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 |
|
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) |