The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BUILD, LEASE, TRANSFER (BLT) Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

A public-private partnership (PPP) project model in which a private organization designs, finances and builds a facility on leased public land. The private organization operates the facility for the duration of the lease and then transfers ownership to the public organization.

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