Daily Point 2255 - DBFOM

 

The Banking Tutor 

Daily Point 2255

DBFOM

(Design Build Finance Operate Maintain) 

DBFOM is a project delivery method that allows a private sector contractor to design, build and finance a project and then to handle operations and facilities maintenance under a long-term agreement.

Operations refer to actions taken to achieve business objectives. Maintenance refers to actions taken to keep the asset in running order. Maintenance can be considered a subset of operations, since it ensures that assets retain a good appearance and operate at optimum efficiency.

Sekhar Pariti

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