North Carolina

Jim Eden chief operating officer at the North Carolina Turnpike says after two weeks of vendor demonstrations of their license plate reading cameras that he's impressed by the diversity of different systems on offer. May 5 to 15 North Carolina Turnpike Authority hosted eight license plate reading vendors demonstrating their abilities in an open road setting.
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Nine companies are demonstrating their camera systems in North Carolina over ten days starting this week. The companies are:  read more »

In addition to the cashless tolling decision (previous report), North Carolina Turnpike's (NCTA) board this week made two other major decisions:

- to proceed now to procure a design-build civil contract for the 29km (18 mile) six lane approx $850m Triangle Expressway tollroad west of Raleigh

- to begin a toll concession procurement (P3) for the Mid Currituck Sound Bridge
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North Carolina Turnpike Authority's board of directors has approved a staff recommendation that they do all electronic tolling (AET). This enables them to save $60m in capital costs on their first project, the $850m Triangle Expressway in Raleigh due to begin construction next year. The staff report also said there are safety advantages in not having some motorists peel off to stop and pay cash, then have to accelerate and merge back into the highway speed traffic.
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Toll booth manufacturers: the trend looks grim. Another toll agency looks like going cashless. North Carolina Turnpike Authority is rethinking conceptual designs providing the modern US standard toll format of open road electronic tolling down the middle and cash toll booths at the sides (mainline plazas) with separate coin machine and cash lanes at the ramp toll points. But they are now wondering whether they should collect cash at all - and go all electronic.
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North Carolina Turnpike Authority (NCTA) has issued a Request for Expressions of Interest in subordinated loans to fill a gap in financing of the Triangle Expressway project. Earlier the Turnpike said it needed support from the state to cover the difference between the debt service costs of prudent financing and the prospective revenue.
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The North Carolina Turnpike Authority's (NCTA) big plans for toll projects are stalled by the failure of the lower house to provide revenue to cover what the Turnpike calls "gap financing" - the difference between the estimated cost and the bonds the Turnpike estimates it can float. 445 words  read more »