Lea+Elliott is well known and respected internationally for our success in project structuring and procurement of transit systems and rolling stock. In the 1970s, we pioneered and perfected the design-build-operate-maintain (DBOM) procurement process and developed the approach for performance-based specifications. Both have been successfully used on dozens of our projects and also have been adopted by the industry as a standard. Our procurement documents were approved for use by the FTA for the Honolulu Rapid Transit project in the early 1990s and have since become industry standards, applied to APM and rail transit projects worldwide. In keeping with our pioneering spirit, Lea+Elliott is actively leading the industry with project structuring innovations that include creative finance/funding opportunities that are coupled with project delivery strategies. These are carefully designed so they do not compromise the owner’s defined goals and objectives.These include public-private partnerships and strategic concessionaire options.