Summary
This deliverable deals with the economic evaluations from the community point of view. The CBA will apply the economic model at the case study level via UBOC’s own assumptions on unit costs that are not disclosed, and investigate the public convenience of the project, including effects which are normally not priced in the market (such as safety and environmental sustainability) by means of techniques complying with the EC Guidelines; and producing aggregate indicators such as the project’s Net Present Value, Internal Rate of Return and Benefit/Cost Ratio.
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