02-25-2016
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02-25-2016
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2/25/2016 8:39:12 AM
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HOW DO WE PAY FOR IT? <br />Milestone Payments <br />–Payments to the P3 Developer for achievement of <br />agreed upon construction or progress milestones in <br />the P3 Agreement <br />Availability Payments <br />–Periodic performance payments to the P3 Developer <br />for the term for the P3 Agreement, for the design, <br />construction, financing, operation, and maintenance <br />of the Project in accordance with the agreed technical <br />requirements <br />Term = Generally 30-50 years <br />10
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