|
|
|
| DECISION MODEL OF CONCESSION PERIOD FOR BOT |
| WANG Ya, Yu De-ming |
| Civil and Architecture Colledge, South Central University |
|
|
|
|
Abstract Previous studies have developed various techniques and methods, mainly suggesting organization structure, contracting procedures, methods of project financing and risk allocation when BOT projects are implemented. Neverthe?less, it appears that little has been undertaken in studying the way to determine the concession period in a BOT contract. Decision of concession period directly affects allocation of interests between project enterprise and host country .Too long or too short of this period would make the project enterprise or host counry have a loss. Thus, this paper develops an side-cision model of concession period for build-operate-transfer infrastructure projects, which can satisfy the interests of in?vestor and host country.
|
|
Received: 22 December 2003
|
|
|
|
|
|
| [1] |
L.Y.Shen,H.Li.Alternative Concession Model for Build Operate Transfer Contract Projects [J]. Journal of Construction Engi?neering and Management,ASCE July/August,2002.
|
| [2] |
Mohan M.kumaraswamy,M.ASCE.Build-Operate-Type Procure?ment in Asian Megaprojects [J]. Journal of Construction Engi?neering and Management,ASCE,March/April.2002.
|
| [3] |
李启明，申立根.基础设施BOT项目特许权期的决策模型 [J].管理工程学报,2000(1).
|
| [4] |
项阳.B0T方式的特许权及相关问题分析[J].决策借鉴， 2001.12.
|
| [5] |
刘省平.B0T项目融资理论与实务[M]. 2002.9.
|
|
|
|
2004, Vol. 21 
