Week 8

Question 1

Shadow toll

Answer 1

amount paid by the authority based on the num­ber and type of vehi­cles using the road (adjust­ments made for lane clo­sure and safety per­for­mance).

Question 2

Ramp up reserve account (RURA)

Answer 2

a cash account (usually pre-funded at closing) that is used to cover operating costs during the ramp up period when revenue can’t. The ramp up reserve account is usually released after a few years when traffic and revenue have stablised.