BOO project

BOO (build, own, operate) is a public-private partnership (PPP) project model in which a private organization builds, owns and operates some facility or structure with some degree of encouragement from the government. Although the government doesn't provide direct funding in this model, it may offer other financial incentives such as tax-exempt status. The developer owns and operates the facility independently.

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

Learn more about IT Vendor selection and technology outsourcing

Do you have something to add to this definition? Let us know. Send your comments to techterms@whatis.com

FILE EXTENSION AND FILE FORMAT LIST File Extension and File Format List: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

RELATED CONTENT IT investment of Rs 500 crore on Central Bank of India's 2010 agenda Central Bank of India readies IT investments to the tune of Rs 500 crore for 2010. Core banking system high on the bank's IT investment priorities. Office, SharePoint 2010 face competition, tight economy Microsoft needs to convince IT pros to upgrade to SharePoint 2010 and Office 2010 if it wants to lock them in for at least another three years. Payroll processing made easier at Winjit Technologies Winjit Technologies had a tough time with HR and accounting processes, till it opted for payroll processing software which suited the SMB's...

RELATED GLOSSARY TERMS Terms from Whatis.com − the technology online dictionary BLOT (build, lease, operate, transfer)  (SearchCIOIN.com) BLOT (build, lease, operate, transfer) is a public-private partnership (PPP) project model in which a private organization designs, finances and... BOOT (build, own, operate and transfer)  (SearchCIOIN.com) BOOT (build, own, operate, transfer) is a project funding model based on a financial agreement between a private contractor and a public organization.