7 states get $9.7 million for congestion relief
California, Florida, North Carolina, Minnesota, Texas, Virginia and Washington received grants for 10 projects under the FHWA’s Value Pricing Pilot Program (VPPP).
“Value pricing” refers to varying price levels by time of day or traffic volume in order to manage congestion. It can significantly improve traffic flow by encouraging people to choose to drive at different times of the day, thereby spreading out demand and reducing congestion at peak hours.
“These projects show that states are developing new ways of thinking about how to manage congestion,” U.S. Transportation Secretary Ray LaHood said in a press statement.
Federal Highway Administrator Victor Mendez says that the money from the program will “continue to support innovative solutions that will provide better results for the American people.
“Ultimately, people will be able to spend more time doing what they like and less time stuck in traffic,” Mendez said in a press statement.
Some of the grants include the following:
•$1.9 million for the Texas Department of Transportation to test a pay-as-you-drive (PAYD) insurance plan that allows drivers to buy insurance by the mile.
•$1.8 million for the California Department of Transportation and the City of Berkeley to implement a parking pricing plan that includes real-time information on available spaces.
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