摘要: |
Private investors in toll roads sometimes request restrictive covenants such as non-compete clauses, which could prevent the public sector from adding capacity in the region for the life of the toll agreement. This research project examined 20 case studies of toll agreements in the United States and internationally, and developed a set of best practices, which provide alternatives to non-compete clauses. In addition to this research report, three research products were generated. The first product, 5020-P1, is a detailed set of guidelines on best practices in toll agreements. The second product, 5020-P2, is a brochure summarizing alternatives to non-compete clauses. The third product, 5020-P3, is a PowerPoint presentation and accompanying speaker notes outlining the results of this research. These products provide TxDOT with an effective set of strategies relating to competition between tolled and non-tolled roads, for possible incorporation into future toll project agreements. |