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Guidebook for evaluating fuel purchasing strategies for public transit agencies
- Author / Creator
- Available as
- Physical
- Summary
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TRB Transit Cooperative Research Program (TCRP) Report 156: Guidebook for Evaluating Fuel Purchasing Strategies for Public Transit Agencies is designed to help identify and evaluate risks and uncer...
TRB Transit Cooperative Research Program (TCRP) Report 156: Guidebook for Evaluating Fuel Purchasing Strategies for Public Transit Agencies is designed to help identify and evaluate risks and uncertainties with respect to fuel prices. The guide also describes tools and techniques for minimizing the impact of fuel price uncertainties over time. The guidebook introduces the concept of fuel price risk management, identifies alternative purchasing strategies, and outlines steps necessary to implement a risk management program. It defines and evaluates alternative cost-effective fuel purchasing strategies designed to benefit public transportation agencies of varying sizes, and it provides a management framework to assist transit agencies through the fuel purchasing process.
Details
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- Creator
- David Friedman and Kevin DeCorla-Souza
- Format
- Books
- Language
- English
- Contributors
- Publication
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- Washington, D.C. : Transportation Research Board, 2012
- Physical Details
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- 125 pages : illustrations ; 28 cm
- ISBNs
- 9780309258340, 0309258340
- OCLC
- ocn805445553
- At head of title: Transit Cooperative Research Program
- Includes bibliographical references.
- Also available on the Internet.
- The basics of commodity price risk management -- Hedging with forward-price instruments -- Hedging with cap-price instruments -- Summary and evaluation of hedging instruments -- Hedging level, duration, and timing -- Delivery price risk management -- Program implementation