Technical guidance

Cost-benefit analysis technical guidance

Transport for NSW developed a suite of technical guidance to support the development of cost-benefit analysis across the transport cluster.

This suit of guidance is regularly updated. For information and feedback, please contact the TfNSW Economic Advisory team at EconomicAdvisory@transport.nsw.gov.au.

Economic Parameter Values

This document provides the latest economic parameter values used to build economic model and estimate the benefits of initiatives across the NSW Transport cluster. 

Movement and Place Evaluation Guide

This document provides a framework and methodologies for estimating placemaking benefits of transport projects. It provides technical guidance on evaluating benefits of transport initiatives in relation to city-shaping, placemaking, active transport, micromobility, thirty-minute cities and fifteen-minute neighbourhoods. It provides guidance how estimated benefits can be used to justify investments in business cases and outcome-based reporting.

Cost Escalation Indices

This document provides cost escalation rate forecasts for construction of road and rail projects, and maintenance and operating cost for the NSW Transport cluster infrastructure projects.  

Problem Cost Technical Note

This document provides guidance for monetising the problem cost in a transport network. It is a useful guide to prepare Infrastructure Priority List submissions to Infrastructure Australia.

Technical Note on Assessing the Impacts of COVID-19 for Business Cases

This document provides guidance for undertaking sensitivity tests of Cost-Benefit Analysis results to understand the potential impacts of COVID-19 on long term transport trends. This Technical Guide is under review to incorporate changes of Travel Zone Projection (TZP) 2022 to be implemented.

Freight Benefits Guidelines

This document provides guidance on how to capture benefits of Transport projects that accrue to freight customers. It provides technical guidance and examples of the applicability of these benefits. 

For any questions or feedback please email freight@transport.nsw.gov.au.

CBA Technical Note on Vehicle Operating Cost (VOC)

This document provides a recommended approach for calculating road vehicle operating costs for cost-benefit analysis of NSW Transport cluster projects.

The Excel Tools accompany Transport for NSW Technical Note on Calculating Road Vehicle Operating Costs and can be used for estimating the vehicle operating costs for vehicles travelling on urban and rural roads.