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Build-Own-Operate-Transfer

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Definition Edit

Build-Own-Operate-Transfer (BOOT) is a financing arrangement in which a developer (1) designs and builds a complete project or facility at little or no cost to the government or a joint venture partner, (2) owns and operates the facility as a business for a specified period, after which (3) transfers it to the government or partner at a previously agreed-upon or market-price.

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