Unit Costs (Adjusted)

Equipment Costs for Parking Management (PM)

Note: Equipment list adjusted to 2009 dollars. The date in parentheses under the capital cost value and O&M cost value represents the dollar year from which the cost value was adjusted. All costs are in $K.
Unit Cost Element IDAS # Life
Years
Capital Cost
$K, 2009 Dollars
(Source Year)
O&M Cost
$K/year, Dollars
(Source Year)
Description
Entrance/Exit Ramp Meters
Index: 2
101 - 3
(1995)
0.1 - 0.3
(1995)
Ramp meters are used to detect and count vehicles entering/existing the parking facility. O&M costs based on annual service contract.
Tag Readers
Index: 2
101 - 3
(1995)
0.1 - 0.3
(1995)
Readers support electronic payment scheme. O&M costs based on annual service contract.
Database and Software for Billing & Pricing
Index: 3
1010 - 15
(1995)
1 - 2
(1995)
Database system contains parking pricing structure and availability. O&M costs based on annual service contract.
Parking Monitoring System
Index: 2
1016 - 35
(1998)
Includes installation, detectors, and controllers.
Other Unit Cost Elements
Index: -
----Summary values under development