Will the Commonwealth have to pay Fluor-Transurban if carpooling increases on the Beltway?
To ensure HOV-3 will always be free and that there is no disincentive for carpool and transit use on the HOT lanes, the Commonwealth will make partial payments to the Concessionaire in the unlikely event that HOV use exceeds mutually agreed upon numbers. This provision is intended to ensure that unforeseeable changes in travel patterns don’t restrict HOT lanes ability to generate enough revenue to pay for the operations and maintenance of the lanes, as well as paying back construction debt. We believe, at this time, it is unlikely that HOV will increase at a rate significant enough to impact the project and trigger this arrangement.
