BLOT (build, lease, operate, transfer) is 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.
The BLOT model is one of several related PPP project types including BOOT (build, own, operate and transfer) and BOO projects (build, own, operate). reference
Courtesy : TechTarget
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