Build–operate–transfer

Rarity: Common

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Notion

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Science and technology

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What Wikipedia says

Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract.

Excerpt from the Wikipedia article “Build–operate–transfer”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Tredoli, Public domain, via Wikimedia Commons.