Introduction
Introduction
This chapter describes methods for evaluation of projects involving private sector financing, and road tolling projects. Chapter 2 describes road tolling.
Private sector financing and tolling provide alternatives to government funded transport infrastructure. Reference 3 provides guidance on private sector participation in provision of public infrastructure.
In New Zealand, road tolling can currently only be used in conjunction with a new road and this will generally be within a network of otherwise ‘free’ roads. This has implications for:
- traffic distribution/assignment
- environmental impacts
- economic efficiency
- financial – toll level and fundability of the new road
- design of the new road and toll facility.
