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Build Own Operate (and Maintain).
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Build Own Transfer where the project is transferred back
to the party granting the concession. The transfer may be for value or at no
cost. |
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Eight risks usually comprising currency Inconvertibility,
expropriation, war and insurrection, terrorism, environmental activities,
landowner actions, non-government activists, legal, and
bureaucratic/approvals. The first three are insurable. It overlaps with the
political component of Force Majeure risk. |
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A form of public-private partnership. |
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Sovereign risk: |
The government's part of Political risk.
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