Exploring transportation investment frameworks

Investing in transportation: Doing more with less

The US in recent years has experienced a decline in transportation infrastructure spending, making it more difficult to create
 new infrastructure or to maintain what already exists. To learn how other countries use transportation investment frameworks to allocate scarce public funds, the US Department of Transportation asked PwC to analyze approaches in five countries.

Our survey looks at the UK, Australia, and Japan, based on the currency and relevance of their transportation investment frameworks as well as for their use of quantitative and qualitative appraisal models. We also study Sweden and Canada to evaluate less quantifiable benefits such as livability, sustainability, and environmental impacts.

     

Transportation investment frameworks align investment policy and resources

These frameworks typically cascade from an overarching government-wide view to a focused project-level view. Each level aligns investment policy objectives and resources to ensure successful project delivery.

      

 

     

The role of appraisal models

Single or multiple appraisal models are used in the investment decision process to assess the merit of various transportation projects.

 

 

Setting a national infrastructure framework vision

In several of the countries surveyed, a national body sets the vision for infrastructure investment. For example, Infrastructure UK, established in 2010, creates long-term plans to address national infrastructure needs, coordinating future investment in research, development and innovation.

 

 

Contact us

Daryl Walcroft
Principal, US Capital Projects & Infrastructure Leader
Tel: +1 (415) 498 6512
Email

Peter D. Raymond
Principal, Capital Projects & Infrastructure, Global Leader
Tel: +1 (703) 918 1580
Email

Riz Shah
Principal, US Capital Projects & Infrastructure Public Sector Leader
Tel: +1 (202) 730 4242
Email

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