June 13

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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)

 

 

 

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Mike Spack

My mission is to help traffic engineers, transportation planners, and other transportation professionals improve our world.

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