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Office of Comptroller

Office of Comptroller / Divisions / Project Finance

Project Finance

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Leon Corbett
Project Finance Manager

(850) 414-4421
Fax: (850) 414-4943

 

Misson:

 

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 five toll facilities owned and operated by the Department include Alligator Alley,
Sunshine Skyway, Beachline East Expressway, Pinellas Bayway and I-95 Express. 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. 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
Orlando-Orange County Expressway Authority, but that authority operates and maintains their system.

The Project Finance Office also provides support to:

 

   Miami Intermodal Center

   Sunrail