TRB Pubsindex
Text Size:

Title:

Life-Cycle Cost Approach to Infrastructure Cost Calculation and Allocation

Accession Number:

01128602

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://trb.org/Main/Blurbs/Data_System...nd_Travel_Survey_Methods_2009_162816.asp

Find a library where document is available


Order URL: http://worldcat.org/isbn/9780309126380

Abstract:

A forward-looking approach to infrastructure cost calculation is presented. The approach assumes a semiprivate infrastructure operator to determine user charges. The calculated tariffs provide an incentive for the operator to maintain and develop further the road network in a sustainable manner. The approach subdivides the road infrastructure network into its individual structures and calculates the asset value of each structure separately. Unit prices for structures are calculated on the basis of information pertaining to the construction cost of recently completed infrastructure investment projects. It is assumed that maintenance and investment decisions are undertaken before the prediction of traffic flows in such a way that influenceable life-cycle cost is minimized. The cost for each user generation is allocated to different user categories on the basis of the principles of cooperative game theory, reconciling fairness and efficiency criteria. The principles of life-cycle cost analysis guarantee that the developed approach is compatible with cost–benefit analysis, engineering design guidelines, and the International Accounting Standards. Compared with traditional infrastructure cost calculation methods, the developed approach allocates a lower percentage of costs to heavy goods vehicles and higher fees to the first user generations.

Monograph Accession #:

01147424

Report/Paper Numbers:

09-2446

Language:

English

Authors:

Liedtke, Gernot
Scholz, Aaron B

Pagination:

pp 13-21

Publication Date:

2009

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2121
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309126380

Media Type:

Print

Features:

Figures (1) ; References (18) ; Tables (3)

Subject Areas:

Administration and Management; Economics; Highways; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Jan 30 2009 6:48PM

More Articles from this Serial Issue: