Abstract
The Build-Operate-Transfer (BOT) project development scheme allows realization of public works through private financing. This context is full of risks due to the great number of stakeholders from different disciplines involved. The contribution of this paper is the provision of a comprehensive list of the legal risks, associated with the BOT projects in their lifecycle. The framework of legal risks is discussed, the justification for each risk is presented and the content of each individual risk is elaborated. Furthermore, a risk classification approach is presented, based on the time of occurrence and risk generation source. This list is a useful tool for practitioners because it substantially facilitates the risk analysis process in a BOT project and can be used as a shared platform of BOT legal issues.
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