value of Time
Request ID: FOI-1482-1920
Date published: 16 September 2019
You asked
What are the current values of time for business case purposes by mode of travel and purpose.
We answered
TfL Ref: FOI-1482-1920
Thank you for your request received by us on 21 August 2019 asking for information about values of time.
Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm that we hold the information you require. You asked for:
What are the current values of time for business case purposes by mode of travel and purpose?
Please see the table below for the information you requested:
|
Values Time by Mode
|
|
|
|
(£ per hour)
|
2019
|
Prices and Values
|
|
Mode
|
|
|
Factor
|
|
|
|
Cost
|
|
Car driver
|
|
|
9.95
|
|
Car passenger
|
|
|
7.37
|
|
Car
|
|
|
15.84
|
|
Car Occupant
|
|
|
9.84
|
|
LGV (driver or passenger)
|
|
17.44
|
|
OGV (driver or passenger)
|
|
20.55
|
|
Bus driver
|
|
|
20.99
|
|
Bus passenger
|
|
|
8.09
|
|
Taxi driver
|
|
|
18.55
|
|
Taxi / Minicab passenger
|
|
8.78
|
|
Rail passenger
|
|
|
12.34
|
|
Underground passenger
|
|
9.59
|
|
Walker
|
|
|
7.43
|
|
Walker - Access & Interchanging
|
|
14.86
|
|
Cyclist
|
|
|
9.41
|
|
Cyclist - Access
|
|
18.83
|
|
Motorcyclist
|
|
|
10.51
|
If this is not the information you are looking for, please do not hesitate to contact me.
Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.
Yours sincerely
Jasmine Howard
FOI Case Officer
Information Governance
Transport For London
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