Question Solved1 Answer Subject: Engineering Economy 2. During its 20 years in business, Nije Construction Company has always developed its contracts under a fixed-fee or cost plus arrangement. Now it has been offered an opportunity to participate in a project to provide cross-country highway transportation in an international setting, specifically a country in Malaysia. If accepted, Nije Construction Company will work as subcontractor to a larger European Corporation (namely XYZ Corporation Ltd), and the BOT form of contracting will be used with the Malaysian country government. Describe and explain to the President of Nije Construction company at least FOUR of the significant differences (from different viewpoints of i.e. subcontractor, corporation and/or government) that may be expected when the BOT format is utilized in lieu of its more traditional forms of contract making.

GIQVWY The Asker · Economics
Subject: Engineering Economy

Transcribed Image Text: 2. During its 20 years in business, Nije Construction Company has always developed its contracts under a fixed-fee or cost plus arrangement. Now it has been offered an opportunity to participate in a project to provide cross-country highway transportation in an international setting, specifically a country in Malaysia. If accepted, Nije Construction Company will work as subcontractor to a larger European Corporation (namely XYZ Corporation Ltd), and the BOT form of contracting will be used with the Malaysian country government. Describe and explain to the President of Nije Construction company at least FOUR of the significant differences (from different viewpoints of i.e. subcontractor, corporation and/or government) that may be expected when the BOT format is utilized in lieu of its more traditional forms of contract making.
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Transcribed Image Text: 2. During its 20 years in business, Nije Construction Company has always developed its contracts under a fixed-fee or cost plus arrangement. Now it has been offered an opportunity to participate in a project to provide cross-country highway transportation in an international setting, specifically a country in Malaysia. If accepted, Nije Construction Company will work as subcontractor to a larger European Corporation (namely XYZ Corporation Ltd), and the BOT form of contracting will be used with the Malaysian country government. Describe and explain to the President of Nije Construction company at least FOUR of the significant differences (from different viewpoints of i.e. subcontractor, corporation and/or government) that may be expected when the BOT format is utilized in lieu of its more traditional forms of contract making.
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