Base Toll Rate and Base Flag Fall. The Base Toll Rate for each Toll Zone and the Base Flag Fall shall be determined with a view to optimising the balance between the following principles (Toll Calculation Principles): (a) toll levels reflect the benefit obtained by the user and the costs they impose on the network; (b) transport outcomes are considered by optimising asset utilisation and managing traffic flows across the transport network to avoid distortionary network impacts; (c) tolls are not set at a level which would have the potential to materially compromise: (i) the efficiency and performance of the NEL Corridor at any times of the day; or (ii) the general alignment with the range of traffic volumes published in the EES (having regard to any changes to those traffic volumes as may be attributable to contemporary demographic and/or economic assumptions that may change over time); and (d) economically significant toll levels are set that allow State Toll Co to meet its financial obligations and generate a commercial return.
Appears in 2 contracts
Sources: Tolling Agreement, Tolling Agreement