Document background
The Build Own Transfer Agreement is a crucial document in Dutch infrastructure development, particularly used in public-private partnership projects. It enables government authorities to leverage private sector expertise and financing while maintaining long-term public ownership of essential facilities. The agreement comprehensively covers three distinct phases: construction, operation, and transfer, incorporating Dutch regulatory requirements and market practices. It's particularly relevant for large-scale infrastructure projects where the government seeks to minimize initial capital expenditure while ensuring high-quality development and operation. The document includes detailed provisions for technical specifications, performance standards, risk allocation, and transfer conditions, all aligned with Dutch legal requirements and European Union regulations where applicable.
