Jorrur Vgxrusss
No.6/?015
5.
Cap. 22:22
Gas and petroleum infiastructure such as refineries, storage depots and distribution
pipelines.'
6. Water supply, treatment and distribution systems.
7. Solid waste managernent works.
8. Renewable energy works.
9. Educational andhealth care facilities.
10.
ll.
12.
13.
Urban transllort systems.
Housing.
Information communication technology projects.
Agriculture and irrigation development.
PARTII
Twes or Jonn Vmnusn AcRnenmlrrs
Build andTransJer (BT)
the financing and
1 . A contractual arralgement wheretry a counterpafiy undertakes
construction of a given project and after its completion hands it over to the Government
or a conffacting authority. The Government or the contracting authority reimburses the
total project investment, on the basis of an agreed schedule" This arrangement may
be employed in the construction of any project, including critical facilities, which for
security or strategic reasons must be operated directly by tlie contracting authority.
Build, I'ease and T'ansfer (BLI)
2. A contmctual'arangement rvhereby a counterparty undertatries trr finance and
construct any project and upon its completion hands it over to the Govemment or a
contracting authority concerned on a lease arrangement for a fixed period, after whiclt
ownershipof theprojectis automatically transferredto the Government orthe contracting
authority concerned.
Build, Operate andTransfer (BOn
3. A contractual arrangement whereby a counterparty undertakes tlre construction,
includingfinancing, of agiven idrastructure facility, andthe operationandrnaintenance
thereof. The counterparty operates the facility over a fixed term during which the
counter- party is allowed to collect user levies, fees, rentals and other charges not
exceeding those proposed in the birt or as negotiated and incorporated in the agreement
or regulations to enable the recovery of the investment in the project. The counterparty
transfers the project to the Government or the contracting authority concerned at the
encl of the fixed term that shall be specified in the agrcement. This includes a supply and
operafe situation which is a contractual arrangement whereby the supplier of equipment
and machinery for a given project, if the interest of the Government or the contracting
authority so requires, operates the facility, providing in the process technology transfer
and training to Government, a regulatory agency, the contracting authority or nominated
individuals.
Build, Owrt and Operate (BOO)
4. A contractual arrangement whereby a counterparty is authorised to finance,
construct,own,operate andmaintairr aprojectfromwhich the counterparty is allowedto
recoverits total investmentby collecting user levies. Under the project, the counterparty
owns the assets of the project and may choose to assign its operation and maintenance
to a project operator. The transfer of the project to the Government or the contracting
authority is not envisaged in this structure. However, the Government or contracting
authority may terminate its obligations after a specified time period.
Build, Owrt, Operate andTransfer (BOO\
5. A contractual arrangement whereby a c.ounterparty is authorised to finance,
construct, maintain and operate a project and whereby the project is to vest in the
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