You are proposing a bridge project connecting two states with a high trade level ($2 billion annually). Currently, on an annual basis, trucks transport goods around the river which is a 120 mile route taking approximately 2 hours to drive. Building a bridge would make this trade more efficient. Additionally, it is expected that many of the citizens will also have access to use of the bridge. Bridge plans have been put together by 3 engineering firms estimating costs in the range between $1.0 - $1.3 billion. The bridge has 2 lanes in each direction which can handle 100,000 cars per day each way. 

Given the above, prepare an executive summary describing the importance of the project. From what sources will this project be funded? Prepare and describe the results of your Cost-Benefit Analysis. What financial challenges should you address? What are the critical assumptions in the financial model you’ve developed?

 

 

Answer rating: 100% (QA)

Executive Summary The proposed bridge project represents a significant infrastructural upgrade that directly addresses the demands of a hightrade envi... View the full answer