Tolling & Road Pricing
Cambridge Systematics offers services related to forecasting demand and revenue of tolled highways
and transit systems. Our staff prepares forecasts at all levels of detail, from exploratory feasibility studies
through “investment-grade” studies that are used to support bond financing. Cambridge Systematics’ resources
are unparalleled when it comes to constructing analytical models to assess the willingness of people to pay
for transportation services. We have an internationally acclaimed travel demand modeling staff, as well
as a full-service market research group. We supplement these superb technical skills with documentation
and presentation skills that are tailored to the specific needs and concerns of the financial community.
- Traffic and Revenue Forecasts for Toll Roads, Bridges, and Tunnels. Toll revenue financing has become a popular way to get projects built long before they could through tax-supported means. However, toll projects do not work everywhere or under all circumstances. Cambridge Systematics staff
understand the special risks that toll projects face. We provide a methodical analytic approach and carefully explain
these risks so that they can be understood by project sponsors, potential investors, and bond rating analysts.
- Special Use Lanes. Transportation agencies everywhere are trying to get the most effective use out of every mile of highway, and
special use lanes have some potential to offer such efficiencies. Cambridge Systematics staff have developed
innovative techniques to evaluate high-occupancy toll lanes, tolled express lanes, and tolled truck-only lanes
to help clients decide whether these special facilities make sense under their particular circumstances.
- Variable, Value, and Congestion Pricing. Pricing can be used to accomplish a variety of objectives, from optimizing traffic flow to optimizing revenue. The market research capabilities of Cambridge Systematics are well suited to analyzing travelers’ sensitivities
to different prices, payment methods, and service levels.
- Policy Implications of Pricing. Historically, pricing of transportation facilities was used solely for the purpose of raising revenue for construction
and operations. More recently, pricing is being considered as a traffic management tool, which raises complex
policy questions. Cambridge Systematics provides advice and analysis to those seeking to incorporate pricing
into their ongoing transportation planning process.
Why Cambridge Systematics
Tolling and pricing present enormous opportunities for transportation organizations to build infrastructure that they might not otherwise be able to afford, and to squeeze the most efficiency out of transportation investments. The opportunities come with challenges as well, that Cambridge Systematics is well suited to address. Cambridge Systematics does not design or build toll facilities, so our only concern is giving well reasoned, defensible forecasts and findings to our clients. We combine the latest state-of-the-art analytical techniques with the ability to communicate complicated concepts to decision makers. These skills are critical when introducing new and unfamiliar ideas like tolling and pricing.