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Cox, A and Townsend, M (1997) Latham as half-way house: a relational competence approach to better practice in construction procurement. Engineering, Construction and Architectural Management, 4(02), 143–58.
Kumaraswamy, M M (1997) Conflicts, claims and disputes in construction. Engineering, Construction and Architectural Management, 4(02), 95–111.
Lombardi, P (1997) Decision making in urban regeneration plans. Engineering, Construction and Architectural Management, 4(02), 127–42.
Simister, S J and Green, S D (1997) Recurring themes in value management practice. Engineering, Construction and Architectural Management, 4(02), 113–25.
Tiong, R L K and Alum, J (1997) Distinctive winning elements in BOT tender. Engineering, Construction and Architectural Management, 4(02), 83–94.
- Type: Journal Article
- Keywords: BOOT; concession; operate; procurement
- ISBN/ISSN: 0969-9988
- URL: https://doi.org/10.1108/eb021041
- Abstract:
The Build-Operate-Transfer (BOT) model of development of privatized infrastructure projects is implemented through the award of a concession to a private sector consortium which will finance, build and operate the facility. In a competitive BOT tender, the selection of the successful consortium does not depend on the lowest tolls offered by the tenderer. Rather, it is dependent on the ability of the promoter to provide the most competitive package of distinctive winning elements in its proposal during the final negotiations. The promoter must fully understand the government’s needs and concerns and be able to address them through the right package of the winning elements. In this paper, these elements are developed from sub-factors of the critical success factors of technical solution advantage, financial package differentiation and differentiation in guarantees.