With increased pressure to justify spending, DOTs’ projects and programs must make economic sense. However, practice in assessing economic impact is inconsistent in the field. New software makes assessment more convenient, but it often leaves out important economic outcomes, such as property value change or economic transfer within a state or metro are. SSTI has worked with Center for Neighborhood Technology and several member DOTs to produce updated guidance designed to improve economic impact assessment. An online tool will take practitioners through a set of steps to help them select the best methods to produce the most valid estimates. CNT’s Sarah Campbell presents.
A recording of the webinar can be downloaded here.
The slides from the webinar are also available separately.