Oakes to Independence Benefit Cost Analysis
The Oakes to Independence line segment (the Independence 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 report. The analysis was performed by the Upper Great Plains Transportation Institute (UGPTI) using Data provided by the Red River Valley and Western Railroad and transportation statistics maintained by the UGPTI. Using a discount rate of four percent, the overall benefit cost ratio for the project is 0.34. The analysis has shown that the project cost outlay will not be recovered in the next ten years.
- Record URL:
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Corporate Authors:
North Dakota Department of Transportation
608 East Boulevard Avenue
Bismarck, ND United States 58505-0700Federal 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
- Pagination: 20p
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Serial:
- UGPTI Staff Paper
- Issue Number: 116
- 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: 01705823
- Record Type: Publication
- Files: TRIS, ATRI, USDOT, STATEDOT
- Created Date: May 23 2019 4:29PM