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Road and Vehicle Economics

In Europe, our studies are more of a modelling with a very practical nature - vehicle operating costs of specialized vehicles (lorries for carrying timber) and pavement management systems calibrated to local use, as in the case of Romania. Our modelling utilised the approach of using existing models, such as the World Bank's RED (Road Economic Development) model and HDM (Highway Design and Maintenance) model, and the AASHTO deterioration curve model for flexible pavements.

Pavement Management System in Romania

A government-level PMS project under the auspices of Search, Ltd. included translation of software programs to accommodate various engineering requirements from Romanian-based clients. 

Economic Analysis of New Vehicle Types on a Rural Road (Eskdalemuir) in Scotland

This project focused on economic analysis of new type of truck (lorry) designed to transport timber. Performed for Roughton International, under subcontract to ITINERIS Global, a Colombian infrastructure company.


economic feasibility, economic feasibility study, transport economics, energy economics, environmental economics, economic consultant, economic consultancy, economic analysis, master plans, asset management systems, pavement management systems, economic evaluation, ranking and optimization, demand and supply assessment, demand and supply forecasting, economic modeling and research, benefit/cost analysis, economic performance indicators, development impact, investment optimization, economic models, engineering models, multi-modal analysis, forecasting tools, economic appraisal and evaluation, Pavement Management Systems, Road Management Systems, Port Management Systems, Bridge Management Systems, budget analyses, cost-benefit analyses, evaluation of transport infrastructure, market structure assessments, project planning and budget prioritization programs, prioritization, ranking, World Bank, HDM, economic impact analysis, road safety