Title: LESSONS LEARNED FROM THE VALUE PRICING PILOT PROGRAM
Abstract: Value pricing projects implemented in the U.S. during the past decade have demonstrated that pricing can be politically and publicly acceptable - so far, four priced lane projects and five variably priced toll facility projects are operating without any significant public or political controversy. On operating projects, pricing keeps congestion from occurring on priced lanes, reduces congestion on toll facilities, changes travel behavior, and improves utilization of existing highway capacity. Revenues from tolls have been used to provide funding for transportation improvements. Yet, issues remain with regard to public attitudes toward projects involving tolls; equity concerns; and political acceptance. Technical issues include high construction costs that limit self-financing capability; access to and egress from priced lanes within freeways; and difficulties with regard to enforcement of toll exemption restrictions for high-occupancy vehicles (HOVs) on priced lanes.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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Cited By Count: 3
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