. "Build\u2013operate\u2013transfer (BOT) or build\u2013own\u2013operate\u2013transfer (BOOT) is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, and operate a facility stated in the concession contract. This enables the project proponent to recover its investment, operating and maintenance expenses in the project.Due to the long-term nature of the arrangement, the fees are usually raised during the concession period."@en . .