The TEE analysis captures the main impacts of an option in terms of economic welfare, as represented by the main costs and benefits of users and operators of the transport system. These impacts are expressed in terms of monetary values, by Cost-Benefit Analysis (CBA), which are added together and discounted to produce a Net Present Value (NPV). Costs to the public sector are itemised separately (see Section 12 - Cost to Government).
The TEE analysis presents the key effects disaggregated by particular groups, mode of transport, and by impact (time, vehicle operating costs etc.). Thus, it is necessary to present all significant distributional impacts in addition to the aggregate statement of impact (as measured by the NPV or Benefit Cost Ratio).
A TEE analysis should be presented for each option and should demonstrate the change derived from that option relative to the do-minimum case.
