Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will toll revenues be spent?

revenues spent toll
0
Posted

How will toll revenues be spent?

0

Toll revenues will first be used to maintain and operate the HOT lanes, then to pay back the debt on the road. The private partners will also fund all the maintenance replacement needed to keep the road up to VDOT standards throughout the life of the agreement. If the private partners are successful in managing the project, additional revenue will go back to their investors. Revenue above agreed benchmarks will be shared with the Commonwealth to fund transportation programs and projects in the corridor.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123