investment cost 15000000 5000000

construction period 3

first year impacts

time savings 250000
accident savings 65000
operation and maintenance -100000
Emission improvements 50000

price growth
traffic growth
discount rate 0.019728
Travel time savings 0.015

factors
year -3 -2 -1 0 1 2 3
discount factor 1.060359 1.039845 1.019728 1 0.980654 0.961682 0.943077
traffic factor 1 1 1 1
price factor 1 1 1 1
Travel time savings 1 1.015 1.030225 1.045678

Monetary values
investment cost 5301793 5199224 5098639
time savings benefit 250000 248840.9 247687.2 246538.8
accident benefit 65000 63742.5 62509.33 61300.01
operation benefit -100000 -98065.38 -96168.19 -94307.71
Emission improvements 50000 49032.69 48084.1 47153.85
Scrap value 9385747

Totals
investment cost 15599657
time benefit 5914324
accident benefit 1298204
operation benefit -1997237
Emission improvements 998618.6
Scrap value 9385747

BENEFITS discounted 15599657

COSTS discounted 15599657

NPV 1.069E-06
BCR 1
IRR
 4 5 6 7 8 9 10 11 12 13
0.924832 0.90694 0.889394 0.872188 0.855315 0.838767 0.822541 0.806628 0.791022 0.775719
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.061364 1.077284 1.093443 1.109845 1.126493 1.14339 1.160541 1.177949 1.195618 1.213552

245395.8 244258 243125.6 241998.4 240876.4 239759.6 238648 237541.5 236440.2 235344
60114.09 58951.11 57810.64 56692.22 55595.45 54519.89 53465.14 52430.79 51416.46 50421.75
-92483.22 -90694 -88939.44 -87218.8 -85531.45 -83876.75 -82254.06 -80662.76 -79102.24 -77571.92
46241.61 45347.01 44469.72 43609.4 42765.73 41938.37 41127.03 40331.38 39551.12 38785.96
 14 15 16 17 18 19 20 21 22 23
0.760712 0.745995 0.731563 0.71741 0.703531 0.68992 0.676573 0.663484 0.650648 0.63806
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.231756 1.250232 1.268986 1.28802 1.307341 1.326951 1.346855 1.367058 1.387564 1.408377

234252.8 233166.8 232085.7 231009.7 229938.6 228872.6 227811.4 226755.2 225703.9 224657.4
49446.28 48489.68 47551.59 46631.65 45729.51 44844.82 43977.24 43126.45 42292.12 41473.93
-76071.2 -74599.51 -73156.3 -71741 -70353.09 -68992 -67657.3 -66348.39 -65064.8 -63806
38035.6 37299.76 36578.15 35870.5 35176.55 34496.01 33828.65 33174.19 32532.4 31903.02
 24
0.625716
1
1
1.429503

223615.9
40671.57
-62571.65
31285.82
investment cost 10000000 5000000
construction period 2

first year impacts

time savings 280000
accident savings 37000
operation and maintenance -70000
Emission improvements 45000

price growth
traffic growth
discount rate 0.03
Travel time savings 0.02

factors
year -2 -1 0 1 2 3
discount factor 1.0609 1.03 1 0.970874 0.942596 0.915142
traffic factor 1 1 1 1
price factor 1 1 1 1
Travel time savings 1 1.02 1.0404 1.061208

Monetary values
investment cost 5304500 5150000
time savings benefit 280000 277281.6 274589.5 271923.6
accident benefit 37000 35922.33 34876.05 33860.24
operation benefit -70000 -67961.17 -65981.71 -64059.92
Emission improvements 45000 43689.32 42416.82 41181.37
Scrap value 1748251

Totals
investment cost 10454500
time benefit 12779019
accident benefit 1054716
operation benefit -1995408
Emission improvements 1282762
Scrap value 1748251

BENEFITS discounted 14869339

COSTS discounted 10454500

NPV 4414839
BCR 1.422291
IRR
 4 5 6 7 8 9 10 11 12 13
0.888487 0.862609 0.837484 0.813092 0.789409 0.766417 0.744094 0.722421 0.70138 0.680951
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.082432 1.104081 1.126162 1.148686 1.171659 1.195093 1.218994 1.243374 1.268242 1.293607

269283.5 266669.1 264080.1 261516.2 258977.2 256462.9 253973 251507.2 249065.4 246647.3
32874.02 31916.53 30986.92 30084.39 29208.14 28357.42 27531.47 26729.59 25951.06 25195.2
-62194.09 -60382.61 -58623.9 -56916.41 -55258.65 -53649.17 -52086.57 -50569.49 -49096.59 -47666.59
39981.92 38817.4 37686.79 36589.12 35523.42 34488.75 33484.23 32508.96 31562.09 30642.81
 14 15 16 17 18 19 20 21 22 23
0.661118 0.641862 0.623167 0.605016 0.587395 0.570286 0.553676 0.537549 0.521893 0.506692
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.319479 1.345868 1.372786 1.400241 1.428246 1.456811 1.485947 1.515666 1.54598 1.576899

244252.7 241881.3 239532.9 237207.3 234904.4 232623.7 230365.3 228128.7 225913.9 223720.5
24461.36 23748.89 23057.18 22385.61 21733.6 21100.58 20486 19889.32 19310.02 18747.59
-46278.25 -44930.34 -43621.69 -42351.15 -41117.62 -39920 -38757.3 -37628.45 -36532.48 -35468.42
29750.3 28883.79 28042.51 27225.74 26432.76 25662.87 24915.41 24189.72 23485.16 22801.13
 24 25 26 27 28 29 30 31 32 33
0.491934 0.477606 0.463695 0.450189 0.437077 0.424346 0.411987 0.399987 0.388337 0.377026
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.608437 1.640606 1.673418 1.706886 1.741024 1.775845 1.811362 1.847589 1.884541 1.922231

221548.5 219397.5 217267.4 215158.1 213069.1 211000.5 208952 206923.3 204914.3 202924.9
18201.55 17671.41 17156.7 16657 16171.84 15700.82 15243.51 14799.52 14368.47 13949.97
-34435.36 -33432.39 -32458.63 -31513.23 -30595.37 -29704.25 -28839.07 -27999.1 -27183.59 -26391.84
22137.02 21492.25 20866.26 20258.51 19668.45 19095.59 18539.4 17999.42 17475.17 16966.18
 34 35 36 37 38 39 40 41 42 43
0.366045 0.355383 0.345032 0.334983 0.325226 0.315754 0.306557 0.297628 0.288959 0.280543
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
1.960676 1.99989 2.039887 2.080685 2.122299 2.164745 2.20804 2.2522 2.297244 2.343189

200954.7 199003.7 197071.6 195158.3 193263.6 191387.2 189529.1 187689 185866.8 184062.3
13543.66 13149.19 12766.2 12394.37 12033.37 11682.88 11342.6 11012.24 10691.49 10380.09
-25623.14 -24876.84 -24152.27 -23448.81 -22765.83 -22102.75 -21459 -20834 -20227.15 -19638
16472.02 15992.25 15526.46 15074.23 14635.18 14208.91 13795.06 13393.26 13003.17 12624.43
 44 45 46 47 48 49 50 51 52 53
0.272372 0.264439 0.256737 0.249259 0.241999 0.23495 0.228107 0.221463 0.215013 0.20875
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1
2.390053 2.437854 2.486611 2.536344 2.58707 2.638812 2.691588 2.74542 2.800328 2.856335

182275.2 180505.6 178753.1 177017.6 175299 173597.1 171911.7 170242.6 168589.8 166953
10077.76 9784.229 9499.252 9222.574 8953.956 8693.161 8439.962 8194.138 7955.474 7723.761
-19066 -18510.7 -17971.56 -17448.11 -16939.92 -16446.52 -15967.5 -15502.42 -15050.9 -14612.52
12256.73 11899.74 11553.14 11216.64 10889.95 10572.76 10264.82 9965.843 9675.576 9393.763
 54 55 56 57 58 59
0.20267 0.196767 0.191036 0.185472 0.18007 0.174825
1 1 1 1 1 1
1 1 1 1 1 1
2.913461 2.971731 3.031165 3.091789 3.153624 3.216697

165332.1 163726.9 162137.3 160563.2 159004.3 157460.6

7498.797 7280.385 7068.335 6862.461 6662.584 6468.528
-14186.91 -13773.7 -13372.53 -12983 -12604.89 -12237.76
9120.158 8854.523 8596.624 8346.237 8103.143 7867.129
 outranking graph
8 4 5 2 10 29
C1 C2 C3 C4 C5
A1 3 4 5 2 2
A2 4 3 2 2 5
A3 5 3 1 3 3
A4 2 1 4 5 2
A5 2 4 3 5 2

concrodance matrix

A1 A2 A3 A4 A5
A1 1 0.37931 0.310345 0.931034 0.931034
A2 0.689655 1 0.655172 0.758621 0.62069
A3 0.689655 0.482759 1 0.758621 0.62069
A4 0.413793 0.241379 0.241379 1 0.862069
A5 0.551724 0.37931 0.37931 0.827586 1

Discorance matrix
A1 A2 A3 A4 A5
A1 0 1 0 1 1
A2 1 0 0 1 1
A3 1 0 0 1 0
A4 1 1 1 0 1
A5 0 1 1 0 0

Outranking matrix
A1 A2 A3 A4 A5
A1 0 1 0 0 1
A2 1 0 0 0 1
A3 1 0 0 0 0
A4 1 1 1 1
A5 0 1 1 1 0
 65 0.22807
100 0.350877
20 0.070175
70 0.245614
30 0.105263

285

0 86 55 0 100
0 30.17544 3.859649 0 10.52632

44.5614
 A1 A2 A3 A4
A1 1.00 0.25 0.17 0.17
A2 4.00 1.00 0.25 0.25
A3 6.00 4.00 1.00 1.00
A4 6.00 4.00 1.00 1.00
 A1 A2 A3 A4
geometric norm 0.053236 0.130402 0.408181 0.408181
0.288675 0.053236 A1 0.053236 0.032601 0.06803 0.06803
0.707107 0.130402 A2 0.212946 0.130402 0.102045 0.102045
2.213364 0.408181 A3 0.319419 0.521609 0.408181 0.408181
2.213364 0.408181 A4 0.319419 0.521609 0.408181 0.408181
Sum Ratio

0.221897 4.168145 Average 4.12177

0.547438 4.198078 CI 0.04059
1.657389 4.060428 Cr 0.046
1.657389 4.060428
 GRADATION SCORES TRANSFORMATION
1) SC1 SC3 SC9
Biodiversi SC1 0 4 5 1 16 32
ty and SC3 -4 0 2 0.0625 1 4
Nature
SC9 -5 -2 0 0.03125 0.25 1

2) GRADATION SCORES TRANSFORMATION

Regional SC1 SC3 SC9
economic SC1 0 -4 -5 1 0.0625 0.03125
developm
ent and SC3 4 0 -2 16 1 0.25
regenerat SC9 5 2 0 32 4 1
ion

GRADATION SCORES (MANUAL ADAPTATION TO 8 STEP INTEGERS

TRANSFORMATION
SC1 SC3 SC9
3) Project SC1 0 0 3 1 1 8
footprint SC3 0 0 4 1 1 16
SC9 -3 -4 0 0.125 0.0625 1

GRADATION SCORES TRANSFORMATION

SC1 SC3 SC9
4) Image SC1 0 8 4 1 256 16
and
prestige SC3 -8 0 -4 0.003906 1 0.0625
SC9 -4 4 0 0.0625 16 1

5) GRADATION SCORES TRANSFORMATION

Communi SC1 SC3 SC9 SC18
ty SC1 0 4 6 2 1 16 64
disruptio
n and SC3 -4 0 2 -4 0.0625 1 4
disruptio SC9 -6 -2 0 -6 0.015625 0.25 1
n blight SC18 -2 4 6 0 0.25 16 64

C1) Biodiversity and Nature C2) Regional economic development and regeneration
C2) Regional economic development and regenerationC3) Project footprint
C3) Project footprint C1) Biodiversity and Nature
C4) Prestige and Image C5) Community disruption and disruption blight
C5) Community disruption and disruption blight C4) Prestige and Image

Base Scenario
GRADATION SCORES TRANSFORMATION
C1 C2 C3
Criterion C1 0 1 2 1 1.414214
comparis C2 -1 0 2 0.707107 1
on C3 -2 -2 0 0.5 0.5
1 1
 GEO MEAN NORM

8 90.61679
0.629961 7.135625
0.198425 2.247581

8.828386

GEO MEAN NORM

0.125 1.85128
1.587401 23.50979
5.039684 74.63893

6.752085

GEO MEAN NORM

2 42.38844
2.519842 53.40609
0.198425 4.205466

4.718267

GEO MEAN NORM

16 93.77289
0.0625 0.3663 Intensity of
1 5.860806
Definition Explanation
17.0625 1 Same Neither of the two alt
preferable over the other
GEO MEAN NORM 3 Weak One alternative is pre
the other
4 8 64.29865 5 Clear One alternative is pre
0.0625 0.353553 2.841626 the other
0.015625 0.088388 0.710406 7 Strong One alternative is pr
1 4 32.14932 the other
12.44194 9 Very Strong One alternative
over the other
2, 4, 6, 8 Compromise Can b
regeneration evaluation
Reciprocals of
above
 0 If activity i has one of the abo
numbers assigned to it when
activity j, then j has the recipr
when compared with i
GEO MEAN A comparison mandated by c
smaller element
2 1.414214 #DIV/0! SC1 #DIV/0!
2 1.122462 #DIV/0! SC3 #DIV/0!
1 0.629961 #DIV/0! SC9 #DIV/0!
1
 importance

Definition Explanation
1 Same Neither of the two alternatives is
preferable over the other
3 Weak One alternative is preferred slightly over

5 Clear One alternative is preferred clearly over

7 Strong One alternative is preferred strongly over

9 Very Strong One alternative is preferred very strongly

over the other
2, 4, 6, 8 Compromise Can be used for graduation between

Reciprocals of
If activity i has one of the above nonzero
numbers assigned to it when compared with
activity j, then j has the reciprocal value
when compared with i
A comparison mandated by choosing the
smaller element
#DIV/0!
#DIV/0!
#DIV/0!
0.31 0.774194
0.07 0
0.15 0.258065
0.38 1
0.09 0.064516
CBA A1 A2 A3 A4
Benefits 130 170 120 90
Costs 80 90 120 75
BCR 1.63 1.89 1.00 1.20

MCDA% 35

VF scores A1 A2 A3 A4 CalibrationWeights
C1 19 23 100 66 23 0.2
C2 3 0 85 100 0 0.55
C3 0 100 67 35 100 0.1
C4 100 79 47 0 79 0.15

Calibration 91.54

Shadow Prices
p1 0.69
p2 1.90
p3 0.35
p4 0.52

TRR 2.51 2.91 3.32 4.51

 0.11 0.07 0.26 0.28 0.12
0.42 0.23 0.18 0.3 0.25
0.05 0.41 0.09 0.22 0.33
0.21 0.08 0.32 0.11 0.07
0.1 0.21 0.15 0.09 0.23

ROD scores from table (see alexis sheet) for 5 criteria

3 C1 0.1955
2 C2 0.2686
5 C3 0.0619
4 C4 0.1269
1 C5 0.3471

0.133585
0.279875
0.267933
0.120607
0.176495