DMPQ: Explain the following terms: a) The Built operate and transfer (BOT) Annuity Model b) BOT toll model c) Engineering, Procurement and Construction Model
The Build Operate and Transfer (BOT) Annuity Model Under BOT annuity, a developer builds the highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of commercial operation of the project. Payment will be made on a six month basis. … Read more