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Unit Costs (Unadjusted) (View Adjusted)

Equipment Costs for Parking Management (PM)

Note: The date in parentheses under the capital cost value and O&M cost value represents the dollar year of the cost values. All costs are in $K.

Unit Cost Element IDAS # Life
Years
Capital Cost
$K
(Source Year)
O&M Cost
$K/year
(Source Year)
Description
Entrance/Exit Ramp Meters102.0 - 5.0
(1995)
0.2 - 0.5
(1995)
Ramp meters are used to detect and count vehicles entering/existing the parking facility. O&M costs based on annual service contract.
Tag Readers102.0 - 5.0
(1995)
0.2 - 0.5
(1995)
Readers support electronic payment scheme. O&M costs based on annual service contract.
Database and Software for Billing & Pricing1010.0 - 15.0
(1995)
1.0 - 2.0
(1995)
Database system contains parking pricing structure and availability. O&M costs based on annual service contract.
Parking Monitoring System1014.0 - 46.0
(1998)
Includes installation, detectors, and controllers.