TY - JOUR T1 - BOT Projects in Taiwan JF - The Journal of Structured Finance SP - 53 LP - 63 DO - 10.3905/jsf.2000.320199 VL - 5 IS - 4 AU - Yang-Cheng Lu AU - Soushan Wu AU - Dar-Hsin Chen AU - Yun-Yung Lin Y1 - 2000/01/31 UR - https://pm-research.com/content/5/4/53.abstract N2 - The build-operate-transfer (BOT) model is one of the most important privatization schemes used for construction of a nation's infrastructure. There has been little discussion about how to use a simulation methodology in the financial scenario analysis of a bot project. This article suggests a Project at Risk (PAR) analysis based on a simulation technique using the value at risk methodology. A term structure of net cash flow curve also is developed top analyze the economic characteristics of bot financial plans. ER -