Determination of the concession period in a transportation infrastructure BOT scheme Based on CPM Simulation

摘要：

The build-operate-transfer (BOT) approach is one of the privatization mechanisms for effectively promoting transportation infrastructure developments by using private funds to construct new infrastructure facilities. But in a BOT scheme, the concession period is important to the host government because it is relative to road toll pricing, construction cost and operation. In this paper, we will develop an optimal road toll pricing models under demand uncertainty for maximize the social welfare. Then, we will simulate the project completion time based on the Monte Carlo method and ensure the construction cost. According to the scope of the profit rate, which is designed for contractors by the host government, we can figure out the scope of the concession period on the basis of the tradeoff of profit and construction cost.

作者: SHENG Shukai WANG Chunyan

作者单位: School of Civil Engineering and Architecture Anhui University of Science and Technology Anhui HuaiNan,China

会议类型: 国际会议

会议名称: International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)

会议地点: 武汉

会议语种:英文

页码: 1-4

在线出版日期: 2011-08-12（万方平台首次上网日期，不代表论文的发表时间）