Ferrovial - Informe anual 2008 / Group description / Toll roads and car parks / United States

The SH-130 tollway is an alternative to the congested I-35 between San Antonio and Austin.
Segments 5 (18.7 km) and 6 (45.3 km) run from southeast Austin (at the intersection with the SH45) to the city of Seguin at the intersection with the IH10, which connects Houston and San Antonio.
Segments 1 through 4 are run by the TxDOT. The first three segments entered into operation at the close of 2007 and the fourth segment was opened in late April 2008.
Toll collection is 100% free flow with no barriers.
Tolls are updated annually in accordance with the Nominal Gross State Product for the State of Texas (NGSP).
Revenue sharing with the Government if certain traffic thresholds are exceeded.
Compensation for competing infrastructure along a 10 mile corridor.
Compensation in the event of an increase in the speed limit on the I35.
Financial close in March 2008.

Provides an alternative to a highly congested corridor connecting Chicago with a major residential and leisure area.
Toll structure that allows for rate increases above inflation, from the current 3 USD for light vehicles up to 5 USD in 2017, with subsequent annual increases equal to the highest of the following: 2%, inflation for the period or nominal per capita GDP.

Two different sections:
- Western Section, 37 Km long with flat toll system which connects with the Chicago Skyway. It provides an alternative to a highly congested corridor.
- Eastern section, 216 Km of ticket system toll road out to the Ohio state line. It is part of the main route connecting Chicago and the Mid- West with New York and carries a lot of freight traffic.
Very attractive toll plan with increases above inflation:
- Gradual increase for heavy vehicles until 2010.
- In 2010, an increase equaling the higher of 2%, inflation or nominal per capita GDP over the previous four years.
- From 2011; annual review based on a maximum of 2%, CPI or nominal per capita GDP.

Ferrovial - Annual Report 2008