Highway-Rail Crossing Handbook
economic-benefit-cost-analysis — Economic Benefit-Cost Analysis
Crossing Handbook · Chapter 3 — Treatment Selection Guidance. Full current text with cross-references on BuildSpec.
ECONOMIC BENEFIT-COST ANALYSIS An economic analysis may be performed to determine possible alternative improvements that could be made at a highway ‑rail crossing. The FHWA Highway Safety Benefit Cost Analysis Guide(43) and companion Highway Safety Benefit Cost Analysis Tool(44) and support materials available at the FHWA Highway Safety Improvement Program (HSIP) website can be used by practitioners to evaluate safety improvement alternatives. Practitioners need to assemble information on the following elements, using the following best available facts and estimates: • Collision costs •…
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