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U.S. Department of
Transportation
Research and Innovative
Technology Administration
Safety Policy Roadmap: Cost-Benefit
Analysis and Regulatory Support
§Objective: Develop comprehensive analysis of total benefits and costs of
implementing a connected vehicle
environment. Develop a rigorous
benefits-cost framework for making a NHTSA
agency decision.
§Steps/Milestones:
□Vehicle Fleet Model/Market
Penetration Analysis:
▪Update fleet model/
conduct market penetration analysis to estimate adoption rates: now – Summer 2013
□Value Propositions:
▪Identify the direct
financial impacts for different stakeholder/industry groups (e.g. OEMs, State and local transportation agencies, transit
agencies, trucking companies): now – Summer 2012
□Impact Analysis
▪Using Safety Pilot
results , cost models, value propositions, conduct an analysis on the economic and societal impact of a NHTSA agency
decision: starts October 2013
▪Progress/Accomplishments:
□Updated fleet model, developed cost estimate of
retrofit option, and in process of assessing aftermarket device options.
□Developed framework for value propositions: Starting truck and transit, NCHRP study for State and local agencies.