Without waiting to see the results of the pilots, payment-by-results schemes are to be rolled out quickly across the country.
And my understanding -- here's the World Trade Center run by the Port Authority, pays the city a fee in lieu of taxes, pilots, payments in lieu of taxes of $30 million.
The freshmen senators also want to expand pilot payment projects intended to reward the quality of care patients receive, including the creation of so-called accountable-care organizations in which doctors and hospitals work in closer collaboration to achieve better results for patients.
With increased financial pressures on municipalities across the country, as well as on places of higher learning, town-versus-gown squabbles over Pilot payments — an acronym for payments in lieu of taxes — are increasingly common and often contentious.
Again, ground rents and Pilot payments would more than pay for the bulkhead and landfill with no expenditure of taxpayer money — and a monumental building on that new land could also produce a substantial profit for the city.
The cost of the landfill, as well as of the public park and recreational spaces that would be part of the new area, could be reimbursed from ground rents and Pilot payments collected from private developers.
The success of Battery Park City shows that this can be done without government money: building owners would pay ground rent and payments in lieu of taxes (known as Pilot payments) to an organization not unlike the Battery Park City Authority, which would then deduct operating costs and pay the "profits" to the city.
Facebook is piloting a payment system that lets users make purchases using just their log-in.
That'll happen through a PILOT, or Payment in Lieu of Taxes, where the state will siphon half of what Amazon would normally pay in property taxes specifically to an infrastructure fund.
The BCE wants its snacks cart to be the pilot for payments made via mobile phones and tablets.
Across India, Uber offers India-specific auto rickshaws and chauffeured hatchbacks rides, while it introduced new safety measures to India first and is currently piloting cash payments in Hyderabad.
