April 25

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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.  I updated the pricing in 2012 and we’re due for another update.

Here’s an updated pricing matrix based on current trends I’m seeing in the Midwest –

2014 Unit Prices for Costing a Traffic Study

 Task Unit Price
Data Collection (per intersection)
13 Hour Counts (w/ stop signs) $575
13 Hour Hour Counts (w/ signals) $750
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 $450
If Second Study Peak Hour (such as AM) – per intersection $200
Land Uses – per land use $550
Forecast Years – per future scenario $550
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 $350
Nighttime $700
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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