Common Contracts
1 similar Toll Agreement contracts
77090 Federal Register / Vol. 71, No. 246 / Friday, December 22, 2006 / NoticesToll Agreement • May 2nd, 2023
Subsequent to the signing of the cooperative agreement for a tolling project, and after all environmental requirements have been met and the project is ready to proceed to construction and/or implementation, a toll agreement will then be executed with the FHWA that addresses the use of revenues from the operation of the toll facility. As discussed previously, revenues must generally first be used to cover debt service, provide reasonable return on private party investments, and operate and maintain the facility. Any remaining revenues may then be used for other title 23 U.S.C. eligible purposes.
