 | The examples and perspective in this article deal primarily with the United Kingdom and do not represent a worldwide view of the subject. (April 2017) |
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 finance initiative funding.[1] Payments are based, at least in part, on the number of vehicles using a section of road, often over a 20- to 30-year period. The shadow tolls or per vehicle fees are paid directly to the company without intervention or direct payment from the users.[2]
On more recent shadow toll schemes in the United Kingdom, payments reduce as the number of vehicles increases, to encourage availability of the road rather than the number of vehicles carried.[3]
- ^ "FHWA - Center for Innovative Finance Support - Study Reports - Selective Use of Shadow Tolls".
- ^ "Compelling case for UK road charging, IFS study says". BBC News. 14 May 2012. Retrieved 20 May 2012.
- ^ Cite error: The named reference
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