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Alternative Title:US DOT/Volpe Center benefit-cost summary
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Edition:Draft
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NTL Classification:NTL-INTELLIGENT TRANSPORTATION SYSTEMS-INTELLIGENT TRANSPORTATION SYSTEMSNTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE
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Abstract:Over 60 individual ITS projects were defined in four "model" cities for purposes of conducting benefit-cost evalations of deployments under the USDOT's Metrolpolitan Model Deployment Initiative (MMDI). The federal government provided funds for deployment, and in return requested particpation in the evaluation of the projects. Benefit-cost was one of several approaches to evaluation, the others including customer satisfaction, safety, efficiency and throughput, institutional benefits, and intergration of ITS components.
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