Research and analysis

Values of travel time savings and reliability: final reports

Reports from a study conducted to recommend up-to-date national average values of travel time.

From:
Department for Transport
Published
29 October 2015

Documents

Provision of market research for value of travel time savings and reliability: non-technical summary report

PDF, 307 KB, 24 pages

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Provision of market research for value of travel time savings and reliability: phase 2 report

PDF, 3.09 MB, 269 pages

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Provision of market research for value of travel time savings and reliability: appendices

PDF, 1.55 MB, 76 pages

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Provision of market research for value of travel time savings and reliability: appendix E

PDF, 1.08 MB, 89 pages

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Provision of market research for value of travel time savings and reliability: walk and cycle report

PDF, 1.53 MB, 76 pages

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Provision of market research for value of travel time savings and reliability: outline of quality assurance procedures relating to behavioural modelling

PDF, 617 KB, 15 pages

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Details

These reports set out the methods used and results from a project to estimate up-to-date national values of travel time for use in transport appraisals. They are the culmination of a large-scale programme of research over the last 5 years.

Values of travel time reflect:

  • the amount of money a traveller is willing to pay to save time
  • the benefit a traveller would receive from being able to put ‘saved’ time to alternative uses following a transport investment

Travel time savings typically account for a large proportion of the benefits of major transport infrastructure. For this reason they play an important role in policy making and investment decisions.

Updates to this page

Published 29 October 2015

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