Introducing TREDIS-MBCA

Transcription

1 Introducing TREDIS-MBCA A Free Multimodal Benefit-Cost Analysis Tool Webinar: September 17, 2013

2 Why TREDIS-MBCA? Inspiration & Passion Give back to the community Clear need for consistent and accurate BCA methods Support grant programs with a multimodal BCA tool Leverage enhancements made to TREDIS interface 2

3 Agenda Topics What is TREDIS-MBCA? When to use TREDIS-MBCA How it compares with other tools Demonstration of TREDIS-MBCA How to obtain a free login Q&A 3

4 What is TREDIS-MBCA? Free stand alone tool: web-based multimodal user benefit-cost calculator Evaluates changes in travel time, travel cost, safety, air pollution and reliability Sketch planning tool for early stage assessment of projects Reflects first-order impacts of transportation system changes 4

5 What is TREDIS-MBCA? Opportunity for students to learn about transportation economic analysis Covers all Modes road rail air marine pedestrian bicycle custom modes Transparent results - trace through calculations of resulting public and private benefits and costs 5

6 What TREDIS-MBCA is Not MBCA does not reflect wider economic impacts or economic feasibility considerations MBCA does not contain the full TREDIS Suite Does not include: Economic Impact Analysis Public-Private Economic Feasibility Fiscal Impact Analysis Freight Flow Analysis 6

7 When to use TREDIS-MBCA? Support project funding and regulatory approval Show relative benefit of implementing or completing a proposed project Assess single project type with clear no build vs. build alternatives that have implications of other modes Evaluate projects with alternatives and varying travel characteristics Analyze multiple mode projects 7

8 How TREDIS-MBCA compares with other tools TREDIS covers basic volume, speed, distance and occupancy measures by mode, enabling multimodal analysis. But for further analysis of road only conditions, such as slope (percent grade) and pavement condition rating, analysts should turn to highway tools such as BCA.net 8

9 How TREDIS-MBCA compares with other tools For a comparison of the TREDIS subscriptions, go to: Or review TREDIS product information in the Products section of our website. TREDIS Product Comparison Table 9

10 Sample Project Overview Xandau City Intermodal Center Shift freight from Truck to Rail Reduce highway congestion Reduce costs Ruby Shoes Highway Port of Oz 10

11 Project Characteristics Freight Diversion: Benefit Categories Vehicle Operating Cost Savings - truck to rail 24 tons per truck vs. 3,000 tons per train Travel Time changes Slower rail speed Faster truck and car speeds on highway Congestion Reduction - cars and trucks on highway Freight Logistics Cost (supply chain) Opportunity Cost of Capital, Safety Stock, and Schedule disruption 11

12 Demonstration of TREDIS-MBCA 12

13 Sample Project Results $60M to upgrade rail line weight capacity from 263k to 286k pounds Lower cost of shipping ($35M) Speed Increase/Congestion reduction ($41M) Supply chain productivity increase ($21M) Environmental benefit ($2M) Benefit-Cost Ratio:

14 Info and Links to TREDIS-MBCA For more information and links to other helpful websites on transportation economics, benefit-cost analysis, and economic impact analysis, go to: 14

15 How to Obtain a Free Login Complete the Request form at 15

16 For More Information TREDIS Software Group 155 Federal Street, Suite 600 Boston, MA (617) TREDIS Knowledgebase: Follow us on 16