Project Description

HEATCO – Developing Harmonized European Approaches for Transport Costing and Project Assessment

HEATCOlogoHigh quality facilities for transportation are of vital importance to the economy and the environment. However, there are still no clear guidelines for evaluating the costs and benefits of transport investments and policies agreed among EU Member States. While national evaluation frameworks exist, these methods are inadequate to address specific EU challenges such as cross-border effects or competitiveness. There is a clear need for an unambiguous and harmonised framework for socio-economic evaluation of transport policies. Although first steps were taken in the EUNET and IASON projects, further integration between existing methods and practices is necessary and will be addressed in HEATCO. HEATCO’s primary objective is the development of harmonised guidelines for project assessment and transport costing on EU level.For further information, please visit the website.

*Co-Funded by the EU

To develop a set of harmonised guidelines for project assessment and transport costing on the EU level in the following areas:

  • Value of time and congestion
  • Value of accident risk reduction
  • Costs from health impacts and costs of other nuisances due to pollutants and noise
  • Wider economic effects, i.e. indirect effects
  • Infrastructure costs
  • General CBA aspects; e.g. inter- and intragenerational distribution, risk and uncertainty
  • To perform case studies on a number of TEN transport infrastructure projects.
  • To assist literature review and state-of-the-art practices on pricing of transport system
  • Institute of Energy Economics and the Rational Use of Energy (IER), DE
  • Budapest University of Technology and Economics (BUTE), HU
  • E-CO Partner a.s. (E-CO), NO
  • Ecoplan, CH
  • Equipo de Investigación en Economía de las Infraestructuras y del Transporte (EIT), ES
  • Büro Dr. Max Herry (Herry), AT
  • Institute for Transport Studies (ITS), UK
  • National Technical University of Athens (NTUA), GR
  • (Sudop), CZ
  • (TNO), NL
  • Department of Economics and International Development, University of Bath (UBath), UK
  • Swedish National Road and Transport Research Institute (VTI), SE