Qts 326
Qts 326
Qts 326
MATRIC NUMBER:-180505051
I. Development of Bonny Deep Sea Port:- FBC issued on the 24th of August 2020 to China Civil
Engineering Construction Corporation Ltd. ( CCECC)
II. Ibom Deep Sea Port Project:- September 17, 2020 to Bollore/Power China Consortium, Bollore
Africa Logistics-Power China International Group Limited
III. Warehouse in a Box– Abuja and LagosCRC:- FBC issued on the 6th September, 2018 to MDS
Logistics Ltd
IV. Development of Abuja-Warri Railway Line with Branch Line and Extensions from Jakura-
Lokoja and Agbarho-Warri (ii) Warri New Sea Port:- FBC issued on the 27th of November, 2018
to Messrs. China Railway Construction Company International (CRCC)
V. Development of Port Harcourt Railway Industrial Park :- FBC issued on the 24th of August 2020
to China Civil Engineering Construction Corporation Ltd. (CCECC)
3. Briefly explain the 11 types of PPP contracts identified in the previous slide.
Build – Operate – Transfer (BOT Contract) :- The BOT scheme refers to the initial concession
by a public entity such as a local government to a private firm to both build and operate the
project in question. After a set time frame, typically two or three decades, control of the
project is returned to the public entity.BOT projects are normally large-scale, greenfield
infrastructure projects that would otherwise be financed, built, and operated solely by the
government.
Build – Own – Operate – Transfer (BOOT Contract) :- is a project delivery method where a
private entity is responsible for financing, designing, constructing, and operating a public
infrastructure project for a specified period. The private entity owns and operates the project
during this period and generates revenue from it. Once the contract period ends, the
ownership and operation of the project are transferred back to the public entity. The primary
benefit of BOOT contracts is that they transfer project risk from the public entity to the private
entity.
Build – Own – Operate (BOO Contract) :- Build-Own-Operate (BOO) contract is a type of
public-private partnership (PPP) agreement. Under this contract, a private entity is responsible
for designing, constructing, and financing a project. After completion, the private entity owns
and operates the project for a specific period, during which it recovers its investment through
revenue generated by the project. After the specified period, ownership is transferred back to
the public entity.
Design – Build:- A contract in which the employer hands over responsibility for both designing
and building the project to a contractor. The contractor may choose to carry out the design in-
house or he may choose to sub-contract the work to his own design team. If the latter option is
chosen it would be usual to see an employer requesting a collateral warranty from the designer
to provide some comfort that the design provided is feasible and of a reasonable quality.
Design – Build – Finance :- is a project delivery method that involves a single entity responsible
for the design, construction, and financing of a project. Under this contract, the entity, typically
a private sector consortium, assumes the financial risk of the project. The entity is also
responsible for securing financing, which is repaid through the revenue generated by the
completed project. This type of contract can help to reduce project costs and streamline the
delivery process.
Design – Build – Finance – Operate (DBFO):- is a project delivery method in which a private
entity designs, constructs, finances, and operates a facility over a long-term period. The private
entity, also known as a concessionaire, is responsible for raising funds to finance the project
and assuming all risks associated with it. The concessionaire also operates the facility for a
predetermined period, after which ownership may revert to the public sector.
Design – Build – Finance– Maintain – Operate (DBMFO) :- is a project delivery method where a
single entity is responsible for designing, building, financing, maintaining, and operating a
facility or infrastructure project over a long-term period. This model transfers risk from the
owner to the contractor, who is responsible for delivering the project and ensuring its long-
term performance. This model can be attractive to governments or public agencies as it allows
for private sector investment in public infrastructure, without upfront costs to the public
sector.
Design – Construct – Maintain – Finance (DCMF) :- Design construct manage finance (DCMF) is
a public private partnership (PPP) arrangement that allows a
private contractor to finance, build or refurbish a project based on the requirements presented
by a government entity or public client. The project is then leased back to the client; however,
there is not necessarily a requirement for the ownership of the project to be transferred to
the client at the end of a specific period.
O & M (Operation & Maintenance ):- This contract outlines the responsibilities and obligations
of the service provider, which typically include ensuring proper functioning, performing regular
maintenance, and addressing any issues or problems that arise. The contract may also specify
performance metrics and service level agreements to ensure that the service provider meets
the client's expectations.
Buy – Build – Operate (BBO ):- Transfer of a public asset to a private or quasi-public entity
usually under contract that the assets are to be upgraded and operated for a specified period
of time. Public control is exercised through the contract at the time of transfer.
Operating License:- An operating license contract is a legal agreement between two parties,
where the licensee obtains the right to operate a particular asset or service, typically for a
defined period of time. The licensor, who owns the asset or service, grants the licensee the
right to use and operate it, subject to specific terms and conditions outlined in the contract.