BLT contract definition
BLT contract. (Build-Lease-Transfer) means a type of contract to build an infrastructure project between a regulatory agency and an investor or special purpose entity; after completion of the works, the investor shall have the right to provide services on the basis of operation of such projector a specified period of time; the regulatory agency shall lease and make payment for the investor or special purpose entity’s services; when the lease term expires, such project shall be transferred to the regulatory agency.