Detailed Monetised Benefits ($m, real, undiscounted) Complete the following table and set out the values in the base case and the option case from which the benefit is calculated for each forecast year. Please reproduce this table for all modes. | ||||||
| Base Case | Option | ||||
20XX | 20XX | 20XX | 20XX | 20XX | 20XX | |
Benefit 1 ($M, real, undiscounted) | .... | .... | .... | .... | .... | .... |
Benefit N ($M,real, undiscounted) | .... | .... | .... | .... | .... | .... |
Complete the following table by providing full details on the methodology used to calculate each benefit stream. You should reproduce this table for each benefit item for one forecast year. | ||||||
Benefit 1, 2, 3 etc. | Base Case Forecast Year (20XX) | Option Forecast Year (20XX) | ||||
Demand model output(s) | (e.g. wait time, IVT, VKTs etc) | (e.g. wait time, IVT, VKTs etc) | ||||
Valuation parameter used and source | e.g. VOC $/VKT, VOTT, Value of serious injury Source? | e.g. VOC $/VKT, VOTT, Value of serious injury Source? | ||||
Algorithm used to calc. values in base case and option case | (combine model outputs and economic parameters to replicate value in the Detailed Monetised Benefits Table above) | (combine model outputs and economic parameters to replicate value benefit in the Detailed Monetised Benefits Table above) | ||||
$M (undiscounted) | .... | .... | ||||