Scientific paper ID 1456 : 2017/3

This report looks at the possibilities of applying the Crash Cost Distribution method to produce a classification of costs as a result of accidents and incidents in rail transport in the Republic of Bulgaria according to their financial (market) and non-financial (non-market) nature. Such classification is necessary in order to produce reliable assessments of the impact of incidents and accidents in this type of transport on total losses to the economy. The report defines the main types of occurrences (accidents, incidents and incident-related situations) according to the classification of the Railway Infrastructure and Traffic Accident Investigation Unit (SIPPIT) and they are classified according to the ”Crash Cost Distribution” methodology. Conclusions have been made regarding the lack of information on the classification of non-financial and insurance costs as well as the potential for using the method in the preparation of analyzes and assessments of future investments to prevent and minimize the cost of accidents and incidents in the rail transport. The method can also be applied when analyzing the expected return on the investment resources invested in the railway transport system in terms of improving the safety of traffic, replacing the technical means and signaling systems and modernizing the infrastructur