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Have a meeting with key City and WETA staff and consultant to discuss parameters of the analysis, stakeholder groups, potential questions and needs, and next steps and draft schedule. Specify any proposed stakeholder outreach that would directly inform the analysis and modeling. Assist in defining Scope of Work goals, such as the differences in focus between the Cost -Benefit Analysis and Economic Impact Analysis. For example for an Economic Impact Analysis, individual benefits of commuting by ferry could be described in terms of monetary value (cost comparison between driving and commuting by ferry) and what the savings could then be used towards. For a Cost - Benefit Analysis, individual benefits could be described in terms of health benefits or in terms of opportunity cost. Provide a refined schedule. Deliverable — Meeting Agenda, Meeting Minutes, Refined Workplan and Schedule based on Discussion, and Scope of Work Goals and Schedule Memorandum Task 2.2 — Identification of Data Needs and Methodology and Modeling Framework Provide the City with a list of data needs that may be relevant to conducting the analysis including demographics, WETA expansion plans, general plans or area plans, infrastructure plans, relevant development projects, data on the public right-of-way, economic data and land use information. Develop and outline the research methodology and modeling framework that will be used to quantitatively estimate and forecast the economic impact and costs and benefits. Should include a travel -demand model capable of assessing local and regional effects of the new ferry service and forecasts of impacts. Economic and societal impacts should be described in terms of time, costs, safety, emissions, and other relevant measures. Determine what the best measure is to compare benefits to costs, i.e. net present value or benefit -cost ratio. Deliverable — Needs Assessment and Methodology Memorandum Memoranda Task 2.3 — Cost -Benefit Analysis The Cost -Benefit Analysis will: • Include a well-defined baseline to measure the incremental benefits and costs of the ferry terminal construction and service • Analyze safety impacts as it relates to reduction in collisions, emergency response services, and connectivity between the peninsula and the east bay in the event of major disasters. Values shall include, but not be limited to: o Value of Statistical Life o Value of Injuries o Property Damage Only (PDO) Crashes Identify potential changes in health and evaluate the cost or benefit of such changes Address potential changes to income distribution and economic advancement Analyze potential environmental quality changes. Values shall include, but not be limited to: o Damage Costs for Air Pollutant Emissions o Social Cost of Carbon Dioxide (COA Emissions Page 12 of 17 REV: 01-15-19 VR ATTY/AGR.2019.016/CDM Smith