The private sector is playing an increasingly important role in the procurement process of public works and services. This has partly arisen out of a requirement for infrastructure development to be undertaken at a rate that maintains and allows growth. In turn this has become a major challenge that cannot be met by government alone. The emergence of Build-Own-Operate-Transfer (BOOT) schemes as a response to this challenge provides a means for developing the infrastructure of a country without directly impacting upon the government's budgetary constraints. The concepts of BOOT are without doubt extremely complex arrangements, which bring to the construction sector risks not experienced previously. This paper examines perceptions of BOOT schemes in order to develop a framework of risk factors established from a case study of Stadium Australia.
Procurement Systems & Technology Transfer: CIBW92 Procurement Systems Symposium. Procurement Systems & Technology Transfer: CIBW92 Procurement Systems Symposium (St. Augustine, Trinidad and Tobago 14-17 January, 2002) p. 355-368