Cost-benefit
analysis
Dividing
the estimated project costs by the expected service level improvement,
we obtain simple cost/benefit ratio.
Project |
|
points
(segments) |
points
(intersections) |
Regents
Road bridge |
$36.0
million |
4.5 |
4.0 |
Genesee
Avenue widening |
$24.5 million |
9.5 |
5.5 |
Genesee
Avenue underpass |
$19.0 million |
0.0 |
4.5 |
A graph of the cost/benefit comparisons of the bridge and widening
projects is shown here:
|