The starting point for the development of the service area »Transportation economics« is the standardised evaluation of infrastructure projects, which we developed in our early phases and have continued to extend with the academic support from Professor Heimerl of the Institute of Transportation Research Stuttgart (VWI).
We have used the gained competences, to continuously expand our service spectrum. Starting with the evaluation of route investments for short-distance public transport, we have gained a broad experience background going as far as the cost-benefit analysis according to the EU evaluation procedure and the determination of the cost-benefit component for rail transit as part of the German federal transport masterplan.
Macroeconomic evaluations are no longer sufficient to aid decision making, when it comes to financing infrastructure projects with public funds. With ever more strained budgets for both commissioning and financing authorities, it is impossible to make a responsible decision without knowledge of the resulting lifecycle costs of a project.
Since version 2000, lifecycle costing has become an integral component of the standardised evaluation. As part of this, the income and expenditure flows of operating and infrastructure companies over a period of thirty years plus construction and planning phases are taken into consideration.
We have developed very extensive instruments to calculate the chances for success of a transport line, for the business optimisation of integrated short-distance public transport networks, with the following sub-modules
operation costs calculation,
prognosis for ticket revenues,
dividing income between the different operating companies and differentiating between individual lines.
Due to the fact that each of these modules is available within our own internal software, we are able to be very flexible and can adjust them for the implementation in various areas and for specific questions.