Critical Success Factors of the BOOT Procurement System: Reflections from the Stadium Australia Case Study
Abstract
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. (Emerald Group Publishing Limited)Citation
Engineering, Construction and Architectural Management, 9(4): 352-361Publisher
Emerald Group Publishing Ltd.Journal
Engineering, Construction and Architectural ManagementDOI
10.1108/eb021230Additional Links
https://www.emeraldinsight.com/doi/abs/10.1108/eb021230Type
Journal articleLanguage
enISSN
0969-9988ae974a485f413a2113503eed53cd6c53
10.1108/eb021230