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Title: ECONOMIC ANALYSIS OF BRIDGE REHABILITATION OPTIONS CONSIDERING LIFE-CYCLE COSTS
Accession Number: 00756067
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: A method is described for performing an economic analysis of a large number of bridges to establish priorities and to make preliminary selection of rehabilitation options. Selecting the most cost-efficient rehabilitation scheme for bridges is a critical problem when resources are limited. The information required to perform the analysis is normally available from basic bridge inspection data. The method compares the cost and benefits of various rehabilitation alternatives with the consequences of not undertaking the rehabilitation. A program of bridge works can be selected on the basis of the highest ratios of net present value to capital cost. The computations are well suited to common spreadsheet computer programs. From the results of the computations, owners can prepare an appropriate budget to finance a bridge rehabilitation program. The method is particularly well suited to analyzing how expenditures should be allocated over time when funds are limited.
Supplemental Notes: This paper appears in Transportation Research Record No. 1624, Structural Analysis and Design: Bridges, Culverts, and Pipes.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Johnson, BPOWELL, TQueiroz, CPagination: p. 8-15
Publication Date: 1998
Serial: ISBN: 0309064694
Features: Figures
(1)
; References
(3)
; Tables
(5)
TRT Terms: Uncontrolled Terms: Subject Areas: Bridges and other structures; Design; Economics; Finance; Highways; I24: Design of Bridges and Retaining Walls
Files: TRIS, TRB
Created Date: Nov 2 1998 12:00AM
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