In: Civil Engineering
1 )How is the BOT modality of contracting different from DBO, where the latter stands for Design, Build and Operate?
2) Name two major differences between the usual Design and Build project and an EPC Turnkey Project.
3) In a project setup, write not more than 5 lines on the meaning, giving examples of usage, of the following words and expressions:
• Sponsor of a project
• Debtor
• Lender
• Project risk