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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Yan Ling Zhao Yufei Du Yaling |
| Copyright Year | 2010 |
| Description | Author affiliation: School of Management, Tianjin University of Technology, China (Yan Ling; Zhao Yufei; Du Yaling) |
| Abstract | The increasing demand of the Urban Rail Transit Projects (URTP) and the insufficiency of government financial capital make BT mode a better choice of financing and construction mode for infrastructure project. However, the co-organizer of the URTP under BT mode has the project control right during the construction period; while, the sponsor is not in charge of the project operation, which makes it difficult for the realization of the operation function. The paper takes Shenzhen Metro Line 5 as the example, analyzes the BT mode from the perspective of Project Control Right Allocation and points out the BT mode is a weak BT mode, that is, BT sponsor has strong control right during the operation and undertakes supervision responsibilities. The weak BT mode is an innovation mode on PCRA. It meets the management demands about operation function, reducing management interface and helping to transfer risks. At last, the paper analyzes the limitations of the innovation BT mode, which will help to explore certain value on theoretical study and practice of URTP BT mode. |
| Starting Page | 1801 |
| Ending Page | 1805 |
| File Size | 776972 |
| Page Count | 5 |
| File Format | |
| ISBN | 9781424485017 |
| ISSN | 2157362X |
| e-ISBN | 9781424485031 |
| e-ISBN | 9781424485024 |
| DOI | 10.1109/IEEM.2010.5674556 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2010-12-07 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Technological innovation Schedules Urban Rail Transit Projects Investments Government Process control Mode Innovation Shenzhen Metro Line 5 Project Control Right Allocation Safety Contracts Weak BT Mode |
| Content Type | Text |
| Resource Type | Article |
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