Build, operate and transfer contracts are one of the advanced contracts that the state resorts to for the purpose of establishing a vital project within it that provides a basic service to all its citizens, through its agreement with giant investment companies specialized in establishing such huge projects that need huge funds to implement them. These contracts go through three basic stages that are not completed by the failure of one of them, the first of which is the construction stage, in which the state delivers the land on which the target project will be built to the project company executing the contract, and then these contracts enter into its second stage of operating the project, during which the company is committed to providing the project subject to the contract with all the advanced equipment and machinery, and providing it with all the modern technology it needs that support the project in providing high quality service with international specifications. In addition to training a sufficient number of national workers to use them, so that the state ensures the continuation of the operation of the project with the same efficiency after the end of the period of its implementation of the contract, and then these contracts reach their final stage of the company's return of possession of the project to the state again after the end of the period specified for the implementation of the contract.
Abu Ruwais, M. (2024). Legal framework for build-operate-transfer contracts B.O.T.. Journal of Legal and Economic Research, 14(90.), 1-42. doi: 10.21608/mjle.2024.393479
MLA
Moftah Abu Ruwais. "Legal framework for build-operate-transfer contracts B.O.T.", Journal of Legal and Economic Research, 14, 90., 2024, 1-42. doi: 10.21608/mjle.2024.393479
HARVARD
Abu Ruwais, M. (2024). 'Legal framework for build-operate-transfer contracts B.O.T.', Journal of Legal and Economic Research, 14(90.), pp. 1-42. doi: 10.21608/mjle.2024.393479
VANCOUVER
Abu Ruwais, M. Legal framework for build-operate-transfer contracts B.O.T.. Journal of Legal and Economic Research, 2024; 14(90.): 1-42. doi: 10.21608/mjle.2024.393479