Tuesday, October 5, 2010

$27.6M for Lowercase Street Signs in NYC

Due to new DOT regulations, localities have until 2018 to replace all of their street signs with new ones that use a mix of upper and lower case letters and a new font, all in the name of improved driver safety. In NYC alone, it is expected to cost $27.6 million.

I wonder, is the expected savings in reduced fatalities and physical damage going to exceed $27 million in NYC? The article does not link to the study that is used to justify this expense and change. If this change is expected to cost $27 million, will the insurance rates for New Yorkers go down by that amount? If not, why is it being done? Why not just release the new standard and mandate that all new or replaced signs follow the new standard? Why force a wide-scale swap-out?

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