The Build,operate,transfer Option for Projects Requires the Project Contractor to Take

question 10

True/False

The build,operate,transfer option for projects requires the project contractor to take initial ownership of the project in order to make sure it works,thus mitigating risk in the short run.

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Definitions:

Snowmelt

The runoff produced by melting snow.

Hundred-year Flood

is a term used to describe a flood event that has a 1% chance of occurring in any given year, used as a standard metric in flood risk assessment.

Probability

The statistical description of the likelihood that an event will occur.

Floodplain

A flat area of land adjacent to a river or stream that experiences occasional or regular flooding.