What is BLOT (build, lease, operate, transfer)? - Definition from WhatIs.com

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BLOT (build, lease, operate, transfer)

Definition

BLOT (build, lease, operate, transfer)

What is a BLOT project?

BLOT (build, lease, operate, transfer) is a public-private partnership (PPP) project model in which a private organization designs, finances and builds a facility on leased public land. The private organization operates the facility for the duration of the lease and then transfers ownership to the public organization.

The BLOT model is one of several related PPP project types including BOOT (build, own, operate and transfer) and BOO projects (build, own, operate).

Related glossary terms: mobile number portability (MNP) , BOO project (build, own, operate project), BOOT (build, own, operate and transfer), Oracle Financial Services Software Limited (OFSSL), core banking system

This was last updated in December 2009

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