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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: The APM service is to be free to Airport users. The LAX Airport Authority will make availability payments to the concessionaire to pay for the team's cost of design, construction, operations, and maintenance over the 4 year design/construction period and 25 year operations period. Total costs are US 1.95 billion.
Direct Cash Support: Availability payments.
From Private Capital Markets Directly to Producers as Debt: The LAX Integrated Express Solutions (LINXS) joint venture is financing the project, through a combination of equity from joint venture members and an (as yet undisclosed amount of) debt.
From Producers as Equity: The entire project is privately funded through equity (from the concession contractor) and debt. Availability payments from the Airport Authority over the 25 year operating period retire the debt and provide a return on equity.