In which of the following models does the private partner

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In which of the following models does the private partner own the revenue as well as the risk associated with the project for a limited period of time?

1. Build, Own, Operate (BOO)
2. Build, Own, Operate, Transfer (BOOT)
3. Design, Build, Finance, Operate (DBFO)
4. Design, Bid, Build (DBB)

Correct Option: B

Build-Own-Operate-Transfer (BOOT) arrangement involves the transfer of responsibility for constructing, financing and operating a single facility to a private sector partner for a fixed period of time. At the end of that period, the responsibility reverts to the public party.