• The SCC is responsible for all operating and maintenance costs of the Skyway, and has the right to all toll and concession revenue. The concession agreement sets out the required operating standards.
• The concession agreement limits the amount and level of toll increases the SCC can make, although cumulatively, if the maximum increases are implemented, the rise in toll charges could be significant. From 2008 through 2017, any increase is limited to a maximum amount of 7.9 percent per year; in the remaining 86 years, the SCC can adjust tolls by the greater of (1) 2 percent per year, (2) inflation, or (3) the increase in GDP per capita.
• The concession agreement places no restrictions on the public authorities constructing competing toll-free highways (such non-compete clauses are often a feature of real toll concessions).
• There is no revenue-sharing provision between the SCC and the City of Chicago.
• There are provisions to ensure that the road is maintained during the final 10 years of the concession prior to its being handed back to the City.