Full-Cost Evaluation of the Northeast Transit Terminal in El Paso, Texas
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1996-11-01
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Edition:Interim
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Abstract:This report presents the results of an evaluation of the cost effectiveness of the Northeast Transit Terminal, an existing Sun Metro bus transit terminal located 23 km north of downtown El Paso, Texas. The evaluation of the transit terminal's cost effectiveness was conducted from a full-cost perspective and consisted of hypothesizing the amount of existing bus ridership that is attributable to the presence of the transit terminal. We first estimated the differences in the full life-cycle cost of transportation activity in the corridor between two hypothetical scenarios of reduced bus ridership and a scenario of existing conditions. These differences were then compared with the full life-cycle cost of the transit terminal. Our findings suggest that, from a full-cost perspective, reducing the number of single occupant vehicles (SOVs) using the corridor by even a small percentage would be sufficient to justify the construction of the Northeast Transit Terminal.
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