3) BOT (BUILD, OPERATE AND TRANSFER) DEFINITIONBOT is basically a type of contract that involves two sectors: private and government. The government has asked the private sector to provide infrastructure for life, so that it can contribute to the development of the country. The non-governmental sector will also design, finance, construct and operate the facilities (building, school, road, etc.). After some time, the ownership will be transferred to the government. This is possible through the concession process in which the private sector will benefit from the operation of the building and, once the concession is completed, the property can be handed over to the government. In other words, BOT can also be defined as a type of developing technique through the participation of private initiative. The type of building usually constructed is intended to serve the public such as schools, hospitals, roads, bridges, water system, airports and other social facilities. BOT is also a type of private sector company in which they undertake development and operation standards....