Results of the AMS ICM Phase 2 study for the ICM Pioneer site in Minneapolis, Minnesota.
Minneapolis, Minnesota, United States
Assuming a 10-year life cycle for all components, the total annualized cost for all the ICM deployments for the I-394 corridor is $0.47 million, which translates to $3.96 million in total life-cycle costs.
The subsystem costs are as follows:
|
Capital Costs | Annual O & M | Annualized Cost | Life-Cycle Costs |
Earlier Information Dissemination | $285,000 | $30,000 | $63,786 | $538,060 |
Transit Signal Priority | $457,106 | $85,346 | $139,535 | $1,177,024 |
Comparative (Mode & Route) Travel Times | $636,800 | $25,000 | $100,492 | $847,683 |
Park-and-Ride Parking Availability Info | $532,002 | $85,346 | $148,414 | $1,251,921 |
Parallel Arterial Signal Timing | $125,000 | - | $14,819 | $125,000 |
HOV Open to All (during major incidents) | $25,000 | - | $2,964 | $25,000 |
Total | $2,060,908 | $225,691 | $470,010 | $3,964,688 |
Adopted from Table 6.7: I-394 ICM Cost Details, Source: Mn/DOT
Integrated Corridor Management: Analysis, Modeling, and Simulation for the I-394 Corridor in Minneapolis, Minnesota
Initital capital costs: $2.06 million Yearly operations & maintenance costs: $0.23 million