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- W655217985 abstract "Italy was the first country in Europe to create toll motorways. The 5.637km of toll motorways now form more than 80% of the length of the entire system. Their management is divided between 23 concessionaries, most of which are privately owned. The juridical case of the concession is based on the principle whereby the Government or local authority entrust a third party to build and manage the infrastructure at its own cost and to derive the revenue from its operation for the period of concession. For motorways, the concession is applied through a law or administrative deed of 'authorisation' for the concession relative to a certain motorway. A real agreement, the 'Convention', is then stipulated between ANAS (Azienda Nazionale Autonoma per le Strade) and the motorway company concerned. The contents of the Convention, which includes a financial plan, are outlined. The calculation of the toll and the way it is adjusted annually are described." @default.
- W655217985 created "2016-06-24" @default.
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- W655217985 date "2006-01-01" @default.
- W655217985 modified "2023-09-26" @default.
- W655217985 title "Motorway concessions and tolls in Italy" @default.
- W655217985 hasPublicationYear "2006" @default.
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