NJ transit process for evaluating capital projects.

Author(s)
d'Oro, D.
Year
Abstract

In June 1987 NJ TRANSIT proposed a $1.3 billion plan for rail and bus improvements that would handle projected growth in trans-Hudson commuting traffic. To evaluate projects, NJ TRANSIT used standard financial cost/benefit analysis techniques and considered the major impact of transportation investments on New Jersey's growing economy. Among the concerns commonly faced by a public agency is the weighing of the public policy benefits of an investment along with its cost-effectiveness and efficiency.

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Publication

Library number
C 16524 (In: C 16516 S) /72 / IRRD 828142
Source

In: Transit issues and recent advances in planning and operations techniques : a peer-reviewed publication of the Transportation Research Board TRB, Transportation Research Record TRR No. 1202, p. 57-65, 6 ref.

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