Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments (2017) / Chapter Skim
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19 S t e p 2 2.1 Goal This step helps to right-size the BCA. Right-sizing techniques are important for balancing study goals with time and budget constraints to establish the proper level of effort needed for a successful BCA.
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20 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments or access fees that depend on traffic usage forecasts (this is most similar to investment grade traffic and revenue studies required for toll roads)
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Determine Scope of Analysis 21 • Who are the users (system or facility users or consumers)
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22 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments modes and routes are considered. When user charges or tolls are involved, include the pertinent alternate route links.
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Determine Scope of Analysis 23 setting the BCA analysis period along with data forecast horizon. Appendix B provides methods to determine service life of a project when several different types of projects are combined together.
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24 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor Investments 2.4 Best Practices and Examples Best practices for Step 2: • Discuss the project in the planning context. • Examine a project from the point of view of facility users as well as owners and operators.
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