Drawing on the core strengths of Benchmark engineers and software
- We have the expertise and innovative software to handle even the most challenging cost/benefit analyses, however complex the project
- Through our thorough understanding of both construction and maintenance costs, we are able to give our clients a clear understanding of the financial implications incurred by various design and project options
- Our templates and reports always outline the inputs, processes and outputs used in developing our economic evaluation
- We clearly outline what information and inputs are needed from the client during the development of a particular project
Benchmark cost-benefit analysis in action
A recent economic evaluation we undertook for a proposed transport initiative provides a good illustration of how our services work.
The project involved the following inputs.
- Project costs including comparison to a base case
- Construction delivery timing
- Maintenance costs
- Evaluation period (30 years)
- Discount rates (including sensitivity analysis)
- Traffic volumes (including heavy vehicles)
- Benefits for the project such as crash cost savings and travel time savings
