OMAHA, Neb. — Transit agencies and fleet owners across the U.S. have embraced the benefits of converting their vehicles to zero emission fuels. The transition can be expensive and complex, however, requiring a solid financial plan and a deep understanding of the budget ramifications.
In the latest interview from HDR’s Experts Talk series, financial expert Eric Rouse discusses the role of financial planning in fleet conversions, funding options for the transition and why it makes sense to start the process now.
Rouse is a principal consultant within HDR’s transportation economics and finance practice. He specializes in the financial, operational, and institutional analysis of existing and planned transportation systems, as well as the planning and prioritization of major capital improvement programs. He has worked with transit agencies and fleet owners across the nation, including agencies in Chicago, New York, LA, Boston, Atlanta, Indianapolis and Albuquerque, among many others.
Rouse’s role is to provide data-backed answers for stakeholders on a project. “Decision makers will want to know: Are there federal and state grants available or will the transition need to be funded by the local community? Will the transition pay for itself? If so, how long will it take? If not, what other benefits will be achieved to offset any potential cost increases? Financial experts, such as myself and others at HDR, provide the services to answer these questions,” Rouse says.
HDR’s Experts Talk interview series shines a light on various aspects of transportation infrastructure design and delivery. Each subject matter expert offers unique expertise and insights about new and ongoing trends, emerging technologies and the human side of infrastructure.
For over a century, HDR has partnered with clients to shape communities and push the boundaries of what’s possible. Our expertise spans more than 10,000 employees in more than 200 locations around the world — and counting. Our engineering, architecture, environmental and construction services bring an impressive breadth of knowledge to every project. Our optimistic approach to finding innovative solutions defined our past and drives our future. For more information, please visit www.hdrinc.com