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The Value of Travel Time Savings : Departmental Guidance for Conducting Economic Evaluations Revision 2
| Content Provider | Semantic Scholar |
|---|---|
| Author | Belenky, Peter |
| Copyright Year | 2011 |
| Abstract | The value of travel time is a critical factor in evaluating the benefits of transportation infrastructure investment and rulemaking initiatives. Reduction of delay in passenger or freight transportation is a major purpose of investments, and rules to enhance safety sometimes include provisions that slow travel. As the Department expands its use of benefit-cost analysis in evaluating competitive funding applications under such programs as the TIGER Grant program and the High-Speed Intercity Passenger Rail program, it is essential to have appropriate, well-reasoned guidance for valuing delays and time savings. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.transportation.gov/sites/dot.dev/files/docs/vot_guidance_092811c.pdf |
| Alternate Webpage(s) | https://www.transportation.gov/sites/dot.gov/files/docs/2016%20Revised%20Value%20of%20Travel%20Time%20Guidance.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
