Economic feasibility analysis is the main point of departure for cost management procedures in infrastructure investment projects. Different organizational models according to which the public infrastructure can be procured can generate various costs for both the public and private sectors. From this perspective, the TA Europe focuses on the analysis and management of both financial and economic costs. The financial costs consider the possible CAPEX, OPEX and repayment spectrum, which can vary based on the organizational model. In this case, the TA Europe considers possible models, which are applicable for relevant country and sector, considers different financial opportunities (e.g. project finance, forfeiting, etc.), conducts simulation analysis and identifies the ones which can generate the highest investment returns. At the same time, in order to balance the interests of public and private partners, the TA Europe considers the economic costs and returns in the relevant analysis. The economic analysis mostly refers to the social costs and benefits generated from the infrastructure investment projects (e.g. travel time, vehicle operating costs, accidents, etc.).
Public Sector Comparator is one of the standpoints for our economic feasibility analysis, where TA Europe considers all the possible models within the comparison of conventional models and identifies the options that can generate the highest value for money for our clients.
In general, our services can be broken into:
- Financial model analysis and impact on cost
- Business model analysis and cash flow
- Different partnership models
- Public Sector Comparator
- Estimation of Economic and Financial results
- Value for Money analysis
- Development of an HDM-4 plug-in tool
HDM-4 is a software system developed for the estimation of the economic benefits in the road sector. Using the main approaches of the economic feasibility analysis, the members of the TA Europe team were involved in a research project aiming to identify the main missing points of the relevant software. Based on these results the TA Europe team offers ist clients with a detailed approach for conducting economic feasibility analysis in the road sector projects.
- Development of an optimized Economic and Financial Models
The members of the TA Europe team have developed a tool allowing them to identify various organizational models with private investments in infrastructure, compare the financial and economic outputs of each model and choose an optimal model for each project. Based on the working tools TA Europe offers broad service with regard to value for money tests, public sector comparator, economic and financial feasibility tests, cash flow analysis and etc.