荷世平2006-07-252018-07-092006-07-252018-07-092005http://ntur.lib.ntu.edu.tw//handle/246246/2906As economy slows down, the BOT/PFI projects become popular in many countries. BOT procurement is undertaken on a service-based output basis rather than an asset delivery basis. Major studies and efforts focused on financial arrangements or project construction management. No serious research on the public sector’s step-in rights related issues nor were relevant significant cases been analyzed. To address the uncertainty nature of BOT projects within operation period, the public sector’s action should follow Pareto rule, namely to develop a decision–making process which (1) maximize the efficiency of resource allocation and income distribution as well as (2) minimize the transaction cost. Satisfying these objectives is a challenging task that requires identifying tradeoffs among themselves. This paper presents a case study for examining one of the very first PFI agreements in 1993 and the renegotiation of the deal in 1999.The analysis provides some valuable lessons which could be learned from this particular deal for future BOT/PFI contracts design. Furthermore, the outcome of the study will be interdisciplinary works which provide a new approach to BOT/PFI regulators and contracting parties without discrimination.application/pdf281191 bytesapplication/pdfzh-TW國立臺灣大學土木工程學系暨研究所BOTdecision-makingbenchmark approachcontract-designingoption theoryreporthttp://ntur.lib.ntu.edu.tw/bitstream/246246/2906/1/932211E002058.pdf