With reference to the Build-Operate-Transfer (BOT) model of Public Private Partnership (PPP), consider the following statements:
1. It is a conventional PPP model in which the private partner is responsible to design, build, operate and transfer back the facility to the public sector.
2. Public sector will allow private sector partners to collect revenue from the users.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2