By Topic

Analysis of influencing factors and mechanism for repurchase price in BT project

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

3 Author(s)
Yan Ling ; Sch. of Manage., Tianjin Univ. of Technol., Tianjin, China ; Zhao Hua ; Yang Linggang

BT model is widely introduced into infrastructure project (IP) in China. The core issue in the operation process of BT project is that the government sector's confirmation of the repurchase price (RP) and payment methods influences the interests of both sides. However, the theoretical studies and relevant legal system on the issues above are relatively insufficient. This paper defines the concepts of BT operation models and repurchase price in BT project, and analyzes the influencing factors, including the methods of investing funds, construction period, engineering change, benchmark interest rate and investment rate of return (IRR), RP payment methods, repurchase period etc. Through the analyzing of their mechanism and example calculation of the repurchase price, this paper comes out a well targeted contract control strategy on the basis of RP control purpose. The results may have a strong guiding significance in theoretical studies and practical operation of BT model's application in China.

Published in:

Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on

Date of Conference:

21-23 Oct. 2009