Investment Modelling

PROJECT BRIEF

With their highway maintenance budget coming under pressure, South Gloucestershire appointed Metis to utilise investment modelling techniques to build a business case to defend the budget.

OUR APPROACH

• Work closely with each authority to understand the current maintenance strategies and historic performance of their carriageways, footways, drainage, street lighting, traffic signals and highway structure assets.
• Utilise Metis’ investment modelling tool to model the implications of different budget scenarios on the future condition and the need for reactive maintenance on all highway assets.
• Develop a robust business case using the modelling results to articulate the consequences of funding cuts to decision-makers.

PROJECT OUTCOMES

Through this project, the authorities have:

• Identified the needs-based budget for all highway assets.
• Quantified the maintenance backlog against a realistic target level of service.
• Used the business case to keep current highway maintenance budgets in contrast with forecasted budget reductions.