Traffic Study Pricing - 2012 Update

Back in 2010 I wrote about pricing out a traffic study so developers could check the reasonableness of quotes they're getting from their engineer.  The economy seems to be rebounding and pricing has shifted away from the cut-throat days of a few years ago.  Here's an updated pricing matrix based on current trends I'm seeing in the Midwest - 

Unit Prices for Costing a Traffic Study 

Task		Unit Price
Data Collection (per intersection)
	13 Hour Counts (w/ stop signs)	$550
	13 Hour Hour Counts (w/ signals)	$700
	PM Peak Hour Counts Only (w/ stop signs)	$250
	PM Peak Hour Counts Only (w/ signals)	$400
Analysis
	Study Intersections in the PM Peak Hour - per intersection	$400
	If Second Study Peak Hour (such as AM) - per intersection	$200
	Land Uses - per land use	$500
	Forecast Years - per future scenario	$500
Document Preparation (produce one or the other)
	Memorandum: Fee = 15% of data + analysis total cost
	Full Report: Fee = 30% of data + analysis total cost
Meetings
	Daytime	$300
	Nighttime	$600
TOTAL FEE = Sum of Each Line Item (Quantity x Unit Price)