The City of Toronto has issued a request for proposals (RFP) to determine how to implement tolls on the Gardiner Expressway and the Don Valley Parkway.
According to the RFP notice issued on March 11, the city says it wishes to further examine tolling and pricing options and the impact it may have on traffic congestion.
A staff report released last fall on tolling options saw drivers pay a flat-fee of between $1.25 to $3.25 for either a 10-year or 30-year time frame respectively.
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Another option would have motorists pay a per-distance fee of between 10 cents/per km to 35 cents/per km.
READ MORE: Tolls on the Gardiner Expressway and DVP: Freeway or feeway?
“Under the $3 flat toll scenario, travel times would be reduced by three to five minutes,” the report said. “On a system-wide basis, the tolling system has a very small but still positive effect on overall network performance.”
The staff report suggests the tolls can bring in $3.8 billion over the next 30 years for the Gardiner, which will cover the capital cost of the Hybrid option for Gardiner East, and $200 million for the DVP over the same period of time.
The RFP notice indicates the vendor will develop a study design to be reviewed later on by city staff.
Potential bidders have until April 11 to submit their proposals.