Bus Route Costing Procedures: A Review

Federal Transit Administration 50th Anniversaryhttps://doi.org/10.21949/15272861981PDFTech ReportCherwony, W.Gleichman, G.Porter, B.Booz Allen HamiltonUnited States. Urban Mass Transportation AdministrationUnited States. Department of Transportation. Urban Mass Transportation AdministrationWashington (District of Columbia);United StatesBus transitCost estimatingEstimatingPlanningRoutesFinanceHighwaysOperations and Traffic ManagementPlanning and ForecastingPublic TransportationI10: Economics and AdministrationI72: Traffic and Transport PlanningUMTA-IT-09-9014-81-1Intrm Rpt.Interim ReportMany transit systems currently develop cost estimates as part of their bus service planning process. The systems use a wide variety of cost estimation techniques, and no single technique is accepted as more accurate or reliable than others. To assist these systems, the Office of Planning Assistance of the Urban Mass Transportation Administration, has initiated a study of cost estimation techniques for bus service planning. The purpose of this study is to develop a manual of costing procedures that will enable transit systems to accurately estimate the incremental cost of planned service changes. This document is the first Interim Report from the study and it includes a review of existing cost estimation techniques and an evaluation of applicability of these techniques to the service planning process.138