Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments (2017) / Chapter Skim
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10 S t e p 1 1.1 Goal The goal of this step is to develop a working definition and an impact area of a project or corridor to be used for analytical purposes. Projects are typically defined by features such as: • Type of facility/location: corridor, modal or intermodal facility, or both.
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Define the project 11 On the other hand, multijurisdictional nodal projects, such as those at ports and airports, cannot be represented using this corridor convention. Develop Options or Alternatives This task specifies the base case no-build and/or do-minimum scenarios, as well as build scenarios, for computing benefits.
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12 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments Inland and Deep-Draft Navigation Projects Navigation projects are a unique subset.
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Define the project 13 highway segment that diverts from other highway segments. This is a broad category and can include port access improvements and investments in corridors that influence both freight and passengers (rail, truck tolls, truck access improvements, etc.)
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14 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments 1.4 Best Practices and Examples Best practices for Step 1: • Define and describe the project by considering all modes relevant to the context. • Describe the facility with sufficient detail and adequate supporting data (traffic volumes, freight volumes, cargo movements, urban/rural characterization, and adjacent land uses)
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Define the project 15 Figure 4. Alameda Corridor.
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16 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments rail corridor to allow for double stacking between Mid-Atlantic states and their ports to Midwest markets. Phase 1 is part of a larger initiative.
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Define the project 17 • An enhanced signal and interlocker system with positive train control compatibility. • New and structurally improved bridges and drainage structures.
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18 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments New York routes. Costs of options for four types of measures options were provided by the Port Authority's Tunnels, Bridges, & Terminals Department.
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