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I-595 Corridor Improvements > History

What is a concessionaire?
A concessionaire is typically a private sector firm (or firms) formed by one or more equity investors to design, finance, build, maintain and operate a facility under a contractual agreement with a public entity. The concessionaire team will also include key subcontractors, including the project designer, builder and operator, who may or may not be equity investors in the concessionaire.

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