Prioritising bridge replacements

Road and Rail managers own a variety of assets which are aging and will need replacement. There is a risk insufficient funding is allocated for these replacements and that funding does not match demand. When assets meet the required level of service the community benefits. By comparing the benefits of new assets over old asset and the capital replacement cost we can understand the cost / benefit of capital replacements. Capital replacements projects can be prioritized in order of their benefit cost ratios. Projects with high benefit to cost ratios can be undertaken prior to those with lower ratios. Projects with ratios less than one will be set aside unless consequential benefits can be found.

Language

  • English

Media Info

  • Pagination: 7p
  • Monograph Title: 9th Australian Small Bridges Conference, Surfers Paradise, Queensland, 1-2 April 2019

Subject/Index Terms

Filing Info

  • Accession Number: 01714764
  • Record Type: Publication
  • Source Agency: ARRB Group Limited
  • Files: ITRD, ATRI
  • Created Date: Aug 26 2019 11:34AM