At the core of Moody's assessment are the economics of the project and whether or not it is self-supporting. Moody's will "assess the balance between the cost of developing and operating a project and the revenues it is expected to generate over its useful life". Due diligence will include a review of:
■ Location of road;
■ Link to population centers and employment dispersion patterns;
■ Type of road and necessity of road to service area population;
■ Potential users and their socio-economic characteristics;
■ Price elasticity/inelasticity in the demand,
■ Diversity of user base;
■ Economic diversification of the service area;
■ Competition (current and planned);
■ and size of the project.