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Home Economic evaluation manual 2005 - vol 2 (demand management & transport services) Ch 11 Evaluation of private sector financing and road tolling

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EEM2 (TDM & transport services) Ch 11 Evaluation of private sector financing and road tolling

Summary

This chapter describes methods for evaluation of projects involving private sector financing, and road tolling projects.

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  • 11.1 - Evaluation of private sector financing and road tolling
  • 11.2 - Method of evaluation
  • 11.3 - Stages of analysis
  • 11.4 - Do minimum
  • 11.5 - Travel impacts
  • 11.6 - Costs
  • 11.7 - Benefits
  • 11.8 - Period of analysis
  • 11.9 - Financial evaluation
  • 11.10 - Cost benefit evaluation
  • 11.11 - Alternatives and options
  • 11.12 - Sensitivity and risk analysis
  • 11.13 - References

11.1 - Evaluation of private sector financing and road tolling

Introduction

This chapter describes methods for evaluation of projects involving private sector financing, and road tolling projects. Chapter 2 describes road tolling.

Private sector financing and tolling provide alternatives to government funded transport infrastructure. Reference 3 provides guidance on private sector participation in provision of public infrastructure.

In New Zealand, road tolling can currently only be used in conjunction with a new road and this will generally be within a network of otherwise ‘free’ roads. This has implications for:

  • traffic distribution/assignment
  • environmental impacts
  • economic efficiency
  • financial – toll level and fundability of the new road
  • design of the new road and toll facility.
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