Cost / VMT 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 VMT reduction. Project benefits are ascribed a the monetized value of the project benefits compared to the total estimated cost.
The cost to VMT reduction will be calculated by ODOT for transit projects. The calculation will seek to quantify a unit cost for removing one vehicle mile of traffic from the transit corridor.