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Tuesday 25 February 2014

Reminder - Bill Payments Q4

Dear Member,
Kindly Pay your Outstanding for the period Jan-Mar '14 due on 28th Feb. 2014.Ignore if already paid. 

Friday 14 February 2014

Features of the Proposed Maharashtra Toll Policy

Features of the Proposed Maharashtra Toll Policy
>> Toll rates to be increased every year, and Wholesale Price Index to be applied during revision. Currently, toll rates are revised once in three years and the rate slabs are fixed till the year 2052
>> Vehicle category will be based on weights, instead of the existing five categories
>> Toll operator will be responsible for maintaining the road in a motorable condition at all times during the contract period. All safety provisions are to be observed. Such guidelines do exist currently
>> The system of approval will be defined and any new proposal will be routed through the concerned departments for comments. Prior approval by the finance department will be sought before issuing request for proposal (RFP)
>> All bids will be issued through e-tendering and will be published in newspapers
>> More than one toll plaza on a project highway will be treated as a cluster development project, and shall be placed at least 5 km beyond municipal limits
>> Besides toll, sources of revenue will comprise user fee, advertisement rights and land development to recover costs
>> Minimum distance between two toll plazas will be 45 km instead of the current 35-40 km. Traffic growth will be taken as 5 per cent per year