Risks and Guarantees in BOT Tender

Tiong, Robert L. K.

doi:10.1061/(asce)0733-9364(1995)121:2(183)

Cited by 65 publications

(31 citation statements)

References 7 publications

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“…The high risk exposure associated with BOT projects implies that Decision Makers (DMs) or negotiators of both public and private sectors must pay special attention to analyzing and managing risks (Tiong, 1995(Tiong, , 1997.…”

Section: Literature Reviewmentioning

confidence: 99%

Risk identification and assessment for build–operate–transfer projects: A fuzzy multi attribute decision making model

Ebrahimnejad¹,

Mousavi²,

Seyrafianpour³

2010

Expert Systems with Applications

154

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Section: Literature Reviewmentioning

confidence: 99%

Risk identification and assessment for build–operate–transfer projects: A fuzzy multi attribute decision making model

Ebrahimnejad¹,

Mousavi²,

Seyrafianpour³

2010

Expert Systems with Applications

154

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“…This can be achieved by gathering all the related variables from the database of previous projects and the project environment, (e.g., conditions in the host country, the characteristics of the project and its location). The BOT project risk factors can be selected by evaluating a wide range of risk factors and their sub-factors can be obtained from the literature, (Tiong 1990(Tiong , 1995a(Tiong , b, 1996Tiong et al 1992;Levy 1996;UNIDO 1996;Gupta, Narasimham 1998;Ranasinghe 1999;Ozdoganm, Birgonul 2000). The second stage is to identify the variables and classify them after removing the redundant ones.…”

Section: Methodsmentioning

confidence: 99%

“…BOT should not be thought of as a legal term, but rather as an economic and financial concept. As defined by Tiong (1995a), it is "the granting of a concession by the Government to a private promoter, known as the concessionaire, who is responsible for financing, construction, operation and maintenance of a facility over the concession period before finally transferring the fully operational facility to the Government at no cost".…”

Section: Definition Of Bot Approachmentioning

confidence: 99%

“…As Tiong (1995a), states, a BOT infrastructure project may be implemented by a government grant, with a concession company which will finance, construct, operate and maintain the project before transferring ownership back to the government after an agreed concession period. Senturk et al (2004), note that BOT schemes, as adopted in many industrialized countries, use private sector participation to finance new infrastructure projects.…”

Section: Risk In Bot Projectsmentioning

confidence: 99%

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Risk Management Framework for Build, Operate and Transfer (Bot) Projects in Kuwait

Al-Azemi

Bhamra

Salman

2014

Journal of Civil Engineering and Management

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Abstract. Successful implementation of build-operate-transfer (BOT), infrastructure projects is dependent on a full and thorough analysis of factors that include social, economic and political, amongst others. Alongside the financially focused evaluations, qualitative factors will also have a strong impact on the project and so require specific techniques for the analysis. This paper presents a new evaluation framework, based on the analytical hierarchy process technique, for use in assessing the most common and significant decision factors relating to risks in BOT projects. Consultations with an expert group identified a series of risk decision factors. The results produced twenty-eight critical Risk Factors, which have a particular impact on the risks of BOT projects. The project risk framework was constructed by classifying the factors into five categories. The framework was successfully validated using a BOT project case study. This research seeks to make a valuable contribution to the field by having developed and validated a new risk evaluation framework, focused on BOT projects in Kuwait.

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“…Based on the type and characteristics of the above contracts are commonly used variant of the scheme for BOOT is the BOT that have characteristics appropriate to the infrastructure projects and the allocation of risk is needed (Tiong, 1995). Based on the decomposition of the above forms of PPP, it can be said in general that cooperation BOT is a variant that is often used to increase private participation for infrastructure development in the region (Ramdani, 2004).…”

Section: Public-private Partnership (Ppp)mentioning

confidence: 99%

Critical Success Factors of Public-Private-Community Partnership in Bali Tourism Infrastructure Development

Adnyana¹,

Anwar²,

Soemitro³

et al. 2015

JSD

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According to the National Development Planning Agency (Bappenas), the limited budget of the Government of Indonesia to improve public facilities can be resolved through the approach of Public-Private Partnership (PPP). PPP beneficial for the parties involved in such cooperation, among others, the transfer of technology, transfer of risk, and increase accountability. Until now, the PPP has not involve the active participation of the community, it is necessary to add an element of society in the so-called Public-Private-Community Partnership (PPCP). This study aims to investigate Critical Success Factors (CSF) of PPCP. CSF of PPCP obtained from the literature study of PPP. Respondents came from the regency/city level agency heads such as: the private sector at management level, party people represented by Indigenous Chairman (bendesa adat), penyarikan (secretary) and juru raksa (treasurer). Data of the questionnaire results collected resulted in a significant index (rate of interest) and subsequently analyzed with the "factor analysis" to determine CSF of PPCP. This study resulted in CSF of PPCP by incorporating local communities into the PPP, which is an improvement proposal for Decree No. 13 of 2007 about cooperation between the government and the private sector in infrastructure. From the results of a factor analysis, obtained the nine CSF are: socio-cultural factors (values diversity of 29.914%), legal factors (14.198%), procurement factor (5.330%), risk factors (4.956%), a consortium factor (4.312%), technical factors (3.951%), economic factors (3.643%), financial factors (3.241%), and technological factors (3.224%).

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Risks and Guarantees in BOT Tender

Cited by 65 publications

References 7 publications

Risk identification and assessment for build–operate–transfer projects: A fuzzy multi attribute decision making model

Risk identification and assessment for build–operate–transfer projects: A fuzzy multi attribute decision making model

Risk Management Framework for Build, Operate and Transfer (Bot) Projects in Kuwait

Critical Success Factors of Public-Private-Community Partnership in Bali Tourism Infrastructure Development

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