DocumentCode
3458808
Title
Breach of Contract and Deposit in BOT Projects
Author
Shi, Lei ; Huang, Wulin ; Dai, Dashuang
Author_Institution
Sch. of Manage., Dalian Univ. of Technol., Dalian
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
5
Abstract
This paper examines the possibility of contractual breach in BOT projects. The main advantage of BOT Scheme is that payoff externality can be internalized through bundling construction and management operations. However, the efficiency of BOT contract is flawed if private company with limited liability intentionally cancels the concession contract. The paper also investigates the deposit policy to deter the strategic breach of contract.
Keywords
contracts; BOT projects; bundling construction; bundling management; concession contract; contractual breach; Condition monitoring; Contracts; Costs; Ethics; Government; Hazards; Procurement; Project management; Technology management; Wheels;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Electronic_ISBN
978-1-4244-2108-4
Type
conf
DOI
10.1109/WiCom.2008.1821
Filename
4680010
Link To Document