COST-ESTIMATING MODEL FOR LOW-VOLUME ROADS

The Forest Service, U.S. Department of Agriculture, is required to perform accurate and comprehensive road cost estimates to carry out the legislative intent of Congress in the programming, allocation, and use of funds. This study utilizes multiple regression analysis to develop unit-price equations and total project cost equations for cost estimation. A sample consisting of 26 projects from the western United States is used for preliminary model development. The equations developed are applied to a second sample with six projects located in the same area. The results indicate that the model has potential for determining reliable preliminary road cost estimates. Because of its simplicity, this model could reduce the resources spent on this task and lead to the reduction of transportation cost.

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/trr/1986/1055/1055-007.pdf
• Summary URL:
  • https://scholar.google.com/scholar_lookup?title=COST-ESTIMATING+MODEL+FOR+LOW-VOLUME+ROADS&author=F.+Ou&author=C.+Swarthout&publication_year=1986
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0309039711
• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Low-Volume Roads. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
• Authors:
  • Ou, Fong L
  • Swarthout, Colburn D
• Publication Date: 1986

Media Info

• Features: References; Tables;
• Pagination: p. 51-56
• Monograph Title: Low volume rural roads
• Serial:
  • Transportation Research Record
  • Issue Number: 1055
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Costs; Equations; Estimating; Highway planning; Low volume roads; Mathematical models; Multiple regression analysis; Prices; Regression analysis
• Old TRIS Terms: Multiple regression; Unit prices
• Subject Areas: Data and Information Technology; Design; Finance; Highways; Hydraulics and Hydrology; Planning and Forecasting; I21: Planning of Transport Infrastructure;

Filing Info

• Accession Number: 00459585
• Record Type: Publication
• ISBN: 0309039711
• Files: TRIS, TRB
• Created Date: Nov 30 1986 12:00AM