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Agenda - Council Work Session - 10/12/2021
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Agenda - Council Work Session - 10/12/2021
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3/14/2025 3:15:13 PM
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Meetings
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Agenda
Meeting Type
Council Work Session
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10/12/2021
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September 11, 2021 <br />Page 65 <br />Benefit -Cost Results <br />BCA Deta i l <br />Tables 16 — 19 provide itemized present value benefits and costs for each northwest metro <br />improvement concept. These benefits and costs are used to calculate the concepts net present value <br />and benefit -cost ratio defined as net project benefit divided by net project cost. <br />Table 16: Concept 1 Benefit -Cost Detail (millions of dollars) <br />Present Value <br />of Itemized Benefits <br />Present Value <br />of Itemized Costs <br />LVMT Savings <br />VHT Savings <br />Accident Reduction Benefits <br />Present Value of Total Benefits <br />Capital Cost Differential <br />Maintenance Cost Differential <br />Remaining Capital Value Differential <br />Present Value of Total Costs <br />-$68.62 <br />$138.50 <br />$95.96 <br />$165.84 <br />$237.86 <br />$4.37 <br />$76.81 <br />$165.42 <br />Benefit -Cost <br />Net Present Value <br />Benefit/Cost Ratio <br />$0.41 <br />1.00 <br />Table 17: Concept 2 Benefit -Cost Detail (millions of dollars) <br />Present Value <br />of Itemized Benefits <br />VMT Savings <br />VHT Savings <br />Accident Reduction Benefits <br />Present Value of Total Benefits <br />- $12 6.7 3 <br />$232.32 <br />$187.42 <br />$293.01 <br />Present Value <br />of Itemized Costs <br />Capital Cost Differential <br />Maintenance Cost Differential <br />Remaining Capital Value Differential <br />Present Value of Total Costs <br />$319.02 <br />$4.37 <br />$108.69 <br />$214.70 <br />Benefit -Cost <br />Net Present Value <br />Benefit/Cost Ratio <br />$ 78.31 <br />1.36 <br />Table 18: Concept 3 <br />Benefit -Cost Detail (millions of dollars) <br />Present Value <br />of Itemized Benefits <br />VMT Savings <br />- $35.98 <br />VHT Savings <br />Accident Reduction Benefits <br />Present Value of Total Benefits <br />$242.15 <br />- $111.18 <br />$95.00 <br />Present Value <br />of Itemized Costs <br />Capital Cost Differential <br />Maintenance Cost Differential <br />Remaining Capital Value Differential <br />Present Value of Total Costs <br />$148.47 <br />$4.37 <br />$69.83 <br />$83.02 <br />Benefit -Cost <br />Net Present Value <br />Benefit/Cost Ratio <br />$11.98 <br />1.14 <br />Northwest Metro Mississippi River Crossing Feasibility Analysis <br />
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