United States Department of Transportation
i
Connected Vehicle Pilot Deployment Program Independent Evaluation: Financial and Institutional Assessment—New York City
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2022-08-23
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[PDF-823.37 KB]
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Edition:Research Report
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Abstract:This report presents the financial and institutional evaluation conducted by the Texas A&M Transportation Institute (TTI) Connected Vehicle Pilot Deployment (CVPD) Evaluation Team of the New York City (NYC) CVPD. The purpose of the financial evaluation was to assess the changes in the financial settings, frameworks, models, elements, and associated impacts from the planned and implemented connected vehicle (CV) deployments along with an evaluation of the likelihood that the NYC pilot site achieved financial sustainability, including identifying the key factors that influence financial sustainability and identifying key metrics for measuring and evaluating the achievement of financial sustainability, particularly due to changes in the underlying financial and business inputs. The purpose of the institutional evaluation was to assess the organizational changes that stem from the NYC CVPD, including the systematic evaluation of the effects of institutional changes in NYC to identify potential strategies to minimize institutional risk. Six factors were the target of the institutional evaluation: (a) governance, (b) public partnerships, (c) private partnerships, (d) organizational efficiency, (e) legislation, (f) industrial organization. The TTI CVPD Evaluation Team also worked to identify to what extent the NYC CV Pilot site was able to address identified institutional risks.
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