Assumptions
■ Average $3.00 each way toll beginning in 2013 growing at 2.5% each year (same as Base Case).
■ Opening year average daily traffic on 34,000 (the high end of the range provided in the Traffic Study), growing at 2.5% per annum throughout the concession period.
A preliminary valuation of a Mississippi River Bridge Project concession given the above "Aggressive Case" parameters and a $3.00 initial toll indicates a value range of approximately $750-1,025 million.