HNTB Releases White Paper to Help Toll Agencies Understand Rating Agency Factors

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White paper details how toll agencies can promote more informed project planning to revive stalled projects, accelerate delivery and foster innovation.

A new HNTB Corporation white paper explores how understanding financial market expectations can help decision makers on tolling projects lay the foundation for delivering new projects and sustaining capital investment in existing systems.

The white paper, “Toll facility ratings: A credit perspective,” is authored by Tanya Langman, HNTB director of financial services, and Brad Guilmino, national director of HNTB Advisory.

“The number of new and expanded tolling facilities is increasing nationwide as public agencies seek to relieve congestion and provide funding to support growing infrastructure needs. Most agencies issue debt by leveraging future toll revenues to finance new construction and roadway rehabilitation projects—and that debt issuance is highly dependent on the credit perspective provided by rating agencies.”

To see more related HNTB thought leadership and media content, visit the firm’s tolling media kit.

About HNTB
HNTB Corporation is an employee-owned infrastructure firm serving public and private owners and contractors. With 105 years of service in the United States, HNTB understands the life cycle of infrastructure and addresses clients’ most complex technical, financial and operational challenges. Professionals nationwide deliver a full range of infrastructure-related services, including award-winning planning, design, and program and construction management. For more information, visit, or follow HNTB on LinkedIn, Twitter, Facebook or Instagram.

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Andrew Hoskins
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