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Arditi, D, Elhassan, A and Toklu, Y C (2002) Constructability Analysis in the Design Firm. Journal of Construction Engineering and Management, 128(02), 117–26.

Battikha, M G (2002) QUALICON: Computer-Based System for Construction Quality Management. Journal of Construction Engineering and Management, 128(02), 164–73.

Fredericks, T, Abudayyeh, O, Palmquist, M and Torres, H N (2002) Mechanical Contracting Safety Issues. Journal of Construction Engineering and Management, 128(02), 186–93.

Glagola, C R and Sheedy, W M (2002) Partnering on Defense Contracts. Journal of Construction Engineering and Management, 128(02), 127–38.

Gomar, J E, Haas, C T and Morton, D P (2002) Assignment and Allocation Optimization of Partially Multiskilled Workforce. Journal of Construction Engineering and Management, 128(02), 103–9.

Hajjar, D and AbouRizk, S M (2002) Unified Modeling Methodology for Construction Simulation. Journal of Construction Engineering and Management, 128(02), 174–85.

Kumaraswamy, M M and Morris, D A (2002) Build-Operate-Transfer-Type Procurement in Asian Megaprojects. Journal of Construction Engineering and Management, 128(02), 93–102.

Kwak, Y H (2002) Analyzing Asian Infrastructure Development Privatization Market. Journal of Construction Engineering and Management, 128(02), 110–6.

Que, B C (2002) Incorporating Practicability into Genetic Algorithm-Based Time-Cost Optimization. Journal of Construction Engineering and Management, 128(02), 139–43.

Thomas, H R, Horman, M J, de Souza, U E L and ZavÅ™ski, I (2002) Reducing variability to improve performance as a lean construction principle. Journal of Construction Engineering and Management, 128(02), 144–54.

Zhang, X Q, Kumaraswamy, M M, Zheng, W and Palaneeswaran, E (2002) Concessionaire Selection for Build-Operate-Transfer Tunnel Projects in Hong Kong. Journal of Construction Engineering and Management, 128(02), 155–63.

  • Type: Journal Article
  • Keywords: Build/operate/transfer; Tunnel construction; Hong Kong; construction industry; civil engineering; risk management; public administration;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2002)128:2(155)
  • Abstract:
    A significant realignment of risks between project participants is a fundamental facet of the new procurement paradigm of BOT (build-operate-transfer). A BOT concessionaire assumes far more and deeper risks than a contractor. One critical contributor to the success of a BOT project is the selection of an appropriate concessionaire who has the necessary capacity to provide the best overall deal throughout the build-operate-transfer process. However, various BOT-type procurement protocols are not yet proven and are still being tried and tested. Many countries are at the lower ends of their learning curves. Therefore, there is a need to benchmark the best practices that have been emerging. The Hong Kong government has developed a well-structured concessionaire selection framework supported by the Kepner-Tregoe decision analysis technique. This paper analyzes and draws experiences and lessons from this concessionaire selection practice. Current concessionaire selection practices worldwide are also discussed with a view to improve the procurement process of regions lacking in such experiences or expertise.