Commons committee examines a new financing model for English roads
The bill would let private companies finance some highways and collect tolls in return.
A UK House of Commons committee is scrutinizing a bill to create a framework for privately financed road projects in England. The proposal would allow companies to fund, build and maintain specific roads in return for the power to charge tolls.
The Office of Rail and Road would regulate the regime. The bill would also allow barrierless tolling on roads where existing legislation already authorizes a charge.
The bill had its second reading on October 15. The committee began line-by-line examination on October 29, with Parliament's call for evidence listing November 24 as its expected reporting deadline.
