Build-Own-Operate. Transfer (BOOT): The private sector entity owns the constructed infrastructure until the end of the arrangement and then transfers that ownership to the public sector entity. Thus, the private sector assumes the risks and responsibilities related to property ownership that extend beyond those allocated under a DBFO scheme.
Build-Own-Operate. Transfer (BOOT) BOOT is an arrangement where a concession company (private entity) designs, finances, builds, operates and maintains a facility. Ownership rests with the concessionaire3 and it charges user fees for a specified concession period. At the end of this period, ownership and operating rights are transferred back to the public sector normally without charge and if not already transferred upon completion of the facility.4 During the concession period, the concession company owns and operates the facility and collects revenues for repaying the financing and investment costs. Additionally, it maintains and operates the facility and makes a margin of profit.5The first BOOT project in Chinais Shajiao and was transferred to the Shenzhen government successfully in September 1999.6
Build-Own-Operate. (BOO) In a typical BOO structure, the control and the title of ownership of the projects remain with the private sector, that is, there is no transfer of ownership to the government. Under the BOO project, the private sector entity is responsible for financing, building, owning and operating an infrastructure facility effectively in perpetuity. An example of BOO is the water treatment plants serving parts of South Australia.9
