Lu, I.-F.I.-F.LuGuo, S.-J.S.-J.GuoPan, Y.-J.Y.-J.PanSY-JYE GUO2019-12-202019-12-202011https://scholars.lib.ntu.edu.tw/handle/123456789/437840The main purpose of the Taiwan High Speed Rail (THSR) project is connecting the major cities of Taiwan, Taipei in the north and Kaohsiung in the south. With the total construction investment amounting to approximately US$15 billion, this project is the world's largest build/operate/transfer (BOT) construction project (in dollar terms) and is also Taiwan's first BOT infrastructure project. The construction of the THSR commenced in March 2000 and operations began in January 2007. The experience and lessons gained in the THSR project are useful for countries and regions lacking such expertise and still in need of such infrastructure. This paper discusses key aspects of the THSR project, including procurement strategy, the tender process, construction project management, and the Owner Controlled Insurance Program. © 2011 ASCE.Construction management; Insurance; Owners; Rapid transit systems; Taiwan[SDGs]SDG11Build/operate/transfer; Construction investments; Construction management; Construction project management; Construction projects; Infrastructure project; Major cities; Owner controlled insurance programs; Owners; Procurement strategy; Rapid transit systems; Taiwan; Taiwan high speed rails; Construction industry; Insurance; Investments; Light rail transit; Railroad transportation; Rapid transit; Project managementjournal article10.1061/(ASCE)LM.1943-5630.00000882-s2.0-78650312584https://www.scopus.com/inward/record.uri?eid=2-s2.0-78650312584&doi=10.1061%2f%28ASCE%29LM.1943-5630.0000088&partnerID=40&md5=a91558d75aed964e452fe42013a145e2