Welcome to the FHWA Congestion Pricing Web Site
Value Pricing Project Program Quarterly Report
The Value Pricing Project Program October - December 2014 Quarterly Report is now available.
2014 Report to Congress on the Value Pricing Pilot Program
This report provides an update on the Value Pricing Pilot Program activities, highlights some key projects and findings, discusses lessons learned on projects implemented over the last two fiscal years, and presents some key programmatic activities that FHWA will support to help advance congestion pricing projects at the State and local levels.
Congestion pricing - sometimes called value pricing - is a way of harnessing the power of the market to reduce the waste associated with traffic congestion. Congestion pricing recognizes that trips have different values at different times and places and for different individuals. Faced with premium charges during periods of peak demand, road users are encouraged to eliminate lower-valued trips, take them at a different time, or choose alternative routes or transport modes where available. In cases where congestion pricing is applied to specific traffic lanes rather than to an entire highway facility, users have the option of choosing to pay to use congestion-free priced lanes or continue to travel on general purpose lanes without paying a toll. There is a consensus among economists that congestion pricing represents the single most viable and sustainable approach to reducing traffic congestion.
This site provides information and resources to help equip state agencies and practitioners with an understanding and tools to implement congestion pricing projects and incorporate pricing into transportation planning.