Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 10 results ...

Carty, G J (1995) Construction . Journal of Construction Engineering and Management, 121(03), 319–28.

Gibson, G E, Kaczmarowski, J H and Lore, H E (1995) Preproject-Planning Process for Capital Facilities. Journal of Construction Engineering and Management, 121(03), 312–8.

Herbsman, Z J, Tong Chen, W and Epstein, W C (1995) Time Is Money: Innovative Contracting Methods in Highway Construction. Journal of Construction Engineering and Management, 121(03), 273–81.

Koehn, E &, Kothari, R K and Pan, C (1995) Safety in Developing Countries: Professional and Bureaucratic Problems. Journal of Construction Engineering and Management, 121(03), 261–5.

Powderham, A J and Tamaro, G J (1995) Mansion House London: Risk Assessment and Protection. Journal of Construction Engineering and Management, 121(03), 266–72.

Sawhney, A and AbouRizk, S M (1995) HSM-Simulation–Based Planning Method for Construction Projects. Journal of Construction Engineering and Management, 121(03), 297–303.

Shapira, A (1995) Rational Design of Shoring-Tower–Based Formwork. Journal of Construction Engineering and Management, 121(03), 255–60.

Thomas, H R and Napolitan, C L (1995) Quantitative Effects of Construction Changes on Labor Productivity. Journal of Construction Engineering and Management, 121(03), 290–6.

Tiong, R L K (1995) Competitive Advantage of Equity in BOT Tender. Journal of Construction Engineering and Management, 121(03), 282–9.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1995)121:3(282)
  • Abstract:
    This paper is concerned with the role of equity and level of equity investment required in a build-operate-transfer (BOT) tender. In times of decreasing ability to raise public funds for infrastructure projects, the BOT concept has been used increasingly by governments to implement privately financed projects such as toll roads and private power plants. This paper shows that high level of equity is necessary in BOT tender if it is specified in the request for proposal, the competition is keen, and financing for the project is uncertain. Governments are often concerned about the high financial charges that may overburden the cash flows of the project and which may subsequently affect the efficient running of the project. It may also be concerned about the availability of debt financing. Governments therefore view high equity as important and necessary. The threshold equity level proposed by the promoters must therefore be high—typically between 20% and 30%—for them to be short-listed and to proceed to the final round of negotiation when the selection will be made. Otherwise they will be dropped from further consideration.

Tiong, R L K (1995) Impact of Financial Package versus Technical Solution in a BOT Tender. Journal of Construction Engineering and Management, 121(03), 304–11.