ECONOMIC FEASIBILITY OF EXCLUSIVE VEHICLE FACILITIES

A microcomputer program called "exclusive vehicle facilities" (EVFS) that determines the economic feasibility of separating light vehicles from heavy vehicles on a given section of controlled-access highway by designating existing lanes and constructing new lanes to be used exclusively by light or heavy vehicles is described. On the basis of user inputs to a spreadsheet user interface, EVFS calculates the net present value, benefit-cost ratio, and other performance measures of the alternative exclusive vehicle facility specified. The three possible lane use policies allowed within EVFS are mixed-, light-, and heavy-vehicle lanes. EVFS accounts for the following potential benefits or cost savings both for person and for freight travel: (a) travel time savings; (b) vehicle operating cost savings; (c) accident cost savings (fatalities, injuries, and property damage), because of less severe accidents by separating light and heavy vehicles; and (d) queuing delay savings because of fewer accidents causing blockages. EVFS also accounts for the following project costs: (a) initial construction costs, (b) initial right-of-way acquisition and demolition costs, and (c) periodic pavement resurfacing costs, which may be less frequent and less costly for light-vehicle lanes. EVFS is designed to evaluate any of the following five cases: (a) do nothing; (b) designate existing lanes for mixed, light, and heavy vehicles; (c) add mixed-vehicle lanes (no special lane use restrictions); (d) add non-barrier-separated lanes and designate new and existing lanes for mixed, light, and heavy vehicles; and (e) add barrier-separated lanes and designate new and existing lanes for mixed, light, and heavy vehicles. An example indicates that exclusive vehicle facilities are most warranted for congested urban highways with significant percentages of single-unit and combination trucks in the traffic stream.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1991/1305/1305-026.pdf
• Record URL:
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• Supplemental Notes:
  • This paper appears in Transportation Research Record No. 1305, Finance, Planning, Programming, Economic Analysis, and Land Development 1991. 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:
  • Janson, Bruce N
  • Rathi, Anju
• Publication Date: 1991

Media Info

• Features: Figures; References; Tables;
• Pagination: p. 201-214
• Monograph Title: Finance, planning, programming, economic analysis, and land development 1991
• Serial:
  • Transportation Research Record
  • Issue Number: 1305
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Computer programs; Construction; Costs; Crashes; Economics; Feasibility analysis; Heavy vehicles; Light vehicles; Maintenance management; Microcomputers; Motor vehicles; Operating costs; Present value; Spreadsheets; Traffic congestion; Traffic delays; Travel time; Trucks; Urban highways; Vehicle mix
• Uncontrolled Terms: Accident costs; Construction costs; Maintenance costs; Traffic segregation
• Subject Areas: Construction; Economics; Finance; Highways; Motor Carriers; Planning and Forecasting; Safety and Human Factors; Society; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00621766
• Record Type: Publication
• ISBN: 0309051150
• Files: TRIS, TRB, ATRI
• Created Date: Apr 30 1992 12:00AM