Project Finance
Mission: The Project Finance Office provides strategic financial solutions, analysis and reporting that ensures the advancement of transportation projects and consistency and accountability for the Department.
Vision: Serving our internal and external customers with innovative, timely financial solutions.
Values: We are customer-driven. We uphold integrity and seek innovation to the benefit of the people of Florida.
The Project Finance Office provides support, coordination and oversight in the following areas:
Public-Private Partnerships (P3) projects procured under s.334.30, F.S. include:
- Build-Finance
- Design-Build-Finance
- Design-Build-Finance-Operate-Maintain
State Infrastructure Bank (SIB) The SIB is a revolving loan and credit enhancement program that can provide
loans and other assistance to public and private entities. The SIB can also leverage funds through loans and credit
enhancements to improve project feasibility. Loans from the SIB may bear interest at or below market interest rates.
Toll Finance and Toll Facilities The toll facilities owned and operated by the Department include Alligator Alley, Sunshine Skyway, Pinellas Bayway System and 95 Express. 595 Express is owned by the department but operated under a concession agreement. The facilities operated by the Department under Lease Purchase Agreements (LPAs) and owned by the respective Authorities include Garcon Point Bridge and Mid-Bay Bridge and Connector. Florida's Turnpike Enterprise provides toll operations for each of the Department-owned and operated facilities, and the respective district offices provide maintenance. The Department also has an LPA with the Central Florida Expressway Authority, but that authority operates and maintains their system.
The Project Finance Office also provides support to: