State Road & Tollway Authority

What State Road & Tollway Authority does

SRTA's business model rests on three revenue streams: usage-based dynamic toll collection on the Georgia Express Lanes, bond issuance and transportation financing for state projects, and GTIB program administration (a managed-services-style fund providing competitive grants and low-interest loans without requiring a local match). Customer segments split between individual commuters and travelers using the express lanes for congestion relief, and governmental entities borrowing from GTIB for transportation infrastructure. In May 2026, HB 297 consolidated the related Georgia Regional Transportation Authority (GRTA) and Atlanta-region Transit Link Authority (ATL) into a new Georgia Transportation Efficiency Authority (GTEA), while SRTA continued to operate independently; SRTA's leadership team, led by Executive Director Jannine Miller (appointed January 2023), includes CXOs across engineering, finance, legal, mobility operations, and shared services.

Name

State Road & Tollway Authority

Legal name

State Road and Tollway Authority

Website

https://srta.ga.gov

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Toll Road Operations and Transportation Infrastructure Financing

SIC

Transportation Services (4700)

akta.pro primary industry

Tolling, Pricing & Revenue Operations (Toll Roads, Congestion Pricing, Enforcement) (BPAIALAH)

akta.pro secondary industries

Toll Payment & Toll Account Management (ETC, Toll Tags, Toll Invoicing) (TLABAMAC), Road User Charging (RUC) / Mileage-Based User Fee (MBUF) Systems (TLAJABAD)

Keywords

• Electronic toll collection
• Transportation infrastructure financing
• Express lane operations
• Transponder tolling system
• Government bond issuance

Headquarters

HQ city

Atlanta, Georgia

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Others

Revenue model

1. Toll Collections: SRTA collects tolls on Georgia's Express Lanes System through Peach Pass all-electronic tolling technology. Revenue is generated from dynamically priced tolls on the I-75 South Metro Express Lanes, Northwest Corridor Express Lanes, I-85 Express Lanes, and I-85 Extension.
2. Bond Issuance and Transportation Financing: SRTA issues tax-exempt bonds including GARVEE (Grant Anticipation Revenue Vehicle) bonds, Managed Lane System Guaranteed Revenue Bonds (GRB), and GARVEE Reimbursement Revenue Bonds (RRB) to finance transportation improvements. SRTA has authority to finance any type of transportation improvement using bonds, loans, notes, and equity partnerships.
3. Georgia Transportation Infrastructure Bank (GTIB) Program Administration: GTIB is a revolving infrastructure investment fund that provides loans with attractive terms and competitive grants to government entities for transportation projects. Since inception, GTIB has provided $272 million in loans and grants. GTIB operates as a self-sustaining program.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

SRTA collects tolls on Georgia's Express Lanes network through Peach Pass, an all-electronic transponder-based toll collection system covering the I-75 South Metro, I-85, I-85 Extension, and Northwest Corridor Express Lanes, with dynamic pricing that adjusts tolls based on real-time traffic demand. The Authority also administers the Georgia Transportation Infrastructure Bank (GTIB), a self-sustaining revolving fund issuing low-interest loans and competitive grants to government entities for transportation infrastructure projects across the State of Georgia.

Product overview

SRTA operates a multi-product transportation infrastructure portfolio centered on electronic toll collection and transportation financing. The core product is Peach Pass, an all-electronic toll collection system (including the mobile app and account portal), which powers the Georgia Express Lanes network of dynamically priced toll lanes on I-75, I-575, and I-85. Complementing tolling operations, SRTA administers the Georgia Transportation Infrastructure Bank (GTIB), a grant and low-interest loan program for transportation projects. SRTA also jointly provides services with the Georgia Regional Transportation Authority (GRTA, now transitioning to GTEA) which handles regional transit planning via Xpress commuter bus services and Developments of Regional Impact reviews.

Differentiator

Problem solved

Functional benefit

Brands

• Peach Pass: Electronic toll collection system used for high-occupancy toll lanes and express toll lanes on I-75 South, I-75/I-575 North, and I-85 North in metropolitan Atlanta.
• Georgia Transportation Infrastructure Bank (GTIB)
• Xpress
• Georgia Express Lanes

Products and services

• Peach Pass Electronic Toll Collection
• Georgia Express Lanes
• Georgia Transportation Infrastructure Bank (GTIB)
• Peach Pass Plus Contactless Parking

Quantifiable outcome

• Over 500,000 Peach Passes issued since 2011
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• E-ZPasscoreTechnology or Integration · 16 January 2024Peach Pass partners with E-ZPass to enable transponder interoperability across 18 states. This allows Peach Pass customers to use their transponders throughout the E-ZPass network, expanding toll access beyond Georgia. The partnership began with a successful test phase and expanded to 18 states by January 2024.
• Associated Credit UnionminorGTM or Marketing Partner · 10 May 2023Peach Pass partners with Associated Credit Union to offer a co-branded Visa credit card, providing a financial product that links directly to the Peach Pass tolling ecosystem.
• AAA (American Automobile Association)minorGTM or Marketing Partner · 21 September 2018SRTA and AAA partnered to promote Peach Pass and Express Lanes, leveraging AAA's membership base to increase awareness and adoption of the tolling system.
• Atlanta UnitedminorGTM or Marketing Partner · 1 June 2018Atlanta United partnership making Peach Pass a Proud Partner of both Atlanta United's First Team and Atlanta United 2. Partnership includes ticket giveaways for home games and marketing visibility to sports fans, designed to promote Peach Pass and the Northwest Corridor Express Lanes opening.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• North Carolina Turnpike Authority: State-created authority that operates all-electronic toll facilities including the Triangle Expressway and Monroe Expressway. Operates NC Quick Pass transponders and collaborates with E-ZPass for interoperability, directly comparable to SRTA's Peach Pass and Georgia Express Lanes model.
• Illinois Tollway: State-created toll authority operating toll roads in northern Illinois with I-PASS electronic tolling. Operates E-ZPass interoperability and a comparable mix of toll collection, infrastructure investment, and customer-facing technology services — closely analogous to SRTA's mandate.
• E-470 Public Highway Authority: Colorado public toll highway authority operating ExpressToll and the E-470 toll road around the Denver metro. Operates all-electronic toll collection with comparable revenue model and customer/commuter base, similar in scale to SRTA's Georgia Express Lanes.
• Florida's Turnpike Enterprise: State-level enterprise within FDOT operating toll facilities across Florida with SunPass electronic tolling. Operates a comparable mix of toll road operations, electronic toll collection, and infrastructure financing, with significant E-ZPass interoperability.
• North Texas Tollway Authority (NTTA): Regional toll authority operating toll roads in the Dallas-Fort Worth metroplex under a similar state-level statutory model. NTTA collects tolls via its own transponder system (TollTag) and manages dynamic/congestion pricing, making it the closest direct analog to SRTA's Peach Pass and Express Lanes operations.
• Maryland Transportation Authority (MDTA): State-level authority operating Maryland's toll facilities (including I-95 Express Toll Lanes) via E-ZPass. Combines toll road operations, express/HOT lanes, and toll bridge/tunnel infrastructure financing — a direct functional peer to SRTA.

Broad incumbents

• Pennsylvania Turnpike Commission: Large, established state toll road operator with E-ZPass-based toll collection and bond-financed capital program. Broader in scale and asset mix than SRTA, but operates a directly comparable tolling + infrastructure financing model.

Regional players

• Riverside County Transportation Commission (RCTC) - 91 Express Lanes: Operates the 91 Express Lanes in Riverside County, California with dynamic pricing and FasTrak interoperability. Comparable to SRTA in that it is a smaller regional toll operator with dynamic pricing, but geographically non-overlapping and operating under a county commission rather than a state authority structure.

Emerging players

• Virginia Department of Transportation - Express Lanes: Operates dynamic-pricing Express Lanes on I-66, I-95, and I-395 in Northern Virginia under public-private partnerships. Comparable dynamic pricing model and E-ZPass integration, though many lanes are operated by private partners under concession rather than directly by a public authority.
• Metro ExpressLanes (Los Angeles County Metropolitan Transportation Authority): Operates dynamically priced ExpressLanes on I-10 and I-110 in Los Angeles using FasTrak transponders with congestion pricing. Comparable all-electronic HOT/express lane operations in a major metro area, but operated by a transit authority rather than a standalone toll authority.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/PeachPassGA
• Facebookfacebook.com/PeachPass
• LinkedInlinkedin.com/company/state-road-&-tollway-authority

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about State Road & Tollway Authority