Sunday, December 7, 2014

The highway tolls not rise in 2015 – La Vanguardia

The highway tolls not rise in 2015 – La Vanguardia

Madrid. (IRIN) .- The average price of Toll network dependent highways State Administration will not rise in 2015 for the first time in the last five years, as reported by industry sources. The network of payment gateways remain unchanged and its rate of use in a context in which inflation is in negative rates and traffic started this year to pick up after seven years of decline.

Exercise 2015 will thus be the second, along with that of 2010, when the toll motorways freeze since 2002 the sector negotiated with the Government formula with annually updated average prices of their tolls.

This is a formula that takes into account the average CPI between October of one year and the next and the evolution of traffic between the main variables. According to Europa Press are detailed in industry sources, the calculation of this formula for this year throws an upturn of 0.01%, which in practice means keeping the price charged to drivers in 2014.

In January this year, the toll roads pay half prices rose 1.85%, marking its second lowest increase since that formula is applied. The concession of toll roads still use this system to calculate their rates, since the sector was outside the Act deindexation the government approved last year to decouple CPI price evolution of certain services and contracts.

A freezing the average toll of Spanish motorway network, which currently totals a length of about 2,550 kilometers in length, the declines will be added to price Promotion aims to articulate the ‘off-peak’ (the lower traffic) intensity of some highways through reaching agreements with concessionaires.

The Department directed Ana Pastor working on the design of a ‘map’ of motorways and network points in the such rebates toll ‘off-peak’, and the amount thereof be enabled in order to present it in “coming months” and that is started in 2015. This measure aims to optimize network usage State Highway. Freezing the average price of tolls and these specific cuts will be articulated after the payment network of roads closed 2014 its first year of increased traffic since the crisis erupted.

In the first ten months year, highways counted an average daily traffic of 16,743 vehicles, almost 2% higher than a year earlier, according to the latest data available Development. Also take place while the Ministry continues to work on the constitution of the new public company highways to be rescued at eight tracks currently in bankruptcy and bankruptcy risk.

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