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VPPP
(redirected from Value Pricing Pilot Program)

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AcronymDefinition
VPPPValue Pricing Pilot Program (US Department of Transportation)
VPPPVice President of Policy and Procedures (University of South Florida)


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Currently, States are implementing direct user charges on an ad hoc basis, although the Federal Value Pricing Pilot Program has encouraged a number of areas to investigate different types of pricing options.
Under that law, state and local agencies can apply tolls to interstate highways only if they qualify as a pilot project under the Federal Highway Administration's Value Pricing Pilot Program, which was created to provide funding for innovative pilot programs (lasting three or fewer years) to reduce highway congestion.
Department of Transportation's Value Pricing Pilot Program encourages the use of value pricing in the form of new tolls on existing toll-free facilities (such as HOT lanes), variable tolls on new lanes, variable tolls on toll facilities, and usage-based vehicle charges.
 
 
 
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