Build Operate Transfer

Build Operate Transfer
USA
A type of public private partnership often used in project financing in which a government entity sells a concession to a private entity giving it the right to finance, design, construct, lease and operate a project. Unlike the Build-Own-Operate-Transfer (BOOT) structure, the private entity does not own the project but has the right to earn revenues from its operation of the project. This structure is often used to develop assets that may not be appropriate for private ownership (for example, roads, bridges and tunnels).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Build Own Operate Transfer — (BOOT) USA A type of public private partnership often used in project financing in which a government entity sells a concession to a private entity giving it the right to finance, design, construct, own and operate a project f …   Law dictionary

  • Build, Own, Operate, Transfer — Build Own Operate Transfer (BOOT) USA A type of public private partnership often used in project financing in which a government entity sells a concession to a private entity giving it the right to finance, design, construct, own and operate a… …   Law dictionary

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