01396949

Monograph

http://www.trb.org/Main/Blurbs/167624.aspx

http://www.trb.org/Publications/Blurbs/167624.aspx

This report is a guidebook for public transit agency professionals on how to identify and evaluate risks and uncertainties with respect to fuel prices, and describes tools and techniques for minimizing the impact of these uncertainties over time. This guidebook introduces the concept of fuel price risk management to public transit agencies, identifying alternative purchasing strategies and outlining steps necessary to implement an effective risk management program. It defines and evaluates alternative cost-effective fuel purchasing strategies designed to benefit public transportation agencies of varying sizes, and it provides a management framework to assist transit agencies through the fuel purchasing process. While using this guidebook, it is important to recognize that “risk management” is distinct from “removal of risk.” It does not assure the lowest fuel prices; rather, it seeks to control the impact of price swings on overall transit system operating budgets.

Project G-12

English

133p

2012

TCRP Report

9780309258340

Print

Appendices; Figures; Glossary; Tables

Fuels; Handbooks; Prices; Public transit; Purchasing; Risk management; Strategic planning; Transit operating agencies; Uncertainty

Administration and Management; Finance; Public Transportation; I10: Economics and Administration

TRIS, TRB

Aug 23 2012 11:45AM