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Appraisal, Evaluation and Economic Feasibility

Economic appraisal and feasibility studies are an important tool in evaluating projects which are competing for limited funds, be it public or private or a combination of both. Economikr’s specialty in appraisal and evaluation projects covers a wide range of transport-related issues, and includes public transit project, rail, road capacity, road widening and road construction projects. Our in-depth knowledge of theoretical and practical developments in appraisal and evaluation enables us to transfer best practice across different policy domains.

Economic Feasibility Study of the CA-02W Road in Honduras

This project included the economic analysis of Central American Highway, in its western section in Honduras. Economic analysis was performed using the HDM World Bank model, and included several road engineering alternatives.

Economic Feasibility within Pavement Management Systems

Economikr's Pavement Management Systems (PMS) all include economic feasibility evaluation of several (ranging between 6 and 150) economic/engineering alternatives, for all the road projects in the relevant road network (ranging from 300 to 11,000 road projects). These alternatives are differentiated by the type of treatment applied (asphalt overlay, whitetopping, slurry seal, double surface treatment, road upgrading are examples), timing, and additional factors. The evaluation of economic alternatives serve as a prior step to economic optimization under various kinds of constraints.


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