UK HIGHWAY DBFO USES NEW FEE BASIS

The United Kingdom's latest highway design, build, finance, and operate contract has moved away from linking payments to traffic volumes and is using lane availability as the main yardstick. The project, to improve a heavily used urban route into London, England's dockland commercial area, also includes incentives for increasing public transportation and improving safety. For the A13 highway, the government's Highways Agency based most of the concession company's fees on availability of traffic lanes to discourage maintenance disruption. The rest of the payment will be linked to the flow of trucks and public transportation vehicles. And there are penalties and bonuses related to how the highway's accident record compares with average national figures for comparable routes.

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  • Corporate Authors:

    Public Works Financing

    147 Elmer Street
    Westfield, NJ  United States  07090-2433
  • Publication Date: 2000-5

Language

  • English

Media Info

  • Pagination: p. 12-13
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00795574
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 2 2000 12:00AM