Definition: the BOOT Model is a public-private partnership (PPP) project financing model in which a private organization conducts a (typically large) development project under contract to a public-sector partner (e.g., a government agency). The public-sector partner may provide limited funding or other benefits but the private-sector partner assumes the risk associated with planning, constructing, operating and maintaining the project for a specified time period. During that time, the developer may charge customers who use the system or infrastructure. At the end of the specified period, the private-sector partner transfers the ownership to the funding organization for the amount stipulated. |
More on project management: PMBOK, PRINCE2, Project Management, Project Termination, RACI, more on project management... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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