What is the name given to a type of arrangement whereby the private partner builds and operates a particular service for a specified period of time, after which the facility reverts back to the government?
A)company-owned-government-operated (COGO)
B)build-own-operate-transfer (BOOT)
C)government-owned-company-operated (GOCO)
D)outsourcing

Question

Quizplus · Accepted Answer

The type of arrangement described is known as build-own-operate-transfer (BOOT), where a private partner builds and operates a certain service or facility for a set period of time, after which it is transferred back to the government. Option A refers to a model where the company owns the facility, but the government operates it. Option C describes a scenario where the government owns the facility but hires a private company to operate it. Outsourcing refers to the contracting out of services or activities to a third party, which may or may not involve a transfer of ownership.

What Is the Name Given to a Type of Arrangement