Funding for the $1.8 billion project will be competitively bid as a Public Private Partnership (PPP) opportunity for private sector businesses. By using a PPP and innovative contracting solutions, the project will be built years earlier than with traditional contracting methods. The awarded contractor(s) will serve as the concessionaire to design, build, finance, operate and maintain the beltway. The Florida Department of Transportation (FDOT) is currently engaging private contractors in a competitive bidding process. The I-595 Corridor Express PPP with I-595 Express LLC was the first of its kind in Florida, opening years ahead of schedule. The beltway is the largest infrastructure project in Florida History.