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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: The Florida Department of Transportation (DOT) will pay the concessionaire. The concessionaire will act as "landlord" and will be compensated by Florida DOT, who is "renting" the lanes and paying the concessionaire according to availability.
Direct Cash Support: FDOT will pay the contractor $65.9 million each year over the 35 year concession as an "availability" payment. FDOT will also make a payment of $685 million (divided into five payments) upon final acceptance of the initial design and construction of the project.
From Other Public Entities: FDOT received a $655 million federal TIFIA (Transportation infratructure Finance and innovation Act) loan in support of the project.
From Private Capital Markets Directly to Producers as Debt: A consortium of 10 banks are lending $780 million to the concessionaire in support of initial design and construction of the project.