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Discover the potential value pricing holds for Virginia's transportation system. Learn about ongoing initiatives, proposed projects, and future outlook. Contact Catherine McGhee for more information.
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Potential for Value Pricing in Virginia Catherine McGhee Senior Research Scientist Virginia Transportation Research Council
Value Pricing in Virginia • Over the past several years, there has been significant interest in value pricing within Virginia • VDOT has explored the concept at a high level in both Northern Virginia and Hampton Roads • VDOT views value pricing as an important option for travelers
Value Pricing Proposal • In January 2003, VDOT, in cooperation with VDRPT, submitted a proposal to FHWA for funding under the Value Pricing Pilot Program • Focus on Northern Virginia • Scope included evaluation/analysis and outreach only – no implementation • Goal: to develop a matrix of specific facilities/corridors and value pricing scenarios
Other Value Pricing Activities • I-495 PPTA involving HOT lanes • Proposal has been submitted to VDOT • Continue to monitor activities nationally and internationally for lessons learned and opportunities • Continue to monitor conditions in Virginia for conditions conducive to Value Pricing
Potential for Value Pricing in Virginia Catherine McGhee 434-293-1973 Cathy.McGhee@VirginiaDOT.org