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How will the concessionaire recoup its investment?

April 26, 2017concessionaire Investment recoup

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How will the concessionaire recoup its investment?

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FDOT will make what are known as availability payments to the concessionaire for providing vehicle access through the Port of Miami Tunnel. These payments will begin once the tunnel opens for use and will continue at regular intervals throughout the duration (30 to 50 years) of the Concession Agreement. If the concessionaire underperforms it will not receive a full availability payment.