A toll road is the most common option for an infrastructure project in a public-private partnership format, and it is essential for a future concessionaire to correctly evaluate the risks of participating in such a project.
Using the methods of transport modeling, SIMETRA calculates hundreds of scenarios for different forecast horizons, taking into account plenty of factors like economic and transport development scenarios, applied tolling systems and methods, fare rates, and modes of transport. That solves both strategic planning tasks for the investor or planner along with operational tasks for toll road management.
SIMETRA calculates traffic flow forecasts for toll roads using the best world practices in toll modelling
Quality of traffic forecasting
Traffic forecasts are calculated using macroscopic traffic models using a bicriteria approach considering the readiness to pay. The usage of algorithms that take into account the continuous distribution of readiness to pay allows traffic forecasts to be made with a high degree of confidence.
Determining of the optimum fare rate
The outcome of the work is the best possible fare that maximizes revenues for the predicted traffic volume. The calculations enable an analysis of the traffic volume on toll sections when introducing a differentiated fare system depending on the time of day, days of the week, time of year, frequency, and the travel duration.
Location and operation of toll collection points
Especially for toll modelling tasks, SIMETRA has created an operator model for the operational management of traffic flows at toll collection points (TCP) using the specially created TollPlaza Control software module (traffic-dependent evaluation of decisions on the number and configuration of TCP operations).
Recommendations to increase road capacity
On the basis of the calculations, our engineers evaluate the capacity of the road network of the considered areas and provide recommendations for its increase by redistributing traffic flows, taking into account the introduction of tolling.