New Interim Agreement on HOT Signed

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   On the 27 cents per mile, first of all, it is clear they are waffling on it, which means it will be a lot higher than that unless they can extort another couple hundred mill from VA.

	Second, even using the 27 cents, they almost certainly are talking about an average over all hours of the day, 365 days of the year. Keep in mind that these things NEVER shut down, even at 2 am.

	So, my guess is that for rush hour it will be much higher. If we assume something like 40 cents, well you can do the math. But they have already said that it can go north of $1 per mile on clogged segments.

	I will have to admit, they are in a tough PR spot for several reasons. They have their investors sitting there that want high revenue, but they dont want to scare the public and tell them what it will actually be.

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Bob Members Profile Find Members Posts New Slug Joined: 14 Dec 2001 Status: Offline Points: 0	Post Options Post Reply Quote Bob Report Post Thanks(0) Quote Reply Posted: 26 Oct 2006 at 2:27pm
	On the 27 cents per mile, first of all, it is clear they are waffling on it, which means it will be a lot higher than that unless they can extort another couple hundred mill from VA. Second, even using the 27 cents, they almost certainly are talking about an average over all hours of the day, 365 days of the year. Keep in mind that these things NEVER shut down, even at 2 am. So, my guess is that for rush hour it will be much higher. If we assume something like 40 cents, well you can do the math. But they have already said that it can go north of $1 per mile on clogged segments. I will have to admit, they are in a tough PR spot for several reasons. They have their investors sitting there that want high revenue, but they dont want to scare the public and tell them what it will actually be.

LDOMAJ Members Profile Find Members Posts New Slug Joined: 17 May 2004 Status: Offline Points: 0	Post Options Post Reply Quote LDOMAJ Report Post Thanks(0) Quote Reply Posted: 26 Oct 2006 at 10:41am
	That is still a piece of change coming all the way up (60 miles?)... about $16.20 based on my back of the envelope figures.

sluDgE Members Profile Find Members Posts Master Slug Joined: 27 Oct 2003 Status: Offline Points: 501	Post Options Post Reply Quote sluDgE Report Post Thanks(0) Quote Reply Posted: 26 Oct 2006 at 7:49am
	And from the article Bob posted there is an amount mentioned for the targeted average toll.[:(] It reads as follows: "Fluor/TU in their proposal said that preliminary estimates indicated average tolls of 27c/mile (17c/km) but today the state's finance chief Barbara Rees and Transurban's Michael Kulper both stressed that traffic levels will dictate tolls - because of the requirement to maintain free flow." [:(] If that's the average, what's the worst case? We've seen another article that says $35 one-way from Dumfrees. [:0]

Bob Members Profile Find Members Posts New Slug Joined: 14 Dec 2001 Status: Offline Points: 0	Post Options Post Reply Quote Bob Report Post Thanks(0) Quote Reply Posted: 25 Oct 2006 at 3:55pm
	Here is a good description of what transpired, although this site is a constant cheerleader for toll roads and always paints a rosy picture http://tollroadsnews.info/artman/publish/article_1567.shtml

Bob Members Profile Find Members Posts New Slug Joined: 14 Dec 2001 Status: Offline Points: 0	Post Options Post Reply Quote Bob Report Post Thanks(0) Quote Reply Posted: 25 Oct 2006 at 2:20pm
	VDOT has signed the "interim agreement" with Fluor/Transurban There is some text and several pdfs posted on the VDOT site. Mostly legalese but we need to read it. Please post if you find any damaging tidbits we can use. This stinks. http://virginiadot.org/projects/ppta-I-95_I-395HOTLanes.asp