Future of the Highway Trust Fund Texas express toll lanes P3 success New findings on truck user fees Autonomous trucks progress in California Getting serious about highway safety News Notes Quotable Quote Concession Fees for Express Toll Lane Projects Last month, the Tennessee Department of Transportation selected as its public-private partnership developer for its I-24 express toll lanes, a joint venture of Cintra and Transurban under a 50-year concession.
If express toll lane customers are shielded from paying excessive toll rates for projects that include large concession fees, the cost of those fees will be borne by the public-private partnership (P3) investors.
That does not strike me as ensuring a bright future for P3 express toll lanes.
These projects were developed at a time when Texas’ governor and legislature strongly supported public-private partnerships and express toll lanes.
Electronic Tolling on Tampa Bridge Express Lanes The expanded Howard Frankland Bridge in the Tampa, Florida, area includes new express toll lanes.