Quantify the Valuation of Right-of-Way
TxDOT manages over one (1) million acres of right-of-way, which is used by a variety of third parties to install facilities such as utilities, saltwater pipelines, and small cell nodes. Third parties include common carriers, who install facilities for public use, and private parties, who install facilities for private use. Common carriers access the right-of-way via permit, for which TxDOT does not have the authority to charge a fee. Private parties lease the right-of-way, and the associated fees are intended to cover administrative costs and the value of the right-of-way. This research will develop a valuation framework to assess the value of the right-of-way for leases of various longitudinal distances and durations. The research will also assess whether common carriers are violating their permits by installing additional facilities and leasing them to private parties. The research will document instances where violations occur and identify companies that are common carriers and lease facilities that were installed by permit.
Language
- English
Project
- Status: Completed
- Funding: $321353
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Contract Numbers:
0-7053
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Sponsor Organizations:
Texas Department of Transportation
125 E. 11th Street
Austin, TX United States 78701-2483Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Managing Organizations:
Texas Department of Transportation
125 E. 11th Street
Austin, TX United States 78701-2483 -
Project Managers:
Adediwura, Jade
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Performing Organizations:
Texas Transportation Institute
Texas A&M University System
3135 TAMU
College Station, TX United States 77843-3135 -
Principal Investigators:
Holik, William
- Start Date: 20191101
- Expected Completion Date: 20220731
- Actual Completion Date: 20220731
Subject/Index Terms
- TRT Terms: Fees; Leasing; Permits; Right of way (Land); Valuation
- Geographic Terms: Texas
- Subject Areas: Finance; Highways;
Filing Info
- Accession Number: 01744106
- Record Type: Research project
- Source Agency: Texas Department of Transportation
- Contract Numbers: 0-7053
- Files: RIP, STATEDOT
- Created Date: Jun 25 2020 5:24PM