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PROCUREMENT METHOD USED IN NIGERIAN CONSTRUCTION INDUSTRY

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PROCUREMENT METHOD USED IN NIGERIAN CONSTRUCTION INDUSTRY
ABSTRACT
The tremendous growth experienced in Nigerian tertiary institutions in the last two decade without a corresponding increase in bed space had resulted in acute shortage of rooms in the hostel thereby overstretching the capacity of the existing structures they were originally meant for.
Hostel accommodation is one of the essential factors in every learning environment. In Nigeria most institution of higher learning are owned by the government as such accommodation cannot be adequately provided to cater for the highly populated institutions, inadequacy and insufficient hostel accommodation has led to overcrowding in rooms and some students living outside campus which in turn affect their learning. Built-Operate-Transfer (BOT) emerged as one of the tool in helping to address the situation which becomes a burden to government. BOT is a type of project delivery that involves different parties whom each contribute in order to see the success of the project. It is a private agreement to build and operate in a public infrastructure project. The consortia then secure their own finance to sponsor the project. The consortium then own, maintains and manage the facility for an agreed concessionary period and recover their investment through charges or toll free. After the concessionary period, the consortia transfer the ownership and operation of the project to the government or relevant authority. This study takes Federal College of education (Technical) Bichi as a case study. Government Ministries, such as Federal Ministry of Education who govern the affairs of the school were consulted. Questionnaire and verbal interview were employed in data collection. After the analysis it was found that construction of hostels under BOT is yielding a positive impact. The findings should serve as a good baseline for the government in solving the accommodation problem and overcrowding in the higher institution of learning in Nigeria. Therefore there is need for the government

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