Oireachtas Joint and Select Committees
Thursday, 12 October 2017
Public Accounts Committee
Transport Infrastructure Ireland: Financial Statements 2016
9:00 am
Mr. Michael Nolan:
When we do the cost-benefit analysis for road schemes and develop the benefits-to-cost ratios, two of the prime factors influencing the benefits are time savings and the savings in accidents. A value is put on fatal accidents, serious injuries and minor injuries and these are all factored in. Not many social benefits are factored in.
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