DBFOMDesign, Build, Finance, Operate and Maintain (model; public infrastructure improvement)
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Public agencies across the US are using the P3 project delivery DBFOM model to build large infrastructure projects because it means they can benefit from the experience, efficiency and resources of private sector partners--who are able to accelerate project delivery with innovative ideas and by providing initial investment in exchange for annual payments for the contract duration.
Structural protections include cost indexation, reserve lifecycle look-forward and a five-year handback reserve as required under the DBFOM agreement.