Sensitivity Analysis of Light Rail Transit Unit Capital Costs

Alan Hoback

3 citations0/0 files storedTransportation Research Board 87th Annual MeetingTransportation Research Board

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transportation and logistics systems Transportation Planning and Optimization Transport and Economic Policies

Abstract

Costs for 24 light-rail transit (LRT) lines and extensions were analyzed with a sensitivity analysis to find unit costs for types of right-of-way (ROW) construction. Data about light rail systems was rigorously checked from multiple sources. A sensitivity analysis was used to limit the error and arrive at the final unit costs for each ROW type. A tool for estimating costs in feasibility studies was produced. The tool had an average error of 6% for the projects studied.

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2003Megaprojects and Risk 1996TRANSIT AND URBAN FORM. VOLUME 1. PART I: TRANSIT, URBAN FORM, AND THE BUILT ENVIRONMENT: A SUMMARY OF KNOWLEDGE. PART II: COMMUTER AND LIGHT RAIL TRANSIT CORRIDORS: THE LAND USE CONNECTION 1985ESTIMATES OF RAIL TRANSIT CONSTRUCTION COSTS

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