Connected Vehicle Pilot Deployment Program Independent Evaluation: Financial and Institutional Assessment—Wyoming
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2022-08-15
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Edition:Research Report
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Abstract:This report presents the financial and institutional evaluation of the Wyoming Connected Vehicle Pilot Deployment (CVPD) conducted by the Texas A&M Transportation Institute (TTI) CVPD Evaluation Team. 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 deployments. The financial evaluation also looked at the likelihood that the Wyoming pilot site would achieve financial sustainability, including identifying the key factors that influence financial sustainability and the 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 Wyoming CVPD, including the systematic evaluation of the effects of institutional changes in Wyoming to identify potential strategies to minimize institutional risk. The TTI Evaluation Team also worked to identify to what extent the Wyoming CVPD was able to address identified institutional risks.
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