Build-Transfer Clause Samples
Build-Transfer. Operate (BTO) The private sector as financer and construction of the facility is performed by replacing the ownership of the government. In other words, the private sector hired to do the construction of government facilities in a given period of time as long as they are able operate the facility.
Build-Transfer. Operate (BTO) In BTO, the concession company (private entity) constructs and builds the facility and then transfers the ownership to the public sector or government.7 In other words, a project company completes the project and transfers it back to the host government for a specified consideration. Then, the government contracts with a private company to operate the facility during the contract term, and either pays the operator a fee or receives royalty payments from the operator.8