London (PRWEB) April 24, 2014
Author Robert Bain offers stakeholders an inside look at the transportation sector with his new book on traffic and revenue forecasting, “Toll Road Traffic & Revenue Forecasts” (published by Lulu), drawing from his 20 years of experience in the industry as practitioner and academic.
“Toll roads, bridges and tunnels are the most active class of infrastructure attracting international private finance today,” Bain says. “Many deals, however, expose financiers, insurers and other project counterparties to demand risk. This moves traffic and revenue forecasts center-stage in terms of being able to understand and test the investment proposition.”
A straightforward guide to the forecasting process, “Toll Road Traffic & Revenue Forecasts” highlights key issues for credit analysts, investors and other professionals to watch out for when evaluating forecasts. Bain puts the forecasting process into plain words, stressing assumptions made and common technical terms used. He also explains the ways toll road forecasts can be manipulated – tricks for the potential investor to watch out for.
“Anyone faced with a toll road traffic and revenue report has their work cut out,” Bain says. “These intimidating documents often run to hundreds of pages and are filled with technical language and sophisticated math, yet engineers and planners are supposed to understand them and financiers are supposed to make investment decisions based on them! There has been little help for the non-traffic professional trying to get a grip on these forecasts – until now.”
“Toll Road Traffic & Revenue Forecasts”
By Robert Bain
Hardcover | 6 x 9 in | 124 pages | ISBN 978-0-9561527-1-8
About the Author
Dr Robert Bain is a chartered civil engineer. He was a traffic and revenue consultant for 15 years before joining the transportation team at Standard & Poor’s. He now runs a specialist consultancy reviewing forecasts for private investors. “Toll Road Traffic & Revenue Forecasts” is his second book, following his first published work, “Privately Financed Roads in Britain.” More information is available at robbain.com.
Launched in 2002, Lulu pioneered the self-publishing industry and paved the way for people around the world to publish books and bring them to market, while allowing authors to retain full control of their work. Operating a global network, Lulu provides worldwide distribution so that authors can reach readers just about anywhere via print, e-readers and tablet devices. For more information, visit http://www.lulu.com or call (888)-265-2129.