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Emerging Transportation Technologies Can Provide a Sustainable Future

As we continue to see the many new advances that are being made in the area of transportation technology, we cannot help but wonder what the transportation and tolling industry will look like in 10 to 15 years.

Will the current business models for tolling agencies be the same? Will the need for more flexibility be the norm? No matter what, we can all agree that things as we know it will change.

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P3 Case Study: Florida’s I-595

As it is for most drivers on the road, for most transportation projects, time is of the essence.

Last month, we discussed how some states have been successful using Public-Private Partnerships (P3) as a tool to deliver transportation projects. South Florida’s Interstate 595 P3 project is one such project, finishing years ahead of schedule and achieving superior results for the Florida Department of Transportation (FDOT) because of this alternative solution.

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How Can Toll Agencies Make the Most of the Last 5 Percent?

Toll agencies often find themselves in a financial conundrum. This usually happens when you measure the costs associated with collecting tolls from customers who refuse to pay initially against the toll revenue and fees ultimately collected. If agencies don’t follow certain measures to control their spending, they may end up losing money versus gaining revenue.

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Screening to Pick the Right Project Delivery Method

Industry leaders and public agencies developing alternative project delivery projects or public-private partnerships (P3s) will tell you that not all projects should be advanced as a P3 project. I consider this important and sage advice to those with established alternative delivery programs and new public owners looking to enter into P3 development.

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How to evaluate P3 models for tolls projects

The financing of transportation projects using toll revenues has long been the province of toll agencies. With the increasing use and recognized benefits of tolled managed lanes, state departments of transportation (DOTs) and other agencies are more engaged in adopting innovative project approaches that apply the tolling principle and the ability to leverage toll revenues to advance much needed capacity improvement projects.

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