Concession model for fair distribution of benefits and risks in build-operate-transfer road projects

A fair distribution of benefits and risks is not only one of the key factors in deciding concession period but also an important prerequisite for good cooperation between the government and the private sector in a Build-Operate-Transfer (BOT) road project. Considering the psychological characterist...

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Bibliographic Details
Main Authors: Xue Yan, Heap-Yih Chong, Jing Zhou, Qian Li
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2019-03-01
Series:Journal of Civil Engineering and Management
Subjects:
Online Access:http://journals.vgtu.lt/index.php/JCEM/article/view/8649