The Transportation Research Board (TRB) notes that more digital communication, energy and utility companies are seeking to use highway right-of-way space for their development projects. “State DOTs [and toll road operators, too] are investigating the use of compensation structures in exchange for accommodating these utilities, and are seeking approaches and valuation methods to set fees.” TRB will host a webinar next Wednesday afternoon, April 24, to “present a range of approaches to consider for setting compensation structures for utility accommodations.” The presentation will be based on two National Cooperative Highway Research Program documents, NCHRP Research Report 1053: Valuation and Compensation Approaches in Utility Accommodation: A Guide and NCHRP Web-Only Document 359: Valuation and Compensation for Accommodating Utility and Communications Installations in Public Rights-of-Way. Participants will learn how to determine right-of-way value and explore different approaches to setting compensation structures.
