Common use of REGIONAL TOLL FEASIBILITY STUDIES Clause in Contracts

REGIONAL TOLL FEASIBILITY STUDIES. The ENGINEER shall provide expertise to perform the following tasks upon the STATE’s request. • Conduct Xxxxx 0, SKETCH Feasibility Analysis - For projects that advance beyond the Conceptual level. The objective of the Sketch Analysis will be to determine if a candidate toll road has potential for supporting bonds or contributing to maintenance dollars. In conducting this analysis the ENGINEER shall develop conceptual traffic & revenue (T&R) estimate to obtain a sense of the project’s feasibility. The scope of the study will help to evaluate whether revenue generated by the project will:  pay for estimated operations over the life of the 40 year analysis period;  pay for estimated operations and maintenance costs; DocuSign Envelope ID: F09708A9-72F3-4154-AEDE-751E59B5E1DF  exhibit bonding capacity potential. Contract No. 36-6RFP5448 PSoft Contract 6318 • Managed Lane (Express Toll Lanes) and traditional toll road evaluations are considered in this scope. Managed Lane (Express Toll Lane) projects required more time given the need to establish time-of-day pricing strategies. • Historical traffic counts, socioeconomic information, former studies and general background information shall be collected, by the ENGINEER. • Corridor Growth Evaluation -The growth potential of the project corridor, and land use assumptions, are critical parameters in estimating traffic potential for a project into the future years. The ENGINEER shall evaluate the potential growth of the corridor. • Toll Revenue Estimation - Using a spreadsheet diversion model, the ENGINEER shall estimate potential traffic for the proposed project. The diversion model takes into consideration travel-time savings, toll rate and value of time. For Managed Lane projects the ENGINEER shall establish an optimum toll rate to manage demand and optimize revenue. Toll revenue for a 40-year period shall be developed. • Deliverables provided by the Engineer:  Native original electronic files  Final PDF documents  Letter report(s) included in the study documentation detailing the assumptions and including toll revenue tables.

REGIONAL TOLL FEASIBILITY STUDIES. The ENGINEER shall provide expertise to perform the following tasks upon the STATE’s request. •  Conduct Xxxxx 0Level 1, SKETCH “SKETCH” Feasibility Analysis - For projects that advance beyond the Conceptual level. The objective of the Sketch Analysis will be to determine if a candidate toll road has potential for supporting bonds or contributing to maintenance dollars. In conducting this analysis the ENGINEER shall develop conceptual traffic & revenue (T&R) estimate to obtain a sense of the project’s feasibility. The scope of the study will help to evaluate whether revenue generated by the project will:  pay for estimated operations over the life of the 40 year analysis period;  pay for estimated operations and maintenance costs; DocuSign Envelope ID: F09708A9-72F3-4154-AEDE-751E59B5E1DF  exhibit bonding capacity potential. Contract No. 36-6RFP5448 PSoft Contract 6318 •  Managed Lane (Express Toll Lanes) and traditional toll road evaluations are considered in this scope. Managed Lane (Express Toll Lane) projects required more time given the need to establish time-of-day pricing strategies. •  Historical traffic counts, socioeconomic information, former studies and general background information shall be collected, by the ENGINEER. •  Corridor Growth Evaluation -The growth potential of the project corridor, and land use assumptions, are critical parameters in estimating traffic potential for a project into the future years. The ENGINEER shall evaluate the potential growth of the corridor. • Toll Revenue Estimation - Using a spreadsheet diversion model, the ENGINEER DocuSign Envelope ID: 512896B8-C76F-47E4-9899-C3CA16490345 shall estimate potential traffic for the proposed project. The diversion model takes into consideration travel-time savings, toll rate and value of time. For Managed Lane projects the ENGINEER shall establish an optimum toll rate to manage demand and optimize revenue. Toll revenue for a 40-year period shall be developed. • Deliverables provided by the Engineer Deliverables:  Native original electronic files  Final PDF documents  Letter report(s) included in the study documentation detailing the assumptions and including toll revenue tables.

REGIONAL TOLL FEASIBILITY STUDIES. The ENGINEER shall provide expertise to perform the following tasks upon the STATE’s request. •  Conduct Xxxxx 0, SKETCH Feasibility Analysis - For projects that advance beyond the Conceptual level. The objective of the Sketch Analysis will be to determine if a candidate toll road has potential for supporting bonds or contributing to maintenance dollars. In conducting this analysis the ENGINEER shall develop conceptual traffic & revenue (T&R) estimate to obtain a sense of the project’s feasibility. The scope of the study will help to evaluate whether revenue generated by the project will:  pay for estimated operations over the life of the 40 year analysis period;  pay for estimated operations and maintenance costs; DocuSign Envelope ID: F09708A9F5521467-72F3ECBA-4D51-4154AE58-AEDE-751E59B5E1DF E0461126F7CF  exhibit bonding capacity potential. Contract No. 36-6RFP5448 6RFP5449 PSoft Contract 6318 • 6320  Managed Lane (Express Toll Lanes) and traditional toll road evaluations are considered in this scope. Managed Lane (Express Toll Lane) projects required more time given the need to establish time-of-day pricing strategies. •  Historical traffic counts, socioeconomic information, former studies and general background information shall be collected, by the ENGINEER. •  Corridor Growth Evaluation -The growth potential of the project corridor, and land use assumptions, are critical parameters in estimating traffic potential for a project into the future years. The ENGINEER shall evaluate the potential growth of the corridor. •  Toll Revenue Estimation - Using a spreadsheet diversion model, the ENGINEER shall estimate potential traffic for the proposed project. The diversion model takes into consideration travel-time savings, toll rate and value of time. For Managed Lane projects the ENGINEER shall establish an optimum toll rate to manage demand and optimize revenue. Toll revenue for a 40-year period shall be developed. •  Deliverables provided by the Engineer:  Native original electronic files  Final PDF documents  Letter report(s) included in the study documentation detailing the assumptions and including toll revenue tables.

REGIONAL TOLL FEASIBILITY STUDIES. The ENGINEER shall provide expertise to perform the following tasks upon the STATE’s request. • Conduct Xxxxx 0, SKETCH “SKETCH” Feasibility Analysis - For projects that advance beyond the Conceptual level. The objective of the Sketch Analysis will be to determine if a candidate toll road has potential for supporting bonds or contributing to maintenance dollars. In conducting this analysis the ENGINEER shall develop conceptual traffic & revenue (T&R) estimate to obtain a sense of the project’s feasibility. The scope of the study will help to evaluate whether revenue generated by the project will:  ▪ pay for estimated operations over the life of the 40 year analysis period;  ▪ pay for estimated operations and maintenance costs; DocuSign Envelope ID: F09708A9-72F3-4154-AEDE-751E59B5E1DF  ▪ exhibit bonding capacity potential. Contract No. 36-6RFP5448 PSoft Contract 6318 • Managed Lane (Express Toll Lanes) and traditional toll road evaluations are considered in this scope. Managed Lane (Express Toll Lane) projects required more time given the need to establish time-of-day pricing strategies. • Historical traffic counts, socioeconomic information, former studies and general background information shall be collected, by the ENGINEER. • Corridor Growth Evaluation -The growth potential of the project corridor, and land use assumptions, are critical parameters in estimating traffic potential for a project into the future years. The ENGINEER shall evaluate the potential growth of the corridor. • Toll Revenue Estimation - Using a spreadsheet diversion model, the ENGINEER DocuSign Envelope ID: 72A77E6D-1011-4A73-AFB3-C43B2D5483E3 shall estimate potential traffic for the proposed project. The diversion model takes into consideration travel-time savings, toll rate and value of time. For Managed Lane projects the ENGINEER shall establish an optimum toll rate to manage demand and optimize revenue. Toll revenue for a 40-year period shall be developed. • Deliverables provided by the EngineerDeliverables:  ▪ Native original electronic files  ▪ Final PDF documents  ▪ Letter report(s) included in the study documentation detailing the assumptions and including toll revenue tables.. ▪ Presentations