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A Dynamic Programming Optimization Approach for Budget Allocation to Early Right-of-Way Acquisitions

Author

Listed:
  • Chang Albitres, Carlos M.
  • Krugler, Paul E.
  • Ibarra, Iraki
  • Montes, Edith

Abstract

Maximizing potential savings when purchasing right-of-way within a limited budget is a challenge currently faced by state departments of transportation (DOTs) across the nation. Early right-ofway acquisitions promote smoother negotiations and are aimed to save money, time, and human resources. This paper describes an optimization approach based on dynamic programming developed for the Texas Department of Transportation (TxDOT) to identify projects with candidate parcels for early right-of-way acquisition in order to achieve the highest potential savings. Each candidate parcel must be subjected to a preliminary environmental analysis to ensure that each comply with the National Environmental Policy Act (NEPA) standards.

Suggested Citation

  • Chang Albitres, Carlos M. & Krugler, Paul E. & Ibarra, Iraki & Montes, Edith, 2012. "A Dynamic Programming Optimization Approach for Budget Allocation to Early Right-of-Way Acquisitions," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 51(3).
    • Handle: RePEc:ags:ndjtrf:207327
    DOI: 10.22004/ag.econ.207327
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    References listed on IDEAS

    as
    1. Unknown, 2012. "Transportation Research Forum," 53rd Annual Transportation Research Forum, Tampa, Florida, March 15-17, 2012 207218, Transportation Research Forum.
    2. Hakimi, Shadi & Kockelman, Kara M., 2005. "Right-of-Way Acquisition and Property Condemnation: A Comparison of U.S. State Laws," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 44(3).
    3. Caldas, Carlos H. & Zhang, Zhanmin & Al Halabi, Ragheb & Kincaid, Elizabeth, 2012. "Electronic Appraisal Methodology for Right-of-Way Acquisition in Highway Projects," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 51(1).
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