Tool to Estimate the Economic Cost of Pavement Deterioration Using Open Data Sources

This paper develops a tool that quantifies the additional direct costs accruing to highway users due to poor pavement conditions and estimates the necessary inputs to assess the total (direct, indirect and induced) economic losses. The paper presents the methodological approach for estimating the economic impacts arising from poor pavement condition based on the findings from the literature review; the metrics and open data sources to quantify the direct cost accrued by highway users; the formulas to monetize the direct costs; and the process to translate the monetized direct costs into the necessary model inputs for an economic model. The paper provides a practical example using data from three states and conducts a side-by-side comparison of the tool outcomes. Transportation agencies without sophisticated models and pavement condition data can benefit in many ways from the Economic Costs of Pavement Deterioration (ECPD) Excel-based tool. This tool estimates metrics on the economic cost of deteriorating pavement that are easily understood and broadly accepted by interested stakeholders and therefore, can be used to articulate the importance of highway preservation investments for economic growth.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: 20p

Subject/Index Terms

Filing Info

  • Accession Number: 01763521
  • Record Type: Publication
  • Report/Paper Numbers: TRBAM-21-04173
  • Files: TRIS, TRB, ATRI
  • Created Date: Dec 23 2020 11:03AM