The Tennessee Department of Transportation (TDOT) is hosting an invitation-only industry forum for local contractors, consultants and P3 developers in Nashville on June 27.
During the forum, Governor Bill Lee, TDOT Commissioner Butch Eley and TDOT staff will address the recent passage of the state’s Transportation Modernization Act (TMA) and share information regarding department changes and updates around the expansion of alternative delivery methods and P3 opportunities with Choice Lanes.
Choice Lanes use pricing to proactively manage demand and provide travel-time reliability. Tennessee distinguishes Choice Lanes from toll roads by explaining that, “unlike toll roads, drivers have an option or choice to use the existing lanes where a user fee is not charged”.
According to TDOT’s website: “The Transportation Modernization Act will fundamentally change the way TDOT will deliver projects. It also establishes a sustainable revenue source for the future. This generational change in infrastructure policy was accomplished without raising taxes, issuing road debt, spending a disproportionate amount of funds in urban areas, reducing our maintenance budget or proposing toll roads.”
More information about the event and a form for requesting admission can be found here: https://www.eventbrite.com/e/alternative-delivery-and-choice-lanes-program-industry-forum-tickets-643211311347?utm-source=strongmail&utm-term=checkoutwidget&utm-campaign=social%2Cemail&utm-medium=discovery&utm-content=attendeeshare