Traffic Impact Fee of Construction Project in Megacities

Traffic impact fee(TIF) adds the funding of urban transport and regulates the supply relationship between land development and transport infrastructure.Considering levying range,fee standard,and fee usage,four principles for determining TIF are proposed.Then,four key factors affecting TIF are analyzed,including the traffic infrastructure investment caused by construction project,the project nature,the project location characteristic,and the government policy.Furthermore,some major difficulties in the work of TIF are discussed and some concepts of solutions are proposed,mainly about defining project type,establishing fee standard and levying and using of the fee,promoting social acceptance,as well as avoiding the clash with existing fee system.The conclusions provide references for the government to implement current TIF policies in China.