AMERICAN TRAFFIC SAFETY SERVICES ASSOCIATION
Based on economic values developed by the National Highway Traffic Safety Administration (NHTSA), the savings from society from preventing a single traffic fatality is $6.1 million. Using this figure, calculations indicate that every $1 million increase of HSIP funds obligated results in an annual savings of approximately $42.7 million in societal costs to the United States (i.e. a benefit/cost ratio of 42.7 to 1).
Posts Tagged ‘NHTSA’
Highway Safety Improvement Program
Monday, July 12th, 2010Follow InfrastructureUSA
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