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Title: $GUIDELINES FOR ESTIMATING THE COST EFFECTIVENESS OF HIGH-OCCUPANCY VEHICLE LANES. INTERIM REPORT
Abstract: District offices of the Texas State Department of Highways and Public Transportation have sponsored research into high-occupancy vehicle (HOV) lane cost effectiveness in Houston, Dallas and San Antonio. Many of these projects have utilized the freeway operations simulation capabilities of the FREQ7 computer model as a tool to assist in the cost effectiveness assessment. This report documents the process used to derive guidelines for estimation of HOV lane project benefit/cost ratios. An extensive radial freeway FREQ7 model data base was combined with an economic analysis of benefits and costs for barrier-separated HOV lane facilities. The data are intended to provide information to highway and transit planners concerning the potential viability of HOV lanes. The guidelines developed offer a means of initially screening freeways to determine whether more detailed and costly HOV feasibility studies are warranted.