forecast

The Massachusetts Turnpike Authority says that consultants at URS made a $6m "error" in forecasting the revenue yield of toll increases approved recently. They had said the 25c Turnpike Extension toll increases and 50c tunnel toll rises would increase revenues $24m or 16%.

URS have been asked to redo their forecasts and the Turnpike has also hired an independent reviewer, Turnpike chief executive Mary Jean O'Meara says.

Traffic on the new TX183A tollroad northwest of Austin is looking strong, Through April when there was no toll traffic was the measured as the equivalent of 100k transactions per day.