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