Cost/Benefit Analysis
EarthSpec’s cost benefit analysis sets out to explore the total costs of your routes and the benefits afforded to the district. We custom design each analysis to identify the true costs of your current practices and establish alternatives that will bring you a greater return on investment. This often takes the form of evaluating the options of in-house or contracted services, but also includes many other aspects of student transportation. For example, we analyze the costs and benefits of:
- Bell Times
- Tiering Schedules
- Bus Route Jointures and use of Shuttles
- Labor Management and Hiring
- Vehicle Management, Allocation, and Replacement
- In-house and Contracted Services
We use comprehensive methods and equations for providing you with accurate facts and figures depicting your actual costs as well as the variables associated with them. We use this information for comparing the cost of alternatives and the added or retracted benefit derived from them. Upon completion you are provided with this information in a detailed report that serves as an excellent reference to assist you in making well informed, effective decisions.