Cost

The cost to implement SmartPark systems can range from $2,000 to $30,000 per space depending on technology, location, level of cooperation among public and private entities, and deployment strategy.

An evaluation of SmartPark strategies.


06/01/2019
Nationwide; United States


Summary Information

This report examined the potential of a nationwide deployment of a SmartPark system designed to help truck drivers find a safe and available parking. SmartPark systems work by collecting real-time information about nearby parking availability and communicating it in real-time.

Parking data collected from parking facilities is sent to an information processing center and then converted into parking availability information, which is then disseminated via different media to drivers via roadside dynamic message signs (DMS), websites applications, and mobile devices.

The diagram below excerpted from the source report highlights three main components of a SmartPark system.




The map below excerpted from the source report shows states with SmartPark programs as of September 2018.



The table below excerpted from the source report shows projected costs in terms of "cost per parking space" nationwide for SmartPark facilities implemented as part of the MAASTO project in 2015.

MAASTO Breakdown by State
Private Sites
Private Spaces
Private Sites
Private Spaces
DMS Signs
Deployment Total (2015 $)
Annual State O&M (2015 $)
Cost per Space (Public and Private)
O&M per Space
Indiana
20
1044
0
0
20
$6,085,800
$235,775
$5,829
$226
Iowa
14
263
10
2060
14
$4,980,864
$423,336
$2,144
$182
Kansas
16
160
0
0
16
$4,868,640
$188,620
$30,429
$1,179
Kentucky
9
375
14
1560
12
$4,077,383
$478,922
$2,107
$248
Michigan
8
194
22
942
8
$4,020,089
$662,556
$3,539
$583
Minnesota
5
130
0
0
8
$1,775,000
$68,289
$13,654
$525
Ohio
18
515
33
2592
18
$7,855,873
$1,064,566
$2,528
$343
Wisconsin
7
241
0
0
14
$3,000,000
$82,521
$12,448
$342
Total
97
2922
79
7154
110
$36,663,649
$3,204,585
$3,639
$318

Cost per space gives context and supports comparison between different States’ solutions within the MAASTO framework and was calculated by dividing the "Deployment Total" by the sum of the public and private spaces.

The State of Kentucky achieved the lowest cost per space at approximately $2,107 per space. The most expensive State was Kansas at $30,429 per space. Factors influencing costs include technology, location, number of parties, incorporation of private entities, and deployment strategy.


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Source

Accelerating SmartPark Deployment Strategic Plan

Author: Sanchez-Badillo, Alejandro; Matt Windholtz;, Doug Pape; and William Gibbs

Published By: USDOT Federal Motor Carrier Safety Administration

Source Date: 06/01/2019

Other Reference Number: FMCSA-RRT-18-014

URL: https://rosap.ntl.bts.gov/view/dot/40895

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Cost ID: 2020-00462