Port communicationB——BUILD,T——TRANSFER，Refers to "build-transfer"，This model is widely used in infrastructure projects，The government or government-authorized unit acts as a business recruiter，Entrust investors to invest in construction，After construction is completed and accepted, it will be handed over directly to the contractor.，The merchant shall pay the construction investment price and a certain proportion of investment income to the investor within the agreed year.。
The role of BT project：1、BT method helps infrastructure construction alleviate financial difficulties；2、The BT approach helps implement proactive fiscal policies；3、BT method helps prevent financial risks；4、BT method helps improve project operation efficiency and quality。Three major components：招商人：政府或项目主办者以政府文件形式授权某企业作为BT项目的招商业主。
investor：根据政府特许协议，Investors who introduce foreign funds or private funds to carry out infrastructure construction exclusive to the government。建设承包人：是指被发包人接受的具有工程施工承包主体资格的当事人以及取得该当事人资格的合法继承人。
Three major components：Recruiting merchants requires government document authorization；The government should make a clear commitment to include the BT buyback price in the fiscal budget，and reported to the National People's Congress for approval；Guarantee letter for financial repurchase from a bank or other financial institution recognized by the investor。General overview of BT project plan 1、After obtaining government authorization, the business operator signs the "BT Contract" with the investor.，The government issues a letter of commitment，Commitment to include buyback funds in fiscal budget，and submitted to the National People's Congress for deliberation and approval。
A bank or other financial institution recognized by the investor issues a letter of guarantee for the merchant's repurchase。2、Recruiting merchants complete project approval、Work permit waiting for administrative approval procedures，and hand it over to investors and project companies on time and in accordance with the contract.。3、Investors set up project companies，Project completion project contracting bidding and agency construction bidding。4、After the project construction is completed and accepted，The project is handed over directly to the contractor，The merchant pays the repurchase price to the project company as agreed。
Comparison of Financing Operation Methods BT Mode Ordinary Mode 1，BT financing method：Financing service targets a wide range of，Loose financing environment，Commercial bank loan method with relatively high financing success rate：Bank lending conditions
Require
strict，The success rate of large capital loans is not high。Loans from international financial organizations or foreign governments：Loan targets are strict，Approval at all levels，Loan success rate is extremely low。two：BT financing method：Financing procedures are simple and fast，Financing funds can be received quickly。
Commercial bank loan methods：Loan procedures are complicated，Long processing period。Loans from international financial organizations or foreign governments：Loan application procedures are complicated，Long processing time，three：BT financing method：Financing funds are received in batches，amortization，low interest。Flexible repayment methods，in project、Later revolving financing，Commercial bank loan methods to reduce repayment pressure：Strict repayment deadlines，Funds are available at one time，cannot be repaid in installments，High interest。Non-revolving financing。
Loans from international financial organizations or foreign governments：Funds are received in batches，Vulnerable to international political influence，Although interest rates are low，However, revolving financing is not allowed。Four，BT mode policy clearly supports，Operate legally and compliantly，procedural transparency、public。(The project sponsor needs to obtain the authorization approval document from the local government approval department，Clarify that the project will adopt the BT mode of operation and bidding methods。) operated by the winning bidder，The construction party has no procedural involvement with the project unit。
Direct project bidding，The construction party shall be determined jointly by both parties。(Not conducive to risk isolation of project units)。five，BT operating mode，The specific use of funds is not directly related to the project unit.，Risk isolation is achieved。The use of project funds is determined jointly by both parties。(Not conducive to risk isolation of project units)。six，Operated by the winning bidder，Unified management。
cost
Included in BT contract，Reduce a lot of unnecessary expenses。
It also helps the project unit to concentrate on the work of its own unit.。The project is jointly managed by both parties。The project unit increased personnel expenses，Dispersing the human and material resources of the project unit。seven，BT model (one-time bidding)，缩短了项目建设周期。Put the project into use as soon as possible，Reduces many intermediate links，It also relatively reduces the cost of the project，Reduces the repayment pressure of the project。Project bidding in batches。
延长了项目建设周期，Increased uncertainties in various aspects，Unable to ensure delivery and use within the stipulated period。eight，BT mode is more conducive to overall control of funds，Reduce construction costs。(Determine the pricing rules first) Bidding based on bill of quantities。Nine，Standardized management，Realize resource sharing，Project quality and construction period are more guaranteed。The winning bidder company appoints professionals to strictly control the quality and progress of the project，And the project unit entrusts the supervision company to be responsible for supervision。
Both parties are jointly responsible for project quality and project progress.。ten，The BT model is conducive to resolving differences within the project。(Reasonable suggestions from the project unit，The winning bidder will adopt，The position of the project unit is more clear) Disputes will be resolved through negotiation by the project team。
BT project operation process: The competent government department authorizes the project sponsor to obtain relevant authorization approval documents from the local government's competent approval departments (such as local development and reform commissions, etc.)，Clarify that the project operates in the BT mode and its BT bidding method (such as invitation to bid)，Make project operations legal and compliant。
启动BT招标工作成立BT工作小组项目单位和意向合作方连同专业咨询机构一起成立BT工作小组，Introduce bidding agents and start bidding work，According to the relevant bidding
Require
，Drafting BT tender documents，Report to the competent authorities (such as local construction committee, etc.) for approval and filing，and make preparations for tendering。Clarify the BT pricing method through BT bidding，First, clarify the pricing method of construction and installation project fees and their downward floating rates.。
BT bidding work completed and BT contract signed，Construction begins on site。If you have any questions or suggestions,Welcome to call us at any time。Consultation hotline：fax：This article is published by Shenzhen Hong Kong Xintong。
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