Federal Toll Road Concession Program in Brazil: Is It Moving in the Right Direction?

Rodrigues Bochado, Mariana y Vassallo Magro, José Manuel (2014). Federal Toll Road Concession Program in Brazil: Is It Moving in the Right Direction?. "Journal of Infrastructure Systems", v. 20 (n. 2); pp. 1-10. ISSN 1076-0342. https://doi.org/10.1061/(ASCE)IS.1943-555X.0000200.

Descripción

Título: Federal Toll Road Concession Program in Brazil: Is It Moving in the Right Direction?
Autor/es:
  • Rodrigues Bochado, Mariana
  • Vassallo Magro, José Manuel
Tipo de Documento: Artículo
Título de Revista/Publicación: Journal of Infrastructure Systems
Fecha: Junio 2014
Volumen: 20
Materias:
Escuela: Centro de Investigación del Transporte (TRANSyT) (UPM)
Departamento: Otro
Licencias Creative Commons: Reconocimiento - Sin obra derivada - No comercial

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Resumen

This paper assesses the toll road concession program started by the federal government of Brazil, from its beginning in 1996 until 2012. Brazil has one of the longest road networks, under private concessions, in the entire world. The authors use the case study approach, based on the available information, to analyze the evolution of the program over the course of its history. Specifically, a detailed analysis is conducted from three perspectives: those of the competitiveness of the tender, the impact of toll modifications caused by the rebalancing of the economics of the contract, and the actual evolution of the traffic flows as compared to their estimates, respectively. It is found that the most recent auctions have been very competitive. Moreover, with the original toll roads, bidders relied on early traffic forecasts that turned out to be overly optimistic, and over the years, contract rebalancing has led to large increases in toll rates. Overall, and even though Brazil’s program can be considered successful in many ways, there is still considerable room for improvement.

Más información

ID de Registro: 35646
Identificador DC: http://oa.upm.es/35646/
Identificador OAI: oai:oa.upm.es:35646
Identificador DOI: 10.1061/(ASCE)IS.1943-555X.0000200
URL Oficial: http://ascelibrary.org/doi/10.1061/%28ASCE%29IS.1943-555X.0000200
Depositado por: Memoria Investigacion
Depositado el: 25 May 2017 10:56
Ultima Modificación: 08 Jun 2017 07:27
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