What is BOT Full Form?

The BOT full form is Build-Operate-Transfer. It is a type of project delivery method where the government sector (or sometimes the private sector)  provides some financial assistance to a private organisation to fund, establish, own, style and conduct business in a specified facility mentioned in the agreement period. Generally, this project delivery method is used for large-scale infrastructure investments. These investments are based on public-private partnerships and are financed using a BOT contract model.

Also Read: Government Jobs vs Private Jobs

What is the Basic Structure of BOT?

The following is the basic structure of BOT:

• Build – A private organisation accepts to assist the government in building a public infrastructure plan
• Operate – Then, it goes to manage and run the infrastructure for a pre-decided period of time. Later, it must recover the investment and start to make money 
• Transfer – After, the period of granted time, the organisation returns the ownership of the plan to the government agency

Also Read: MBA in Infrastructure Development and Management

What are the Benefits of BOT?

The following are the advantages of BOT:

• One of the most favourable advantages of BOT is that the government involves private firms which have an organised structure and plenty of equipment with which the private sector can aim to improve both the quality and effectiveness 
• They have performance-based agreements and output-oriented goals which help the BOT to give businesses a method and opportunity to increase productivity 
• The private sector also participates to share in the project’s dangers 
• The projects are fully competitively bid and thus, are executed at the cheapest cost possible 

Also Read: Architecture Courses

Other Full Form

Other full form is Balance of Trade. It is the difference between the value of the currency of the country while exporting and the value of the other country’s currency while importing or vice-versa.

Another full form of bot is “Robot”, or “Software Robot”. It refers to a computer program that is equipped to perform automated tasks.

Popular Full Forms

IPO Full Form	ROI Full Form	FII Full Form	PSU Full Form
FSSAI Full Form	PHP Full Form	GIC Full Form	TSP Full Form
MAT Full Form	PPA Full Form	EMC Full Form	SRS Full Form
ETC Full Form	NSC Full Form	REC Full Form	ITO Full Form
VC Full Form	TDS Full Form	FDI Full Form	ETF Full Form

We hope this blog has helped you understand the BOT full form and everything related to it. If you want to know more, find the 300+ full forms list on our blog. In the world of short forms, you can rely on the Leverage edu page to know about more full forms like this! Connect with us study abroad experts to achieve your international dream today!