Cost / TMT Reduction
Benefits of a project are an important factor for consideration which help the TRAC understand the value an individual project provides to the citizens of Ohio. This factor is intended to quantify project value and convert that value into a score. This is done by calculating a cost to TMT reduction. Project benefits are ascribed a the monetized value of the project benefits compared to the total estimated cost.
The cost to TMT reduction will be calculated by ODOT for Feight projects. The calculation will seek to quantiy a unit cost for removing one truck mile trveled and replacing iw tha a rail, water or air trip.