ROUTES Webinar - BCA
ROUTES Webinar - Benefit Cost Analysis (BCA) for Rural Projects
December 16, 2020
Benefit Cost Analyses (BCAs) are required for most discretionary grants at USDOT, and can be one of the most challenging parts of the application. BCA is a systematic process for identifying, quantifying, and comparing expected benefits and costs of a potential infrastructure project. The information provided in the applicants’ BCAs will be evaluated by USDOT and used to help ensure that the available funding under the programs is devoted to projects that provide substantial economic benefits to users and the nation as a whole, relative to the resources required to implement those projects.
This webinar provides an overview of what BCAs are and what USDOT is looking for in grant applications, data resources that applicants can use to develop BCAs for their projects, and examples of how a BCA can be approached. It is geared towards potential applicants who are less familiar with the BCA process, but all are welcome.
More information about the Office of the Chief Economist, including a link to the most recent BCA guidance, can be found here.
The slides are available here.