11.07.05.05

.05 Procedures for Increases on Variably Priced Toll Facilities Using Dynamic Pricing.

A. The Chairman and members of the Authority shall comply with the provisions established in Transportation Article, §4-312, Annotated Code of Maryland.

B. The Authority may, in accordance with §A of this regulation, establish a toll rate range with respect to the dynamic pricing mileage rate for any variably priced toll facility with dynamic pricing. A toll rate range established by the Authority in accordance with §A of this regulation may distinguish among classes of users and may be automatically adjusted from time to time according to an index, escalation factor identified by the Authority, or any combination, at the time such toll range is established.

C. The Executive Director may, or may contract with a toll facility operator to, adopt or create a tolling algorithm to adjust the dynamic pricing mileage rate and calculate the actual toll, provided that at all times such dynamic pricing mileage rate is within the toll rate range established by the Authority.

D. The Authority may, but is not required to, authorize the Executive Director to include in any contract entered into with a toll facility operator further limitations on the means and extent to which the dynamic pricing mileage rate may be adjusted from time to time, provided that at all times such dynamic pricing mileage rate remains within the toll rate range established by the Authority.