Dakota, Missouri Valley & Western's Southern Division: Benefit Cost Analysis

The Oakes to Moffit branch line (the Wishek Line) has been analyzed using North Dakota's rail-line Benefit-cost model which has been employed in previous studies. The methodology has been reviewed and accepted by the Federal Railroad Administration (FRA). It was updated in 1992 so that the analysis period, discount rate, and treatment of project costs were consistent with the new FRA benefit-cost procedures. The benefit-cost methodology is described in Appendix C. Only the major assumptions, costing techniques, and results are included in this section. The analysis was performed by the Upper Great Plains Transportation Institute (UGPTI) using data provided by the Dakota, Missouri Valley and Western Railroad and transportation statistics maintained by UGPTI. Using a discount rate of four percent, the overall benefit cost ratio for the project is 19.70. The project outlay will be recovered from discounted benefits by the year 1998. Thus, the pay-back period is approximately five years.

Record URL:
Corporate Authors:
North Dakota Department of Transportation

Bismarck, ND United States 58505

Federal Railroad Administration

1200 New Jersey Avenue, SE
Washington, DC United States 20590
Authors:
- Tolliver, Denver D
- Lindamood, Brian A
Publication Date: 1993-5

Language

English

Media Info

Media Type: Digital/other
Features: Appendices; Maps; Tables;
Pagination: 26p
Serial:
- UGPTI Staff Paper
- Issue Number: 115
- Publisher: Upper Great Plains Transportation Institute

Subject/Index Terms

TRT Terms: Benefit cost analysis; Line extensions (Rail transit); Railroad transportation
Geographic Terms: North Dakota
Subject Areas: Economics; Freight Transportation; Planning and Forecasting; Railroads;

Filing Info

Accession Number: 01705822
Record Type: Publication
Files: TRIS, ATRI, USDOT, STATEDOT
Created Date: May 23 2019 4:29PM