Proposed DC toll lanes would have ‘no price caps’

| 4/19/2007

A pair of private companies that want to convert the HOV lanes on several Washington, DC-area interstates into toll lanes – and add one new toll lane – would give new meaning to the term “congestion pricing.”

While buses and vehicles with three or more passengers could use the lanes for free, other motorists would pay tolls that would fluctuate based on traffic volume.

According to The Washington Post the Australian and American investors have submitted plans that call for “no price caps on the level of tolls.”

For four-wheelers, a round trip on one 21-mile stretch of interstate could cost as much as $41.46, according to transportation planners, if the trip were made during peak congestion.