Diversified Municipal Finance Corporation

“Serving the leasing needs of government for over 45 years”

When developing a "turn-key" project, the client enters into a development agreement with the lessor representing the private sector team.  The lessor then agrees to deliver the project for a guaranteed price and by a guaranteed date. 

The lessor in turn contracts with architects, engineers, legal counsel, contractors and other team members. 

Various type of insurance and bonds are procured giving protection against casualty, delay, cost overruns and other construction risks.  Collateral contracts are executed to provide continuous monitoring of the progress of construction and the expenditure of funds.

Lease-purchase payments for political subdivisions can, under certain circumstances, be limited to annual appropriations by the client or to the revenue stream created by the project.

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