Estimating the benefits of performance-based standards vehicles

Abstract

Performance-based standards (PBS) is a flexible nonprescription framework for regulating the weight and dimensions as well as network access of road freight vehicles. Procedures for implementing PBS in Australia are based on national assessment with state-based access permits. Procedures were developed for estimating the financial and economic benefits associated with the implementation of performance-based vehicles in Australia between 2011 and 2030. Two options for changing the current assessment and access framework to a state or regional scheme or a national scheme were examined. An economic analysis was made of each implementation option to identify the option that provides the highest ..