11.8 - Period of analysis
- 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
11.8 - Period of analysis
Introduction
Timing of project start is an important consideration for projects involving private sector financing and/or road tolling. These strategies are often used to allow an earlier start for the project than that which would apply without these funding sources. The analysis period (see section 3 of volume 1) for all project options should be extended to capture the project benefits over the useful life of all the options.
With projects involving private sector financing, and particularly tolling, there is usually also an incentive for early completion of the project as revenue starts to accrue upon completion of the project.
