BOOT (Contract Builds, Owns, Operates and Contract Transfers)
Build-Own-Operate-Transfer (BOOT) is a type of procurement model commonly used in public and infrastructure project financing. It involves the contracting of a private entity to develop, finance, construct, and own a project, as well as providing operational and maintenance services for an agreed time period before transferring it back to the procuring entity. By utilizing this model, entities can take advantage of the expertise and cost efficiency that comes with outsourcing development and delivery while still having security of ownership long-term.
