Learn how BOO and BOOT arrangments can get major water infrastructure projects done
Seven Seas Water Group specializes in build-own-operate (BOO) and build-own-operate-transfer (BOOT) agreements, which are effective financing models that get major infrastructure projects finished and commissioned.
What exactly are BOO and BOOT agreements?
They are long-term agreements under which a private provider company finances, builds, owns, and operates water infrastructure for a client, with contract terms that often span decades. At the end of a BOO contract term, the companies can negotiate a new contract, allow the contract to evergreen, or part ways. With a BOOT contract, the infrastructure is transferred to the client at the end of the contract.
Build
Seven Seas Water Group does all planning and permitting work, and uses proven technologies to design and build new treatment plants or refurbish existing ones.
Own
Seven Seas Water Group finances and owns the equipment, building the most efficient and reliable infrastructure possible to ensure optimal life-cycle cost of service.
Operate
Seven Seas Water Group handles all operations and maintenance, and our team of professionals is responsible for hiring and managing workers, and taking care of all regulatory issues.
(Transfer)
At the end of a BOOT contract, the infrastructure is turned over to the client in fully functioning condition, complete with necessary spare equipment for ongoing maintenance.
