Abstract:
Least cost planning, which was developed for use in the utilities industry, is being implemented by the Washington State Legislature. Least cost planning for transportation is a process of comparing direct and indirect costs of demand and supply options to meet transportation goals and/or policies where the intent of the process is to identify the most cost effective mix of options. This paper, which appears in a compendium of conference papers, describes the history of least cost planning, explains the Washington State Department of Transportation's role in the process, and reports on a study on implementation of least cost planning. Formal guidelines on implementation are expected.