14 CFR Parts 382 and 399; 49 CFR Part 27 - Nondiscrimination on the Basis of Disability in Air Travel: Accessibility of Web Sites and Automated Kiosks at U.S. Airports - Preamble
Summary of Regulatory Analysis
The regulatory analysis summarized in the table below shows that the estimated monetized costs of the Web site and kiosk requirements exceed their estimated monetized benefits at the 7% discount rate but the monetized benefits exceed the costs at the 3% discount rate. The present value of monetized net benefits for a 10-year analysis period is estimated to be −$4.0 million at a 7% discount rate and $13.7 million at a 3% discount rate. Additional benefits and costs were also identified for which quantitative estimates could not be developed. The Department believes that the qualitative and non-quantifiable benefits of the Web site and kiosk accessibility requirements combined with the quantifiable benefits justify the costs and make the total benefits of the rule exceed the total costs of the rule. A more detailed discussion of the monetized benefits and costs for the final Web site and kiosk accessibility requirements is provided in the Regulatory Analysis and Notices section below.
| Monetized benefits and costs | Discounting period/rate | Web sites | Kiosks | Present value (millions) |
|---|---|---|---|---|
| Monetized Benefits | 10 Years, 7% discounting | $75.9 | $34.8 | $110.7 |
| 10 Years, 3% discounting | 90.3 | 42.0 | 132.3 | |
| Monetized Costs | 10 Years, 7% discounting | 79.8 | 34.9 | 114.7 |
| 10 Years, 3% discounting | 82.5 | 36.1 | 118.6 | |
| Monetized Net Benefits | 10 Years, 7% discounting | (3.9) | (0.1) | (4.0) |
| 10 Years, 3% discounting | 7.8 | 5.9 | 13.7 |
* Present value in 2016 for Web site requirements and 2017 for kiosk requirements.
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