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Accession Number PB2012-114262
Title Guidebook for Evaluating Fuel Purchasing Strategies for Public Transit Agencies.
Publication Date 2012
Media Count 136p
Personal Author D. Friedman K. DeCorla-Souza
Abstract This is a guidebook for public transit agency professionals on how to identify and evaluate risks and uncertainties with respect to fuel prices, and describes tools and techniques for minimizing the impact of these uncertainties over time. This guidebook introduces the concept of fuel price risk management to public transit agencies, identifying alternative purchasing strategies and outlining steps necessary to implement an effective risk management program. It defines and evaluates alternative cost-effective fuel purchasing strategies designed to benefit public transportation agencies of varying sizes, and it provides a management framework to assist transit agencies through the fuel purchasing process. While using this guidebook, it is important to recognize that risk management is distinct from removal of risk. It does not assure the lowest fuel prices; rather, it seeks to control the impact of price swings on overall transit system operating budgets.
Keywords Alternative fuels
Budgets
Cost effectiveness
Evaluation
Finance
Fuels
Prices
Public transit agencies
Public transportation
Risk management


 
Source Agency Federal Transit Administration
National Academy of Science Transportation Research Board
NTIS Subject Category 91B - Transportation & Traffic Planning
43G - Transportation
85H - Road Transportation
97K - Fuels
Corporate Author Science Applications International Corp., McLean, VA.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1225
Contract Number N/A

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