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M50 Toll Bridge

  • 17-09-2009 5:46pm
    #1
    Mad_Max
    Registered Users, Registered Users 2 Posts: 1,322 ✭✭✭


    Just a quick question on it. Couldn't find the answer anywhere here so apologies if it's been answered before.

    Who gets the money from the tolls? I know the NRA bought the bridge off NTR but didn't they pass the operation off to BetEire or some place like that?

    And how do all the different tag companies make money? Do they take a slice of the fare?

    This has been wrecking my head for a while trying to find out :)


Comments

  • #2
    L1011
    Registered Users, Registered Users 2 Posts: 71,112 ✭✭✭✭L1011


    Tag companies charge a fee to have a tag, and most get cash off you up front - meaning they can bank it and get the interest. I've no idea if there is a commission for them though.

    The money from the toll is used to pay (directly or indirectly I don't know) M50 Concession Ltd who are building the northern/southern reaches of the M50 upgrade (the NRA paid for the Westlink section) and maintain the entire lot for 30 or so years. Bet Eire Flow collect it for them.


  • #3
    Carawaystick
    Registered Users, Registered Users 2 Posts: 8,779 ✭✭✭Carawaystick


    The NRA get the money and pay beteireflow about 28% or so of it.

    Pretty much each tag co. is a toll co. too. So they get money from all tag users transferred electronically when any tag user uses their own toll. This saves them on the hassle of moving the bulk cash.

    Most of the tag co.s get a monthly fee from each tag user.


  • #4
    AlekSmart
    Registered Users, Registered Users 2 Posts: 14,005 ✭✭✭✭AlekSmart


    It`s a kind of NAMA-on-Wheels.....:)

    You pay for something in your general taxation plus your motor taxation then it`s divided up amongst the "right" people who devise a scheme to make you pay again.....I think it`s Cool :cool: :cool: :cool:


    Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.

    Charles Mackay (1812-1889)



  • #5
    godtabh
    Moderators, Science, Health & Environment Moderators Posts: 23,243 Mod ✭✭✭✭godtabh


    AlekSmart wrote: »
    It`s a kind of NAMA-on-Wheels.....:)

    You pay for something in your general taxation plus your motor taxation then it`s divided up amongst the "right" people who devise a scheme to make you pay again.....I think it`s Cool :cool: :cool: :cool:

    If we cant afford to build it and cant pay any one to built it do we just magic it up?

    I would love to live in your fairly land but economic realties mean this will never happen.

    The implemtnation of how it is done maybe flawed but the principles arent


  • #6
    L1011
    Registered Users, Registered Users 2 Posts: 71,112 ✭✭✭✭L1011


    Carawaystick wrote: »
    Pretty much each tag co. is a toll co. too.

    The largest one (easytrip) isn't - but then again, it has the sheer volume of tags that I suspect it copes quite handily off fees and interest.


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