During its 20 years in business, Nije Construction Company has always developed its contracts under a...

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During its 20 years in business, Nije Construction Company has always developed its contracts under a fixed-fee or cost plus arrangement. Now it has been offered an opportunity to participate in a project to provide cross-country highway transportation in an international setting, specifically a country in Malaysia. If accepted, Nije Construction Company will work as subcontractor to a larger European Corporation (namely XYZ Corporation Ltd), and the BOT form of contracting will be used with the Malaysian country government. Describe and explain to the President of Nije Construction company at least FOUR of the significant differences (from different viewpoints of i.e. subcontractor, corporation and/or government) that may be expected when the BOT format is utilized in lieu of its more traditional forms of contract making. During its 20 years in business, Nije Construction Company has always developed its contracts under a fixed-fee or cost plus arrangement. Now it has been offered an opportunity to participate in a project to provide cross-country highway transportation in an international setting, specifically a country in Malaysia. If accepted, Nije Construction Company will work as subcontractor to a larger European Corporation (namely XYZ Corporation Ltd), and the BOT form of contracting will be used with the Malaysian country government. Describe and explain to the President of Nije Construction company at least FOUR of the significant differences (from different viewpoints of i.e. subcontractor, corporation and/or government) that may be expected when the BOT format is utilized in lieu of its more traditional forms of contract making.

Answer rating: 100% (QA)

The buildoperatetransfer BOT form of contracting is significantly different from the fixedfee or costplus arrangement that Nije Construction Company h... View the full answer