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.
There are many current initiatives driving technological advancements in the tolling industry that will affect the future of toll technology infrastructure, such as Vehicle to Infrastructure (V2I). It’s imperative that transportation authorities design and implement infrastructure that will accommodate future advancements. If agencies don’t plan properly, they will be at risk of losing time and money, as well as not improving congestion within their communities.
Completed in 2016, the Veterans Memorial Bridge project in Martin County, Fla., earned the Transportation National Award of Excellence given by Design-Build Institute of America (DBIA). RS&H served as engineer with design-builder Archer Western. Now, the project continues to make headlines.
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.
The city of Houston’s Spring Branch community excitedly welcomed the groundbreaking of Gessner Road this January. The project will entail a long-awaited enhancement of the section of the road between Long Point and Neuens, which has now become dilapidated.