A shadow toll is a contractual payment made by a government per driver using a road to a private company that operates a road built or maintained using private private finance initiative funding. Payments are based, at least in part, on the number of vehicles using a section of road, often over a 20-30 year period. The shadow tolls or per vehicle fees are paid directly to the company without intervention or direct payment from the users.
On more recent UK schemes shadow toll payments reduce as the number of vehicles increase to encourage availability of the road rather than the number of vehicles carried.
Famous quotes containing the words shadow and/or toll:
“There is no shadow of protection to be had by sheltering behind the slender stockades of visionary speculation, or by hiding behind the wagon-wheels of pacific theories.”
—Madame Chiang Kai-Shek (b. 1898)
“The fact that the mental health establishment has equated separation with health, equated women’s morality with soft-heartedness, and placed mothers on the psychological hot seat has taken a toll on modern mothers.”
—Ron Taffel (20th century)