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Title:

TOTAL COST EQUIPMENT PURCHASING

Accession Number:

00722632

Record Type:

Component

Availability:

Transportation Research Board Library

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The South Carolina Department of Transportation's Supply and Equipment Office was asked to review the purchasing of equipment via a method known as "total cost". The scope of this study was to evaluate the total cost method and compare it to the Department's conventional low bid method. An analysis of both methods using actual costs from each method shows that the Department's practice of conventional bids is the most economical of the two buying procedures.

Report/Paper Numbers:

Preprint F-1

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Hax, H L

Pagination:

19p

Publication Date:

1996

Conference:

Eleventh Equipment Management Workshop

Location: Syracuse, New York
Date: 1996-6-23 to 1996-6-26
Sponsors: Transportation Research Board Committee on Equipment Maintenance; New York State Department of Transportation; and Federal Highway Administration.

Features:

Photos (4) ; Tables (4)

Geographic Terms:

South Carolina

Old TRIS Terms:

South Carolina

Subject Areas:

Finance; Freight Transportation; Highways; Maintenance and Preservation; Vehicles and Equipment; I61: Equipment and Maintenance Methods

Files:

TRIS, TRB

Created Date:

Jun 24 1996 12:00AM