Connected Vehicle Infrastructure (CVI), a component of the broader category of Intelligent Transportation Systems (ITS), focuses on communications and connectivity between vehicles and infrastructure. This report provides an overview of CVI technology, reviews existing and proposed legislation relevant to CVI implementation, identifies existing funding mechanisms, reviews CVI pilot programs, and presents potential implementation barriers.
Finance
New Report: Exploring Blockchain – Technology Behind Bitcoin and Implications for Transforming Transportation
Blockchain is a distributed ledger of transactions, developed originally as the accounting platform for the virtual currency, Bitcoin. The technology is used to verify transactions, creating records that cannot be changed or deleted. Verification is accomplished in a decentralized manner through a network of participants, or distributed nodes, rather than through a third party, such […]
New Report: Finding the Value of Urban Parking
In this study, researchers examined smart parking, a parking management tool that helps drivers efficiently find and pay for available parking by knowing where they will park before reaching their destination. This can prompt more traffic to have a definitive destination when exiting from major roadways near dense urban areas, potentially leading to increased efficiencies […]
New Report: Highway Cost Index Estimator Tool
To plan and program highway construction projects, the Texas Department of Transportation requires accurate construction cost data. However, due to the number of, and uncertainty of, variables that affect highway construction costs, estimating future funding needs can be an exceedingly difficult task. This research project sought to improve future forecasting projections through the creation of […]
Getting to ‘Zero’ – How can we close the transportation funding gap?
Texas will have about $100 billion in revenue to build transportation infrastructure, leaving a $170 billion gap between the need and the available revenue. The obvious question, of course, is how does the state close the gap? That question itself raises other questions. For example, is it necessary to close the gap? If we can, is it even desirable? If it is both necessary and desirable, how would we do it?