This paper describes research for Land Transport New Zealand (Land Transport NZ) and the Energy Efficiency and Conservation Authority (EECA), which reviewed New Zealand and international TBhC procedures and experience, and developed an appraisal procedure and guidelines for practitioners in New Zealand. An economic appraisal procedure was required that achieved an appropriate balance between the requirement for procedures that are consistent with Land Transport NZ’s funding allocation process and are evidence based, yet are simple to understand and apply and involve an analysis effort that is in proportion to the scale of the proposed projects. A Guidance Handbook was also prepared that provides advice on types of projects, components, and preconditions that have been found to be successful or unsuccessful in New Zealand and overseas, in the preparation of evaluations and funding applications, design of before and after monitoring programmes, and a listing of relevant sources of further guidance for developing successful TBhC proposals. (a) For the covering entry of this conference, please see ITRD abstract no. E213716.
Samenvatting