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Posts Tagged ‘Innovative DOT’

The Innovative DOT: Pricing Strategies

Friday, January 30th, 2015
The Innovative DOT: Focus Area 3

SMART GROWTH AMERICA
Appropriate pricing strategies can raise revenues and manage demand, keeping costs down. On the other hand, when transportation system users do not see appropriate price signals, demand is artificially high, increasing congestion and pressure for new capacity. State departments of transportation generally cannot impose price signals on their own, but they can work with a variety of stakeholders and decision-makers, from legislators to insurance companies, to accomplish these goals.

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The Innovative DOT: Revenue Allocation and Project Selection

Tuesday, January 20th, 2015
Innovative DOT: Area 2 - Revenue Allocation and Project Selection

SMART GROWTH AMERICA
Scarce transportation dollars need to be spent where they do the most good. But making changes to long-standing practices, some of which are ensconced in law, can be difficult and present a hurdle to state departments of transportation (DOTs) looking to get the best bang for their buck. Pressing forward with revenue allocation and project selection reform represents a major way in which DOTs can deliver projects with greater impact more quickly. Many agencies are now reforming project selection and formula funding processes for sub-state units of government, often tying proposed spending to state, departmental, and/or local goals and objectives.

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