D. Allen Covey
The Federal Highway Administration has given preliminary approval for Virginia to impose tolls on Interstate 95 to help fund transportation projects.
Gov. Bob McDonnell says that Federal Highway Administration administrator Victor Mendez has given the Virginia Department of Transportation conditional provisional approval for a tolling plan the state submitted in January. The tolls would be imposed under the Interstate Reconstruction and Rehabilitation Pilot Program, which allows three states to impose tolls on interstate highways.
VDOT estimates the toll program could generate $250 million in its first five years, and more than $50 million annually in subsequent years.
The Governor cited the widening of I-95 near the North Carolina border, guardrail installations, and pavement improvements on more than 700 lane miles within the corridor as specific projects that could be funded through toll revenues.
The FHA has given Virginia's Department of Transportation conditional provisional approval for a tolling plan the state submitted in January.