BUILD, LEASE, TRANSFER (BLT)
\bˈɪld], \bˈɪld], \b_ˈɪ_l_d]\
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A public-private partnership (PPP) project model in which a private organization designs, finances and builds a facility on leased public land. The private organization operates the facility for the duration of the lease and then transfers ownership to the public organization.
By Henry Campbell Black
Nearby Words
- build
- build in
- build on
- build up
- build upon
- BUILD, LEASE, TRANSFER (BLT)
- buildability
- builded
- builder
- builder's risk coverage forms
- builders risk coverage form