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Akinci, B, Fischer, M and Kunz, J (2002) Automated Generation of Work Spaces Required by Construction Activities. Journal of Construction Engineering and Management, 128(04), 306–15.

Akinci, B, Fischer, M, Kunz, J and Levitt, R (2002) Representing Work Spaces Generically in Construction Method Models. Journal of Construction Engineering and Management, 128(04), 296–305.

Bhurisith, I and Touran, A (2002) Case Study of Obsolescence and Equipment Productivity. Journal of Construction Engineering and Management, 128(04), 357–61.

Formoso, C T, Soibelman, L, De Cesare, C and Isatto, E L (2002) Material Waste in Building Industry: Main Causes and Prevention. Journal of Construction Engineering and Management, 128(04), 316–25.

Guo, S (2002) Identification and Resolution of Work Space Conflicts in Building Construction. Journal of Construction Engineering and Management, 128(04), 287–95.

Hanna, A S, Peterson, P and Lee, M (2002) Benchmarking Productivity Indicators for Electrical/Mechanical Projects. Journal of Construction Engineering and Management, 128(04), 331–7.

Kashiwagi, D and Byfield, R (2002) State of Utah Performance Information Procurement System Tests. Journal of Construction Engineering and Management, 128(04), 338–47.

Nima, M A, Abdul-Kadir, M R, Jaafar, M S and Alghulami, R G (2002) Constructability Concepts in West Port Highway in Malaysia. Journal of Construction Engineering and Management, 128(04), 348–56.

Schexnayder, C J and David, S A (2002) Past and Future of Construction Equipment—Part IV. Journal of Construction Engineering and Management, 128(04), 279–86.

Shen, L Y, Li, H and Li, Q M (2002) Alternative Concession Model for Build Operate Transfer Contract Projects. Journal of Construction Engineering and Management, 128(04), 326–30.

  • Type: Journal Article
  • Keywords: Infrastructure; Build/operate/transfer; Contracts; Models; Project management; building; construction industry; project management; civil engineering;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2002)128:4(326)
  • Abstract:
    This paper develops an alternative concession model for build operate transfer (BOT) infrastructure projects. The concession period is a measure for deciding when the project ownership will be transferred from the investor back to the government concerned; it also demarcates the benefits, authorities, and responsibilities between the government and private investors. Previous studies have developed various techniques and methods, mainly suggesting proper organization structure, contracting procedures, methods of project financing, and risk allocation strategies when BOT-contract projects are implemented. These works have provided effective methodologies for the development of BOT contracts. Nevertheless, it appears that little has been undertaken in studying the way to determine the concession period in a BOT contract. This paper critically reviews the principles of establishing the concession period in a BOT contract. Such a review leads to developing a quantitative model for determining a proper concession period that can protect the interests of both the government concerned and private investors. An example is given that indicates how the alternative model can be applied to determine the concession periods of BOT infrastructure projects.