Beijing-parking-ITDP-China

6.8 Costing & financeSince no detailed study has yet been done in theactual number of on-street parking spaces, forthe purposes of this analysis it is assumed that,based on the size of the Guang’anmen and similaron-street parking projects in Chinese cities, thesystem would comprise of 12,000 on-street parkingspaces.6.8.1 Direct investment costsThe direct investment cost items are describedbelow. The investment costs exclude bollards andenforcement equipment (clamps, towing vehicles,etc.), but include Chinese VAT of 3%.Smart parking metersTo minimize the maximum walking distance toa meter and prevent queues for parking paymentand, a meter is preferred for every 30 parkingspaces. With 12.000 parking places a total of 400smart parking meters is needed. Costs includeoccupancy sensor signal receivers.Occupancy sensorsAll on-street parking spaces have occupancysensors. Construction costs are included in theunit costs.PDA and separate mobile printerOne parking inspector is expected to control 50parking spaces. For 12,000 parking spaces, 410parking inspectors are needed per work shift.Inspectors use a PDA for license plate scanning,communication with the control center andtaking photo evidence of parking violations. Theprinters are needed for printing of fines. Technicalmaintenance can be done with 10 technicians pershift, for which PDAs are needed as well.On-board tagCosts for on-board tags for fully automatedparking payment are included in the costs ofthe system. Tags are beneficial to drivers whopark frequently in the paid parking zone, suchas residents and employees working in the zone.Although the number of users is expected to belower, a total of 12,000 tags are assumed.Led occupancy boardsThe occupancy boards need to be placed at strategiclocations, depending on the street network.An estimated number of 120 pieces are expectedto cover the planned parking zones.Software systemsSeveral software systems are needed for differentequipment and the system’s control center.Software needs to be localized for Beijing’s projectand the interface has to be developed for integrationwith the systems in use by related stakeholdersin Beijing (such as the CommunicationCommission for the sharing of parking data andthe Traffic Police for enforcement) several departmentsexisting system.Parking space demarcationAll on-street parking spaces are demarcated andgiven an ID number.Direct investment costs for 12,000 on-street parkingspace demonstration project in Guang’anmenDirect investmentcostsSmart parkingmetersParking meters’installationUnits Total costs(RMB)400 16,000,000400 600,000Occupancy sensor 12,000 18,000,000PDA and separate 410 2,870,000mobile printerOn-board tags 12,000 9,600,000Occupancy boards 120 9,600,000Software 1 3,000,000Parking space 12,000 720,000demarcation5% unforeseen costs 2,963,500TOTAL ¥63,353,5006.8.2 Indirect investment costsThe parking company needs to set up an office,customer service center, work room for technicians,training facilities, parking inspectors’changing room and storage, PDA charging andinspector dispatching center. Assumed in thecost calculation is for these spaces to be rentedwith interior construction to be done. Officefurniture, also including computers, printers andrelated office equipment (scanner, internet, etc.)are needed. Parking inspectors’ work cloths, 20cars, tool kits, and spare parts for the hardwareequipment.Beijing Parking, ITDP-China 1411 March 2015