Shadow Toll

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.

Read more about Shadow Toll:  History, Criticism

Famous quotes containing the words shadow and/or toll:

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