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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: The Florida Department of Transportation is the Public Sponsor
Direct Cash Support: The Department has created a pay out schedule over four years with funds it has conjured from its work program initiative. The pay out table extends on through 2013, 3 years past when the project will be fully complete and operational.
From Private Capital Markets Directly to Producers as Debt: The DBF contractor provides financing for the difference between construction time and pay out time as indicated by the department’s payout schedule. A $5,000,000.00 bonus is offered if the Contractor completes the project by December 31, 2010. If the project is not complete on that date, the bonus amount is reduced $25,000.00 per day until the project is complete.