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Concessions

Types of Concessions:

Build, Operate, Transfer (BOT)

Build, Own, Operate (BOO)

Build, Own, Operate, Transfer (BOOT)

In a BOOT scheme the private operator retains ownership of the facility in order to guarantee bank loans

Concessions usually include some regulatory provisions to set the prices to be charged and the quality of service to be provided

The assets are returned to the state at the end of the concession term (except BOO)

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