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Şentürk, H A and Yazici, G (2004) Case Study: Izmit Domestic and Industrial Water Supply Build–Operate–Transfer Project. Journal of Construction Engineering and Management, 130(03), 449–54.

  • Type: Journal Article
  • Keywords: Build/Operate/Transfer; Water supply; Project management; Turkey; Case reports; project management; water supply; construction; financial management; civil engineering;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2004)130:3(449)
  • Abstract:
    The “build, operate, and transfer model” (BOT) is a financing model, which is used in many developing countries to finance new infrastructure projects with private sector participation. The BOT method foresees the financing, designing, building, operating, and managing of the facility by the private sector and then its transfer free of charge, to the owner after a predetermined concession period. For interested parties, the history of BOT laws and projects in Turkey is presented as an Appendix. In this study, the Izmit Domestic and Industrial Water Supply Project, the biggest privately financed water supply project procured under the BOT model in the world at the time and the first in Turkey will be introduced and the problems that arose during the implementation of the project, namely, the scope of the project, equity debt ratio, return on equity, principles of accounting, coordination of State departments, land access, determination of the optimum operation period, and the sale price of the water, will be presented and suggestions will be given on how to deal with these problems.

Abudayyeh, O, Dibert-DeYoung, A and Jaselskis, E (2004) Analysis of Trends in Construction Research: 1985–2002. Journal of Construction Engineering and Management, 130(03), 433–9.

Bossink, B A G (2004) Managing Drivers of Innovation in Construction Networks. Journal of Construction Engineering and Management, 130(03), 337–45.

Christini, G, Fetsko, M and Hendrickson, C (2004) Environmental Management Systems and ISO 14001 Certification for Construction Firms. Journal of Construction Engineering and Management, 130(03), 330–6.

Fang, D P, Huang, X Y and Hinze, J (2004) Benchmarking Studies on Construction Safety Management in China. Journal of Construction Engineering and Management, 130(03), 424–32.

Gransberg, D D, Karaca, I and Senadheera, S (2004) Calculating Roller Requirements for Chip Seal Projects. Journal of Construction Engineering and Management, 130(03), 378–84.

Han, S H, Diekmann, J E, Lee, Y and Ock, J H (2004) Multicriteria Financial Portfolio Risk Management for International Projects. Journal of Construction Engineering and Management, 130(03), 346–56.

Moussourakis, J and Haksever, C (2004) Flexible Model for Time/Cost Tradeoff Problem. Journal of Construction Engineering and Management, 130(03), 307–14.

Nima, M A, Abdul-Kadir, M R, Jaafar, M S and Alghulami, R G (2004) Constructability Concepts in Kuala Selangor Cable-Stayed Bridge in Malaysia. Journal of Construction Engineering and Management, 130(03), 315–21.

O’Connor, J T and Yang, L (2004) Project Performance versus Use of Technologies at Project and Phase Levels. Journal of Construction Engineering and Management, 130(03), 322–9.

Peng, J (2004) Structural Modeling and Design Considerations for Double-Layer Shoring Systems. Journal of Construction Engineering and Management, 130(03), 368–77.

Pietroforte, R and Stefani, T P (2004) ASCE Journal of Construction Engineering and Management: Review of the Years 1983–2000. Journal of Construction Engineering and Management, 130(03), 440–8.

Seo, S, Aramaki, T, Hwang, Y and Hanaki, K (2004) Fuzzy Decision-Making Tool for Environmental Sustainable Buildings. Journal of Construction Engineering and Management, 130(03), 415–23.

Shen, L Y, Li, Q M, Drew, D and Shen, Q P (2004) Awarding Construction Contracts on Multicriteria Basis in China. Journal of Construction Engineering and Management, 130(03), 385–93.

Wang, W (2004) Electronic-Based Procedure for Managing Unbalanced Bids. Journal of Construction Engineering and Management, 130(03), 455–60.

Warszawski, A and Sacks, R (2004) Practical Multifactor Approach to Evaluating Risk of Investment in Engineering Projects. Journal of Construction Engineering and Management, 130(03), 357–67.

Zayed, T M and Halpin, D W (2004) Quantitative Assessment for Piles Productivity Factors. Journal of Construction Engineering and Management, 130(03), 405–14.

Zayed, T M and Halpin, D W (2004) Simulation as a Tool for Pile Productivity Assessment. Journal of Construction Engineering and Management, 130(03), 394–404.