BOT (Build, Operate and Transfer) an alternative to traditional data conversion and management
Robert W. Brown
President
AGRA Baymont, Inc.
14100 58ti Street North
Clearwater, Florida 33760
Peter Schmidt
Senior Project Manager
Booz Allen& Hamilton
8283 Greensboro Drive
McLean, Virginia 22102
Introduction
Anyone embarking on an AM/FM project today will have several key questions to answer, as this
kind of project will cost significant dollars, affect most functional departments, and require diligent
and effective project planning and management.
Most projects follow one of two traditional execution strategies: 1) internal contract management;
or 2) prime contractor. The primary objective of this paper is to address a third alternative, which
has been adapted from the engineering-construction industry, and is called "BOT," or Build-
Operate-Transfer.
Overview of discussion
Upon the initial review of your AM/FM project, if you answer "yes" to any of the following questions,
then potentially, a BOT execution strategy maybe a viable approach for you.
-
Is turnkey project financing a problem for the project?
-
Does your user need exceed the budget constraints?
-
Would the capital investment be greater if the operator were to be brought in on a profitsharing
basis?
-
Do you have less internal resources than needed to properly manage and execute the project?
Because an affirmative answer to one or more of these questions can seriously affect your ability
to properly complete a comprehensive AM/FM project, this paper will introduce BOT as a possible
solution.
First, the paper will describe the two most common and traditional methods of executing AM/FM/
projects employed today. They are:
-
Internally managed through multiple contract awards.
-
Internally managed through the use of a single prime contractor or integrator.
Multi-contract project methodology
The first flowchart, Chart A, addresses the basic steps to implement an internally managed, multi award
contract strategy.
Flowchart A - AM/FM Multi-Contract Project Methodology
| Advantages |
Disadvantages |
- maximum corporate infuence
- fits traditiona utiity type matrix
- technoogy transfer maximized
- control with owner
- allows project fexibiity
|
- most resources
- requires significant AM/FM knowedge
- more scheduing
- more contract management
- contract conficts and change orders
|
