Suggested Guidelines for Reviewing Private Toll Road Revenue Forecasts in Texas
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1998-09-01
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Edition:September 1996 - December 1996
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Abstract:This is the fifth in a series of six research reports focusing on the process of preparing and evaluating feasibility studies for private toll road projects in Texas. State legislation requires that the sponsors of a proposed toll road project submit a feasibility study to the Texas Department of Transportation (TxDOT). The financial viability of a proposed project, as documented in the feasibility study, must be considered by the Texas Transportation Commission as part of the approval process. The overall objective of this research project is to develop improved procedures for TxDOT's use in determining whether a proposed private toll road project will be financially viable. This report describes the suggested guidelines for reviewing private toll road revenue forecasts.
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