Price Discovery for Strategic Compensation of Toll Road Operators to Relieve State Maintenance Impacts

Final Report (PDF)

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Project TitlePrice Discovery for Strategic Compensation of Toll Road Operators to Relieve State Maintenance Impacts
UniversityGeorge Mason University
University of Delaware
Principal Investigator(s)PI: Jonathan Gifford, Co-PI: Elise Miller-Hooks,
Co-PI: Sue McNeil,
Funding Source(s) and Amounts Provided (by each agency or organization)GMU Fed-- $133,334 GMU Match-- $133,334
UDEL Fed-- $66,668 UDEL Match-- $66,669
Total Project Cost$400,005
Start and End Dates01/20/2020 - 09/30/2022
Brief Description of Research ProjectDocument how state DOTs currently work with toll road
operators, including publicprivate partnership (P3)
concessionaires and public toll authorities, to mitigate the
impacts of major maintenance and other planned and
unplanned facility outages. 2. Examine whether and how
much states could further mitigate the adverse impacts of
scheduled major maintenance and unanticipated facility
closures by cooperating with the operators of nearby facilities
operated by toll road operators. 3. Examine how much states
could benefit by designing major maintenance programs that,
by using such mitigation measures, allow larger scale and
more efficient major maintenance strategies. 4. Estimate the
feasibility and cost of such cooperation to the state DOT and
the toll road operators and devise potential strategies to enable
such cooperation.