A detailed cost benefit analysis of truck side guards was presented on August 26 at a TEAM Underride Zoom meeting. Eric Hein, father of 2015 side underride victim Riley Hein, originally completed this report in May 2021 and submitted it to NHTSA. In May 2022, he updated the analysis and report and again submitted it to NHTSA for consideration. See it here:
- Revised Cost Benefit Analysis for Side Underride Guards (1)
- Powerpoint Presentation with presenter notes: FINAL Cost Benefit Analysis for Side Underride Guards
- May 2022 Cover Letter to Secretary Buttigieg and NHTSA: Cover Letter NHTSA Revised CBA
- PowerPoint Presentation YouTube Video: Side Guard Cost Benefit Analysis Presentation by Eric Hein to TEAM Underride
A cost-benefit analysis provides estimates of the anticipated benefits that are expected to accrue over a specified period and compares them to the anticipated costs. USDOT guidance ensures that the economic costs and benefits of road safety measures can be monetized and compared, leading to informed decision making. Delve into this cost benefit analysis to see how Eric arrives at these conclusions:
- Over 15 years of phasing in, SUGs on new semi-trailers would save at least 3,560 lives and prevent 35,598 serious injuries.
- An SUG with an aerodynamic skirt would offset their entire cost in the first year.
- A SUG regulation is cost effective because the benefits of side underride guards substantially outweigh the costs.
Then answer the question: Should Secretary Buttigieg be able to determine that a side guard regulation would be cost-effective and therefore is “warranted”?
Great work!
Please give me a link to tweet out
Here is a link to the YouTube video of the Side Guard Cost Benefit Analysis Presentation: https://www.youtube.com/watch?v=nrTFvyxPJf0
Here’s the post link: https://annaleahmary.com/2022/08/side-guard-cost-benefit-analysis-presentation/ You can also Tweet the post by clicking on the Twitter icon at the bottom of the post.