The graph below shows the contractual structure of a typical BOT project or concession, including loan agreements, the shareholders` agreement between the project company`s shareholders, and the subcontracts of the operating contract and construction contract typically concluded between the project company and a member of the project companies consortium. Each project will have some variation of this contractual structure depending on its particular requirements: not all BOT projects require a guaranteed delivery of inputs, so a fuel/input supply contract may not be required. Cash flow can be made in part or in full by public tariffs and not by a purchaser. Concessions, build-operate projects (BOT) and design construction projects (BODs) are types of production-oriented public-private partnerships. BOT and BOD projects typically include major construction plans and work, as well as long-term operations for new construction (Greenfield) or major renovation and expansion projects (Brownfield). Below are definitions for each type of agreement, as well as important functions and examples of each agreement. This page also contains links to industry-specific checklists, toolkits, and PPP information. SYNOPSIS AND IMPORTANT CASE INFORMATION December 4, 2019.docx A Build Operate Transfer (BOT) project is typically used to develop a discrete asset and not an entire network, and is usually completely new or in the green prairie (although a renovation may be necessary). In the context of a BOT project, the project company or operator usually generates its revenue through a royalty charged to the supplier/government and not through tariffs charged to consumers. In common law countries, a number of projects are called concessions, such as.B toll road projects, which are under construction and have a number of similarities with BOTs. . This section takes a closer look at BOT concessions and projects.
It also deals with power purchase/purchase agreements, input/mass supply contracts, and implementation agreements that are widely used for BOT projects with power plants. Global Wine War 2009·-ÒëÕÕÕàí°æ[www.51wendang.com].doc This section does not address the complexity of financial documents typically found in a proposed concession or BOT. In a construction design project (BOD), the public sector owns and finances the construction of new facilities. The private sector designs, builds and operates assets to achieve certain agreed outcomes. Documentation for a BOD is usually simpler than a BOT or concession, as there are no financing documents and usually consists of a turnkey construction contract, plus an operating contract or a section added to the turnkey contract that covers the operation. The operator takes no financing risk or only a minimal financing risk for the capital and usually receives an amount for the design of the facility, payable in instalments after the completion of the tree stone stones, and then an operating fee for the duration of operation. The operator is responsible for the design, construction and operation, and if parts need to be replaced during the operating period before the assumed lifespan, the operator is likely responsible for the replacement. A concession gives a concessionaire the long-term right to use all supplies transferred to the concessionaire, including responsibility for operation and certain investments. Ownership of assets remains in the hands of the Authority and the Authority is generally responsible for the replacement of high-value assets. Assets shall be returned to the Authority at the end of the concession period, including assets acquired by the concessionaire.
In the case of a dealership, the dealer usually derives most of its income directly from the consumer and therefore has a direct link with the consumer. . . .