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Proven Safety Countermeasures: Funding Scenario Companion Guide

File Language:
English


Details

  • Corporate Creators:
    United States. Department of Transportation. Federal Highway Administration
  • Subject/TRT Terms:
  • Publication/ Report Number:
    FHWA-SA-25-007
  • Resource Type:
    Tech Report
  • Right Statement:
    Public Domain
  • Geographical Coverage:
    United States
  • Corporate Publisher:
    United States. Department of Transportation. Federal Highway Administration
  • Abstract:
    Imagine your agency’s leadership gave you $100 million to improve safety in your community, jurisdiction, or State. How would you spend it? What combinations of improvements can you add to your system with that budget that maximizes the reduction in fatalities and serious injuries? The Federal Highway Administration (FHWA) developed a Proven Safety Countermeasure (PSC) Investment Tool, Companion Guide (this document), and Funding Scenario Briefing Templates. The tool, companion guide and templates can be used as a starting point and provide high-level planning insights for safety engineers, planners, and program managers to estimate how investments into certain countermeasures will affect safety performance on the system. The PSC Investment Tool is a spreadsheet that agencies can use to develop investment strategies for implementation of the FHWA PSCs. The Tool includes options for two economic metrics to optimize high-level planning decisions – benefit-cost ratio (BCR) and countermeasure score (CM Score). Using these metrics can enhance the confidence that a user is allocating their funds in a way that maximizes reductions in fatalities and serious injuries. This tool facilitates a high-level planning exercise, allowing an agency to estimate the return on investment for a certain countermeasure or combination of countermeasures, including lives saved, serious injuries prevented, and number of treatments which will be installed. Agencies can then take these initial insights and identify the most appropriate sites for each countermeasure, advancing these to the project development process. This Companion Guide provides an explanation of the methodologies used for investment prioritization and explains how to use the PSC Investment Template spreadsheet tool. Specifically, the Companion Guide includes a description of FHWA’s PSCs and how they are incorporated into the tool, how BCR and CM Score are calculated and applied in the Template, the Template’s data needs depending on whether an agency is using BCR or CM Score, the step-by-step process of using the Template, and potential applications of the Template for State and local agencies. Additionally, agencies can update the Funding Scenario Briefing Templates with agency-specific estimates to serve as documentation, which can be shared with leadership and other stakeholders who may be involved in decision-making.
  • Format:
    PDF
  • Collection(s):
  • Main Document Checksum:
    urn:sha-512:b9640a59e27d584d58aab5656723389615ae050a5cef67b871de3789dff01b6afbe1c08a7b68cdd6b306022b76a1c7bb9353d367844101eaff490016207ecba1
  • Download URL:
  • File Type:
    Filetype[PDF - 2.74 MB ]
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