Business Case

A sound ‘business case’ is absolutely essential to secure necessary funding for any transport-related intervention. With rapidly changing business case requirements and appraisals, a wider range of potential social, environmental, economic costs and benefits are being brought into scope. Expert advice is key when changing methodologies for cost benefits analysis.

Waterman has a strong understanding of the rationale behind investment decisions, economic appraisal and preparing the business cases for schemes.  We are fully abreast of the latest guidance and evaluation techniques, and we take a holistic approach to economic appraisal – fully capturing wider benefits and costs, in addition to balancing quantitative and qualitative outputs to inform scheme promotors and assist decision makers.

We have the necessary in-house expertise to prepare demand and revenue forecasts, estimate scheme capital costs, undertake traffic modelling, carry out environmental assessments and prepare financial net-present value models for schemes. This includes the application of industry standard software such as COBA, QUADRO and TUBA where appropriate.