TYPES OF HIGH­WAY CON­TRACTS

Business Standard - - FRONT PAGE -

HY­BRID AN­NU­ITY MODEL

40% of project cost is to be pro­vided by govt dur­ing con­struc­tion pe­riod and the bal­ance as an­nu­ity pay­ments over oper­a­tions pe­riod, along with in­ter­est, to the de­vel­oper

BUILD-OP­ER­ATE-TRANS­FER

Govt en­gages a pri­vate firm to build and op­er­ate the project whose con­trol is re­turned to the pub­lic en­tity af­ter a set time-frame

EN­GI­NEER­ING, PRO­CURE­MENT, CON­STRUC­TION

Con­trac­tor has to ex­e­cute and de­liver the project within agreed time-frame and bud­get. These projects are fully-funded by govt

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