Journal of Scientific Research and Technology
https://jsrtjournal.com/index.php/JSRT
Journal Of Scientific Research And Technology (JSRT) is a peer reviewed, open access, multidisciplinary journal and proudly recognised under MSME Government of India.Innovative Publishers And Plagiarism Servicesen-USJournal of Scientific Research and Technology2583-8660Risk Assessment and Management in Build Operate Transfer (BOT) Infrastructure Projects
https://jsrtjournal.com/index.php/JSRT/article/view/569
<p>Build Operate Transfer infrastructure contracts expose public authorities, concessionaires and lenders to interacting construction, revenue and financing uncertainties. This article develops a simulation-based framework for screening risks, assessing financial consequences and comparing mitigation measures in an illustrative toll-road concession. No field survey or operating-project dataset is used. Eight risk categories are screened using assumed occurrence probabilities and conditional impacts. A reproducible Monte Carlo model generates 10,000 paired scenarios for capital expenditure, demand, operating cost, borrowing rates and commissioning delay. The baseline probability of stabilized debt-service coverage falling below unity is 42.2%, compared with 24.3% under an assumed mitigation package. Median project net present value changes from INR -308.6 crore to INR -233.8 crore after including an incremental mitigation cost. Demand and capital expenditure emerge as influential drivers of debt-service coverage within the specified model. The findings demonstrate a transparent assessment method rather than observed project performance. Contract-specific calibration, cash-flow scheduling and independent validation are required before applying the framework to investment or concession decisions.</p>Dr. Prathmesh Vilas PatilMr. Rohan Dnyandev MoreMr. Milind N. Telavane
Copyright (c) 2026 Journal of Scientific Research and Technology
2026-10-092026-10-091810.5281/zenodo.23269056