A Metropolitan Washington Airports Authority Board proposal to raise rates at the Dulles Toll Road's mainline plaza by 75 cents and at ramps by 50 cents would increase revenue by an estimated 29%. The increases, proposed to go into effect in January, would be used to fund the Silver Line rail extension.
The government of Spain plans to begin eliminating tolls as road contracts expire, says Minister of Public Works Jose Luis Abalos. Tolls are scheduled to be eliminated on the AP-1 between Burgos and Arminon starting Nov. 30.
Excitement about new concepts that Elon Musk's Boring Co., Uber, Google and Virgin are bringing the world of urban transportation is understandable, but innovation must be balanced with responsibility, write StateOf founders Ellis Talton and Remington Tonar. Regulators in the public sector must insist that private entities demonstrate financial and social viability, they write.
The Transportation Authority of Marin in Marin County, Calif., is considering requesting a $2.1 million advance on toll revenue from the Metropolitan Transportation Commission to complete a rail station. The request would ask for funds proposed by Regional Measure 3, a recent successful ballot initiative.
Greater competition for engineering, procurement and construction contracts in India has driven down costs by as much as 25% over the past few years. The government's transition to a hybrid annuity model has increased competition for EPC projects.
Transportation officials have modified three proposed routes for the Interstate 69 Ohio River Crossing between Kentucky and Indiana, and they anticipate making a final decision in the fall. Tolling is being considering for the project, but no decision has been made.
America's infrastructure would be stronger if the country invested more consistently rather than spending based on political and economic fluctuations, writes David Siegel of Two Sigma Investments. The US should spend more than the 2.4% of gross domestic product currently being spent on infrastructure because "the rewards would be greater American innovation, opportunity and economic growth," Siegel writes.
This Summit in Portland, Ore., July 22-24, 2018, brings together individuals interested in transportation funding, finance, road usage charging and public policy to discuss the most effective ways to improve mobility in a constrained resource environment. Featured topics include tolling as part of tax policy, public perspectives on tolling, the long-term financial implications of connected and autonomous vehicles, managing change and tolling the interstates. See the agenda here.