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Title:An Analysis of the Benefits and Costs of Rehabilitating the Wahpeton-to-Independence Rail Line
Authors:Denver Tolliver and Brian Lindamood
Publication Date:Aug 1989
Report #:SP-96
TRID #:01848097
Keywords:benefit cost analysis, rehabilitation (maintenance), short line railroads
Type:Research Report – Staff Papers



The line was analyzed using a new short line benefit-cost procedure developed at the Upper Great Plains Transportation Institute. The project is actually part of a series of capital projects on the line. The overall benefit-cost ratio for the projects is 14:3. The outlay will be paid back on the basis of discounted benefits before 1995. A discount rate of 8 percent was used in the analysis. Costs were developed for the line from detailed inspection, surveys, and operating data. Revenues were computed from current tariffs. The methods are detailed in the text of the report.

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