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
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;
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
DOI :
10.1109/WiCom.2008.1821
