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Expertise

Transport Economics

The evaluation of economic and financial benefits is a critical part of the assessment of transport projects: it is fundamental to demonstrate to the public sector that projects have benefits to society and the private sector needs to make sure that it derives a financial gain from its investment.

Our experts provide cost/benefit and financial analysis of costs/revenues for new projects in the road, rail and water markets. The benefits and revenues are usually derived from an assessment of demand using transport forecasting techniques.

In the rail and water sector we evaluate the value of grant applications made for improving existing facilities. We also work closely with colleagues in planning and development assessing the transport and economic issues relating to expansion of towns and development of areas

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