operations, management and capital improvement

Italian translation: interventi, gestione ed incremento del capitale

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19:37 May 18, 2018
English to Italian translations [PRO]
Bus/Financial - Finance (general) / NY/NJ state news
English term or phrase: operations, management and capital improvement
The Port Authority committed approximately $363 million of the $1.5 billion total cost, including prior planning, permitting, property acquisition, as well as design and engineering work. The agency will make another $150 million in payments to the developer upon completion of key milestones, including substantial bridge completion and the demolition of the old structure. Additional periodic payments will be made to the developer to cover capital and maintenance costs over the next 35 years, subject to deductions if the private partner NYNJ Link fails to meet certain performance criteria. The Port Authority will continue to operate the new bridge and retains control of the setting and collection of tolls.



The bridge project employed 100 percent union labor for **operations, management and capital improvement**. It created approximately 2,250 direct jobs, paying a total of $224 million in wages and generating $872 million in total economic activity for the region.



The bridge project dates back more than 16 years, with the preliminary concept work and environmental reviews beginning in 2002. The Port Authority Board of
Diego Sibilia
Italy
Local time: 00:27
Italian translation:interventi, gestione ed incremento del capitale
Explanation:
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Selected response from:

Rita Sellitti
Italy
Local time: 00:27
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4interventi, gestione ed incremento del capitale
Rita Sellitti


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
interventi, gestione ed incremento del capitale


Explanation:
.

Rita Sellitti
Italy
Local time: 00:27
Works in field
Native speaker of: Native in ItalianItalian
PRO pts in category: 48

Peer comments on this answer (and responses from the answerer)
agree  Francesco Badolato
30 mins
  -> Grazie Francesco, buon fine settimana! :-)

agree  Alessandra Rizzo
43 mins
  -> Grazie Alessandra e buon fine settimana! :-)

agree  writeaway: http://www.nj.gov/governor/news/news/562018/approved/2018051...
3 hrs
  -> Grazie writeaway, anche per il link! Buon weekend:-)

agree  Daniele Martellini
2 days 18 hrs
  -> Grazie ancora, Daniele! Buon lavoro :-)
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