Modeling the Addition of A Bicycle Lane?

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Luke Daniels

• June 29, 2020 16:35

Hi,

I am trying to model a ~$1 M investment to construct bicycle lanes around a city. Modeling this as 54 - Construction of New Highways and Streets seems to be too broad of a category.  Would an Analysis-by-Parts be a better approach?  If yes, could I please have instructions for how to conduct that analysis?

 

Thank You

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• Official comment

  

  Candi Clouse

  • June 29, 2020 17:12

  Hello Luke!

  You are correct that the construction of a new bike lane would fall under Industry 54 - Construction of new highways and streets. If the bike lane is being added to an existing street, you might also consider using Industry 62 - Maintenance and repair construction of highways, streets, bridges, and tunnels.

  If you are interested in using Analysis-by-Parts (ABP) you will need to have the total spending broken out by purchases. We have a lot of information on our support site. The best place to start is in the article Introduction to ABP.

   

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