Question

The difference between a BOT contract and a BOOT contract is that under the BOOT contract:_______.1. The customer must organize the project's resources for the project organization. 2. The customer must observe all phases of the project process before the product is handed over. 3. The project organization must take initial ownership of the product. 4. The project organization is obligated to complete the project on time.

Answer 1

3. The project organization must take initial ownership of the product.

Step-by-step explanation:

These two terms are said to be essentially identical, even from their name meaning.

In the BOOT model, the enterprise customer also gets the benefit of the service provider’s financing of the capital expenses necessary to start a new service center or service delivery platform. While in the BOT model, the enterprise customer provides the financing for the new infrastructure. In a pure BOT, the service provider does not own the infrastructure but is a concessionaire entitled to manage it for a fee that covers its operating expenses.