of urgently needed infrastructure projects without direct sovereign guarantee of the loans and with all the technical and financial risks being borne by the private promoter. This paper is concerned with the issues of risks to be retained by the promoter and the guarantees to be offered to the government in the selection process of a BOT tender. It is critical for the promoter to understand that the ability to retain risks and offer guarantees does provide the competitive advantage in being awarded the concession.