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Home Economic evaluation manual 2007- Volume 1, Amendment 1 (road infrastructure) Appendix 12 - Update factors and incremental BCR A12.3 - Update factors for benefits

References

  • Planning, programming and funding
  • Economic evaluation
  • Procurement

A12.3 - Update factors for benefits

  • A12.1 - Update factors and incremental BCR
  • A12.2 - Update factors for construction and maintenance costs
  • A12.3 - Update factors for benefits
  • A12.4 - Target incremental BCR

A12.3 - Update factors for benefits

Benefit update factors

The factors for updating the benefit values in this manual are:

Table A12.2 Benefit update factors

Variable Base date Factor to adjust to July 2007
Travel time cost savings TT July 2002 1.14
Vehicle operating cost savings VOC July 2002 1.30
Accident cost savings AC July 2006 1.04
Comfort benefits CB July 2002 1.14
Driver frustration DF July 2002 1.14
Passenger transport user benefits PT July 2002 1.14
Walking and cycling benefits WCB July 2002 1.14
Travel behaviour change benefits TBhC July 2004 1.09
A7 passing lane procedure accident cost savings July 2002 1.16

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