SERVICES
We develop data-driven analytical tools and models to help public agencies plan, fund, and deliver infrastructure projects with greater confidence.
RISK ASSESSMENT AND RISK MANAGEMENT
Our approach to infrastructure project risk assessment and management combines qualitative and quantitative methods to identify, evaluate, and communicate the key drivers of cost and schedule uncertainty. Risk evaluations are grounded in the consensus opinion of subject matter experts gathered through facilitated workshops. We use Monte Carlo simulation techniques to conduct quantitative cost and schedule risk analysis. Our models integrate the project schedule to account for the cost impacts of potential delays and other schedule-related risks.
We have conducted risk analyses for highway and transit projects sponsored by FHWA and FTA, and our approach aligns with agency guidance. Our work helps project owners understand how much their project may cost, how long it may take, and the underlying risks that drive those outcomes, resulting in improved confidence in project budgeting and delivery planning.
Representative Projects:
BENEFIT-COST ANALYSIS
We conduct benefit-cost analysis of infrastructure projects, including Triple-Bottom-Line and Return-on-Investment studies, to help owners determine the social value of a proposed investment. Our process assists in evaluating alternatives, supporting funding strategies, and informing decision-making for both public and private partners.
We have developed BCAs to support federal competitive grant applications and investment planning, including for the U.S. Department of Transportation’s Better Utilizing Investments to Leverage Development (BUILD) program and to support a Federal Railroad Administration (FRA) Service Development Plan. Our work helps agencies build a strong financial and economic case for investment.
Representative Projects:
FINANCIAL ANALYSIS
We are skilled in financial analysis, including financial modeling, forecasting, cash flow analysis, and analysis of financial viability of infrastructure investments. We have developed financial models for public agencies, including rate models used by municipalities to develop and test rate strategies for funding their programs.
We also apply risk analysis to financial and revenue projections, using tools such as Monte Carlo simulation to assess funding gaps, test financial resilience, and support decision-making under uncertainty. This approach has helped public agencies understand potential revenue variability and align funding strategies with risk-informed financial planning.
CUSTOM DECISION SUPPORT TOOL DEVELOPMENT
We specialize in developing custom decision support tools that empower our clients to make informed, data-driven choices across complex capital programs. Our tools are designed to help agencies like LA Metro, LAWA, and BART manage and project cash flow for multi-billion-dollar portfolios by integrating project-level data, risk and contingency considerations, and diverse funding sources.
These tools enable clients to evaluate and prioritize projects based on cost, risk exposure, and the timing and eligibility of available funds. The result is a clearer path to delivering capital programs efficiently and strategically. To ensure successful adoption, we also develop user guidance documentation and conduct tailored training sessions to bring client teams up to speed quickly and confidently.
Representative Projects:
P3 AND ALTERNATIVE DELIVERY EVALUATION
We specialize in the evaluation of risk for Public-Private Partnership (P3) and other Alternative Delivery Methods for infrastructure projects. Our consensus-based approach to these risk evaluations involves soliciting input from project team members, stakeholders and subject matter experts.
These evaluations include an assessment of public sector risk exposure as well as the value of risk transfer to private developers. This type of risk assessment is a critical component in the Value for Money (VfM) analysis to help agencies select the appropriate delivery method.
Representative Projects:
LIFE-CYCLE COST & COST EFFECTIVENESS ANALYSIS
We conduct Life-Cycle Cost Analysis (LCCA) and Cost Effectiveness studies to help owners understand the full cost of potential infrastructure investments. Our approach accounts for costs across the entire project life cycle, including initial construction, rehabilitation and maintenance procedures, and user impacts during both construction and ongoing operations. These costs are evaluated using Net Present Value (NPV) to reflect their full impact over time in today's dollars.
This framework allows agencies to compare investment options not just on upfront costs, but on long-term financial performance. It is especially useful for narrowing down alternatives to identify those that offer the greatest cost-effectiveness over the life of the asset.
Representative Projects: