Benefit

An evaluation of the Maryland Commercial Vehicle Information Systems and Networks program indicated the program would have a benefit-to-cost ratio ranging from 3.17 to 4.83 over a 10 year lifecycle.


November 1998
Statewide,Maryland,United States


Summary Information

This report describes the benefit-cost analysis of the Commercial Vehicle Information Systems and Network (CVISN) program in Maryland. The results are presented in the form of estimated benefit-to-cost ratios. The ratios are based on a ten-year lifecycle for the project, with full deployment of the system in year 1 and participation in the program by industry increasing gradually in the first years, more rapidly in the middle years and leveling off in the final years of the lifecycle. Findings include:
  • An overall benefit-to-cost ratio ranging from 3.17 to 4.83.
  • Credential processing benefit-to-cost ratio between 1.93 and 3.00.
  • Roadside operations of safety enforcement with a benefit/cost ratio between 4.01 to 6.08.
  • The benefit-to-cost ratio for state agencies is between 1.41 and 1.66.
  • Commercial motor carrier industry achieving a benefit-to-cost ratio between 6.49 to 10.71.


Notes:
See also:

Perceived Benefits and Utilization of Technology: A Comprehensive Survey of the Maryland Motor Carrier Industry.

Benefit-Cost Assessment of the Commercial Vehicle Information Systems and Networks (CVISN) in Maryland

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Source

A Report to the Maryland General Assembly Senate Budget and Taxation Committee and House Appropriations Committee regarding Commercial Vehicle Information Systems and Network

Author: Maryland DOT

Prepared by the Maryland DOT for the Maryland General Assembly

Source Date: November 1998


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Benefit ID: 2000-00142