BENEFIT-COST ANALYSIS BASED ON THE 1977 AASHTO PROCEDURES

The benefit-cost analysis performed for FL-426A, a new highway facility in Florida, is described. The analysis was completed in general accordance with the American Association of State Highway and Transportation Officials (AASHTO) publication, A Manual on User Benefit Analysis of Highway and Bus-Transit Improvements. The project, the analysis procedures, deviations from the AASHTO methodology, the analysis results, and suggested improvements to the AASHTO procedures are examined. A network approach was used for the benefit-cost analysis of this new facility, which has partial access control. A summary of the analysis appeared in the project's 1978 final negative declaration, an environmental impact document. Thus, it was one of the first benefit-cost analyses modeled after AASHTO procedures to appear in an environmental impact document approved by the Federal Highway Administration. It is concluded that, although the AASHTO procedures need to be computerized and their results are subject to wide variability among users, they are useful in determining the economic desirability of major highway improvements. (Author)

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1980/747/747-009.pdf
• Summary URL:
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• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Application of Economic Analysis to Transportation Problems. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
• Authors:
  • McLeod, Douglas S
  • Adair, Richard E
• Conference:
  • 59th Annual Meeting of the Transportation Research Board
  • Location: Washington District of Columbia, United States
  • Date: 1980-1-21 to 1980-1-25
• Publication Date: 1980

Media Info

• Media Type: Print
• Features: Figures; Maps; References; Tables;
• Pagination: pp 43-49
• Monograph Title: Economic and social aspects of transportation
• Serial:
  • Transportation Research Record
  • Issue Number: 747
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Access control (Transportation); Analysis; Benefit cost analysis; Environmental impact statements; User benefits
• Identifier Terms: American Association of State Highway Officials
• Uncontrolled Terms: Access control
• Old TRIS Terms: Analytical method
• Subject Areas: Economics; Highways; Society;

Filing Info

• Accession Number: 00319383
• Record Type: Publication
• ISBN: 0309030560
• Files: TRIS, TRB
• Created Date: Oct 27 1980 12:00AM