Economic evaluation of cycle projects : methodology and unit prices : summary.

Author(s)
COWI A/S
Year
Abstract

In order to evaluate cycling on equal terms with other modes of transport and improve the foundation for prioritization of resources for transportation, it is necessary to establish a methodological basis as well as unit prices for cycle transport. The City of Copenhagen asked COWI to take the first steps in this direction by carrying out a project for evaluation of cycle initiatives. The purpose of the project was to: Establish an initial methodological foundation for economic cost-benefit analyses (CBA) of cycle initiatives in the form of unit prices; Carry out cost-benefit analyses of two cases (Bryggebroen and the intersection in Gyldenløvsgade) on the basis of these unit prices; Evaluate potential network effects arising from cycle projects. The established unit prices are evaluated on a general term based on existing material and - in the cases where the existing material was limited - best guess assumptions. Hence, the results should be perceived as a first rough estimate of the unit prices for cycle economics. (Author/publisher)

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Publication

Library number
20111056 ST [electronic version only]
Source

Kongens Lyngby, Denmark, COWI A/S, 2009, 11 p.; Working Paper

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.