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At a glance
- This Mode Specific Guidance – Public Transport outlines methodologies for the economic appraisal of public transport initiatives, principally those in metropolitan (urban) areas. Its focus is on those aspects for which specific modal guidance on public transport is appropriate (supplementing the general methodology guidance provided elsewhere in the ATAP Guidelines).
- Following the introductory chapter, chapter 2 covers aspects of methodology for the estimation of travel demand (but excluding multi-modal modelling methodologies). Topics addressed include market research methods, demand estimation for initiatives using elasticity and diversion rate methods, and allowance for patronage ramp-up effects for new initiatives.
- Chapter 3 outlines aspects of cost-benefit analysis methodology and its application specific to the economic appraisal of public transport initiatives,
- Chapter 4 focuses on methods for estimating the economic benefits of public transport initiatives. Aspects covered include methods for estimating changes in consumer surplus, the implications of traveller misperceptions of the economic costs of travel, and other benefits of public transport initiatives (including environmental impacts, wider economic benefits, option values and non-use values, and transport disadvantage and equity aspects).
- Chapter 5 sets out default unit parameter values for application in assessing the economic benefits of initiatives to public transport users.
- Chapters 6 and 7 cover the suggested approach to estimation of capital and recurrent (operating) costs of public transport initiatives, and include guideline cost rates for public transport infrastructure, vehicles (rolling stock) and operational costs.
- Chapter 8 provides guidance on the measurement and monitoring of public transport system and service performance.