Washington Revised Code RCW 47.05.035: Demand modeling tools — Investment trade-offs — Factors for allocating revenue.
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(1) The department shall use the transportation demand modeling tools developed under subsection (2) of this section to evaluate investments based on the best mode or improvement, or mix of modes and improvements, to meet current and future long-term demand within a corridor or system for the lowest cost. The end result of these demand modeling tools is to provide a cost-benefit analysis by which the department can determine the relative mobility improvement and congestion relief each mode or improvement under consideration will provide and the relative investment each mode or improvement under consideration will need to achieve that relief.
(2) The department will participate in the refinement, enhancement, and application of existing transportation demand modeling tools to be used to evaluate investments. This participation and use of transportation demand modeling tools will be phased in.
(3) In developing program objectives and performance measures, the department shall evaluate investment trade-offs between the preservation and improvement programs. In making these investment trade-offs, the department shall evaluate, using cost-benefit techniques, roadway and bridge maintenance activities as compared to roadway and bridge preservation program activities and adjust those programs accordingly.
(4) The department shall allocate the estimated revenue between preservation and improvement programs giving primary consideration to the following factors:
(a) The relative needs in each of the programs and the system performance levels that can be achieved by meeting these needs;
(b) The need to provide adequate funding for preservation to protect the state's investment in its existing highway system;
(c) The continuity of future transportation development with those improvements previously programmed; and
(d) The availability of dedicated funds for a specific type of work.
(5) The department shall consider the findings in this section in the development of the ten-year investment program.
[2006 c 334 § 46; 2005 c 319 § 10; 2002 c 5 § 403; 1993 c 490 § 4; 1987 c 179 § 3; 1979 ex.s. c 122 § 3; 1975 1st ex.s. c 143 § 2.]
Notes:
| Effective date -- 2006 c 334: See note following RCW
47.01.051.
Findings--Intent--Part headings--Effective dates -- 2005 c 319: See notes following RCW 43.17.020.
Effective date -- 2002 c 5 §§ 401-404: See note following RCW 47.05.010.
Captions not law -- Severability -- 2002 c 5: See notes following RCW 47.01.012.
Severability -- 1979 ex.s. c 122: See note following RCW 47.05.021.
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