Transport

Costs and Pricing

Costs and Pricing

NERA has extensive experience in advising on costs and pricing policies across the transport sector. Our work has utilized sophisticated econometric analysis, forecasts and simulations, and detailed spreadsheet modeling.

NERA's experience in assessing costs and pricing in the transport sector is wide-ranging:

  • Efficient pricing. We help to develop fair and efficient pricing structures for individual airports, and have worked very extensively on the principles and practice of track access charging.
  • Cost analysis and benchmarking. NERA carries out detailed analysis of cost structures and efficiency, and has helped regulated firms challenge benchmarking studies and the lessons that regulators draw from them. We also analyze cost causality and help firms establish cost-reflective charging structures.
  • Road pricing. NERA provides world-class expertise on the design, implementation, and monitoring of road pricing schemes. Our expertise includes both the principles of road pricing and detailed modeling of the likely impact of different schemes.
  • Profitability. The return on capital is an important part of a firm’s costs. NERA is a leading advisor on both the cost of capital and the determination of the regulatory asset base.
  • Cost projections. NERA provides independent advice to transport clients on future input price changes and long-term efficiency trends.
  • Environmental impacts and other externalities. We provide robust estimates of external costs and benefits, either as the main focus of a study or as an input into a wider project, such as a cost-benefit study. We have also carried out projects on the valuation of injury and health risks, and on the appropriate treatment on non-monetized impacts.
Name Title Location Phone Email
Dr. Richard Hern Managing Director London
Berlin
+44 20 7659 8582
+49 30 700 1506 01
richard.hern@nera.com
Dr. Jeff D. Makholm Managing Director Boston +1 617 927 4540 jeff.makholm@nera.com
James Mellsop Managing Director Auckland
Wellington
Sydney
+64 9 928 3290
+64 4 819 2550
+61 2 8864 6536
james.mellsop@nera.com
Jeanne Lubek Director Paris +33 1 70 75 01 82 jeanne.lubek@nera.com
Daniel Radov Director London +44 20 7659 8744 daniel.radov@nera.com
Richard Druce Associate Director London +44 20 7659 8540 richard.druce@nera.com
Dr. Lewis Evans Affiliated Academic Wellington +64 4 474 1320 lew.evans@vuw.ac.nz
Michael Spackman Affiliated Consultant London +44 20 7659 8660 michael.spackman.affiliate@nera.com
Title Type Author
La Regulación de la Economía Colaborativa (Regulation of the Sharing Economy) Book By Bruno Soria
Representing International Business Impacts in Transport Appraisal Report By Michael Spackman et al.
The Evaluation of Major Local Authority Transport Projects: a Guide for DfT Report By Michael Spackman with former NERA Consultant Simon Maunder, former NERA Director John Dodgson, MVA, and David Simmonds Consultancy
Fleetwide Emissions and the Cost-Effectiveness of the Consent Decree Pull-Ahead Requi... Study By Dr. David Harrison with Thomas L. Darlington
CfIT's Initial Assessment Report on the 10 Year Transport Plan Report By Michael Spackman et al.
Multi-Criteria Analysis Manual Report By Michael Spackman with John Dodgson, Leeds University Business School Professor Alan Pearman, and London School of Economics Visiting Professor of Operational Research Dr. Lawrence Phillips
Title Date Type
NERA Economic Consulting Opens Office in Miami, Florida 14 November 2017 Press Release
Energy Economist Joins NERA Economic Consulting 13 July 2017 Press Release