Sensitivity Analysis of Light Rail Transit Unit Capital Costs

Costs for 24 light-rail transit (LRT) lines and extensions were analyzed with a sensitivity analysis to find unit costs for types of right-of-way (ROW) construction. Data about light rail systems was rigorously checked from multiple sources. A sensitivity analysis was used to limit the error and arrive at the final unit costs for each ROW type. A tool for estimating costs in feasibility studies was produced. The tool had an average error of 6% for the projects studied.

• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Hoback, Alan S
• Conference:
  • Transportation Research Board 87th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2008-1-13 to 2008-1-17
• Date: 2008

Language

• English

Media Info

• Media Type: DVD
• Features: Figures; References; Tables;
• Pagination: 10p
• Monograph Title: TRB 87th Annual Meeting Compendium of Papers DVD

Subject/Index Terms

• TRT Terms: Capital costs; Capital investments; Cost estimating; Financial analysis; Financing; Light rail transit; Line extensions (Rail transit); Public transit; Right of way (Land); Sensitivity analysis
• Subject Areas: Finance; Public Transportation;

Filing Info

• Accession Number: 01089315
• Record Type: Publication
• Report/Paper Numbers: 08-0024
• Files: TRIS, TRB
• Created Date: Feb 28 2008 9:06AM