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Content Provider | IEEE Xplore Digital Library |
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Author | Song Jinbo Han Shoudong Wang Dongbo |
Copyright Year | 2008 |
Description | Author affiliation: Sch. of Manage., Dalian Univ. of Technol., Dalian (Song Jinbo; Han Shoudong; Wang Dongbo) |
Abstract | Concession period is a key parameter in build-operate-transfer (BOT) contract. Previous studies have provided effective methodologies and theory for the development of decision methods of concession period. Nevertheless, it appears that risk and uncertainty has been little considered in studying the way to determine the concession period of BOT projects. This paper proposes a decision method of concession period for BOT projects of sewage treatment by using NPV and Monte Carlo simulation, and discusses a list of deterministic and uncertain parameters in BOT projects of sewage treatment. A case study is given that indicates how the simulation technique is applied to determine the concession period. |
Starting Page | 1 |
Ending Page | 4 |
File Size | 129281 |
Page Count | 4 |
File Format | |
ISBN | 9781424421077 |
DOI | 10.1109/WiCom.2008.1803 |
Language | English |
Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Publisher Date | 2008-10-12 |
Publisher Place | China |
Access Restriction | Subscribed |
Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Subject Keyword | Technology management Uncertainty Government Decision making Investments Project management Sewage treatment Equations Contracts Construction industry |
Content Type | Text |
Resource Type | Article |
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