Question: A countermeasure is estimated to reduce the expected average crash frequency of fatal / injury by 3 crashes per year and the number of PDO

A countermeasure is estimated to reduce the expected average crash frequency of fatal/injury by 3 crashes per year and the number of PDO crashes by 10 per year over the service year of the project. What is the annual monetary benefit associated with the crash reduction? Assume, discount rate 2.5%, and service year 10 years.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Civil Engineering Questions!