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1 – 10 of over 1000This paper sets out the major facets of the Build‐Own‐Operate‐Transfer (BOOT) approach of procuring and managing energy‐related assets. The relative merits between BOOT and other…
Abstract
This paper sets out the major facets of the Build‐Own‐Operate‐Transfer (BOOT) approach of procuring and managing energy‐related assets. The relative merits between BOOT and other strategies are contrasted. The participants and the life cycle of BOOT are explained. The pros and cons of BOOT are outlined. Case studies on energy infrastructure BOOT schemes are then used to illustrate different terms, scope and benefits of such projects.
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MARCUS JEFFERIES, ROD GAMESON and STEVE ROWLINSON
Recent trends in the provision of infrastructure development indicate that the private sector is playing an increasingly important role in the procurement process. This trend has…
Abstract
Recent trends in the provision of infrastructure development indicate that the private sector is playing an increasingly important role in the procurement process. This trend has partly arisen out of a necessity for the development of infrastructure to be undertaken at a rate that maintains and allows growth. This has become a major challenge for many countries where it is evident that these provisions cannot be met by government alone. The emergence of Build‐Own‐Operate‐Transfer (BOOT) schemes as a response to this challenge provides a means for developing the infrastructure of a country without directly impacting upon the government's budgetary constraints. The concepts of BOOT are without doubt extremely complex arrangements, which bring to the construction sector risks not experienced previously. This paper examines perceptions of BOOT schemes in order to develop a framework of critical success factors. The developed framework is then tested against a case study of Stadium Australia, and the outcomes of the comparison are discussed.
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The Equal Pay Act 1970 (which came into operation on 29 December 1975) provides for an “equality clause” to be written into all contracts of employment. S.1(2) (a) of the 1970 Act…
Abstract
The Equal Pay Act 1970 (which came into operation on 29 December 1975) provides for an “equality clause” to be written into all contracts of employment. S.1(2) (a) of the 1970 Act (which has been amended by the Sex Discrimination Act 1975) provides:
G.K.M. Dabarera, B.A.K.S. Perera and M.N.N. Rodrigo
Governments of many developing countries that are unable to develop their infrastructure in order to obtain financial resources prefer to establish public–private partnerships…
Abstract
Purpose
Governments of many developing countries that are unable to develop their infrastructure in order to obtain financial resources prefer to establish public–private partnerships (PPPs) for providing the much-required infrastructure. Time is thus opportune for Sri Lanka, which is also a developing country, to make use of PPPs to develop its road network. The purpose of this paper is, therefore, to identify the PPP models that suit road construction in Sri Lanka.
Design/methodology/approach
The study used a mixed approach. The characteristics of road construction, procurement selection factors to be considered in road construction, and the different PPP models that can be used for such procurements were identified through a comprehensive literature synthesis. The findings were validated using expert interviews. A questionnaire survey identified the PPP models that suit road construction in Sri Lanka. The most suitable model among them was identified by ranking the PPP models using procurement selection factors.
Findings
Build–Own–Operate–Transfer was identified as the PPP model that best suits road construction in Sri Lanka. However, investors may not find it attractive because of its high payback period, a result of the low traffic volume in Sri Lanka. Therefore, a PPP model that involves road construction alone will not be feasible in Sri Lanka. It will have to include the construction of other infrastructure as well.
Originality/value
The study identifies a PPP model that best suits the road construction projects in Sri Lanka.
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The purpose of this paper is to examine perceptions of Build‐Own‐Operate Transfer (BOOT) schemes in order to develop a framework of critical success factors (CSF).
Abstract
Purpose
The purpose of this paper is to examine perceptions of Build‐Own‐Operate Transfer (BOOT) schemes in order to develop a framework of critical success factors (CSF).
Design/methodology/approach
Success factors are identified from relevant literature and a project specific CSF framework is produced with key issues discussed. Discussion focuses on a case study of a current Australian BOOT project, the Sydney SuperDome.
Findings
The SuperDome is proving to be an example of how both government and private industry is attempting to meet Australia's need for infrastructure in the new millennium. The project had a streamline finance process and project participants had an appetite for risk that exceeded the other tenderers. PPPs are now established as a worldwide means of developing public services with private sector finance and expertise.
Originality/value
The SuperDome model is setting the benchmark for Australian BOOT projects, acting as the framework for future PPPs initiated by the NSW Government.
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A distinction must be drawn between a dismissal on the one hand, and on the other a repudiation of a contract of employment as a result of a breach of a fundamental term of that…
Abstract
A distinction must be drawn between a dismissal on the one hand, and on the other a repudiation of a contract of employment as a result of a breach of a fundamental term of that contract. When such a repudiation has been accepted by the innocent party then a termination of employment takes place. Such termination does not constitute dismissal (see London v. James Laidlaw & Sons Ltd (1974) IRLR 136 and Gannon v. J. C. Firth (1976) IRLR 415 EAT).
P.E.D Love, B.M. Wood, D. Picken and B. Confoy
In an attempt to improve the effectiveness and efficiency of correctional facilities the Australian Government has recognised the need for their privatisation. Consequently, the…
Abstract
In an attempt to improve the effectiveness and efficiency of correctional facilities the Australian Government has recognised the need for their privatisation. Consequently, the Victorian Government initiated an “Infrastructure Investment Policy”, which led to the development of a portfolio called the “New Prisons Project”. This paper presents findings from several prison projects that have been developed using different procurement methods by both the public and private sector. The findings reveal that prisons procured by the private sector using BOO systems are more cost‐efficient, specifically in relation to construction and operating costs, than those procured by other means. Discussions on the future of privatising correctional services using BOO systems are also presented.
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Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.