Justifying Funding for ITS Deployments

In current tough economic times, efficient management of cash flow has become a priority for every business. The situation is no different for the world of intelligent transportation systems (ITS). Transportation management agencies such as State department of transportation (DOT), Counties, Districts and Cities are often asked to provide full proof documentation that justifies additional funding for ITS deployments. These justification statements typically require documentation of isolated benefits of ITS, not including any benefits of geometric roadway improvements. However, since most ITS projects are implemented together with roadway capacity or operational improvement projects, it is hard to isolate the benefits of ITS from total benefits. This paper provides a robust framework that can be adopted by public or private agencies to document quantifiable congestion and safety benefits attributable purely to ITS.

• Supplemental Notes:
  • Abstract reprinted with permission from Intelligent Transportation Society of America.
• Corporate Authors:

  ITS America

  1100 17th Street, NW, 12th Floor
  Washington, DC  United States  20036
• Authors:
  • Sinha, Prasoon
• Conference:
  • 19th ITS World Congress
  • Location: Vienna , Austria
  • Date: 2012-10-22 to 2012-10-26
• Publication Date: 2012

Language

• English

Media Info

• Media Type: Digital/other
• Features: CD-ROM; Figures; References;
• Pagination: 8p
• Monograph Title: 19th ITS World Congress, Vienna, Austria, 22 to 26 October 2012

Subject/Index Terms

• TRT Terms: Benefits; Cash flow; Financing; Highway capacity; Highway safety; Implementation; Intelligent transportation systems; State departments of transportation
• Subject Areas: Finance; Highways; Safety and Human Factors; I10: Economics and Administration; I85: Safety Devices used in Transport Infrastructure;

Filing Info

• Accession Number: 01501727
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 23 2013 7:52AM