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Highways as Network Utilities

Highways as Network Utilities

(p.175) Chapter Eight Highways as Network Utilities
Rethinking America's Highways
Robert W. Poole Jr.
University of Chicago Press

After explaining traditional utilities and their regulation by utility commissions, this chapter suggests how highway utilities would be governed. Based on overseas experience, it proposes the long-term concession agreement as the means of regulatory oversight. It also sets forth value-added tolling provisions aimed at customer protection.

Keywords:   Public utilities, Rate regulation, Mileage-based user fees (MBUFs), Transportation user co-ops, Value-added tolling, Financial markets, Transparency

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