Abstract: As part of an ongoing research effort to evaluate high occupancy vehicle (HOV) lanes in Texas, an assessment of HOV-lane cost effectiveness was conducted using MicroBENCOST, a planning-level, economic-analysis tool developed under National Cooperative Highway Research Program Project 7-12. Extensive traffic- and construction-cost-data collected from barrier-separated HOV lanes in Texas were used in the analysis to obtain the most reliable results. In all cases, the barrier-separated HOV lanes operating in Texas produced benefits outweighing the costs over a 20-year life. Resulting benefit-to-cost ratio (B/C) values ranged from 8 to 78. The HOV lane improvement also resulted in an equal or higher B/C than the general-purpose-lane alternative for all facilities.
Publication Year: 1998
Publication Date: 1998-09-01
Language: en
Type: article
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Cited By Count: 1
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