Critical success factors of the BOOT procurement system: reflections from the Stadium Australia case study

Emerald - Tập 9 Số 4 - Trang 352-361 - 2002
MARCUSJEFFERIES1, RODGAMESON1, STEVEROWLINSON2
1School of Architecture and Built Environment, The University of Newcastle, University Drive, Callaghan, NSW 2308, Australia
2Department of Real Estate and Construction, The University of Hong Kong, Pokfulam, Hong Kong, China

Tóm tắt

Recent trends in the provision of infrastructure development indicate that the private sector is playing an increasingly important role in the procurement process. This trend has partly arisen out of a necessity for the development of infrastructure to be undertaken at a rate that maintains and allows growth. This has become a major challenge for many countries where it is evident that these provisions cannot be met by government alone. The emergence of Build‐Own‐Operate‐Transfer (BOOT) schemes as a response to this challenge provides a means for developing the infrastructure of a country without directly impacting upon the government's budgetary constraints. The concepts of BOOT are without doubt extremely complex arrangements, which bring to the construction sector risks not experienced previously. This paper examines perceptions of BOOT schemes in order to develop a framework of critical success factors. The developed framework is then tested against a case study of Stadium Australia, and the outcomes of the comparison are discussed.

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Emerald

Tập 9 Số 4

352-361

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