LIMITED ACCESS HIGHWAY CONSTRUCTION COSTS IN THE TRI-STATE REGION

REGION-WIDE EXPRESSWAY INSTALLATION COST CRITERIA HAVE BEEN DEVELOPED FOR THE TRI-STATE METROPOLITAN AREA. DATA WERE DRAWN FROM THE 1965 ESTIMATES OF THE COST OF COMPLETING THE NATIONAL SYSTEM OF INTERSTATE AND DEFENSE HIGHWAYS. EXPRESSWAY INSTALLATION EXPENDITURE ESTIMATES WERE ANALYZED FOR OVERALL ROAD-MILE AND LANE-MILE COSTS AND FOR SEPARATE COST ELEMENTS, SUCH AS RIGHT-OF-WAY, GRADING AND SURFACING, STRUCTURES, INTERCHANGES, ENGINEERING, AND OTHERS. ALL OF THESE COSTS WERE RELATED TO GROSS POPULATION DENSITY. THE RESULTING REGRESSION EQUATIONS PROVIDE FOUR DIFFERENT COST ESTIMATION APPROACHES: FOR OVERALL ROAD-MILES, OVERALL LANE-MILES, LANE-MILE AND SEPARATE INTERCHANGE ESTIMATES, AND ESTIMATION BY SEPARATE ROAD ELEMENTS. ALL FOUR CRITERIA WERE TESTED BY ESTIMATING CONSTRUCTION COSTS FOR ROAD SEGMENTS, THE COSTS OF WHICH WERE KNOWN BUT NOT INCLUDED IN THE STUDY SAMPLE. ALL FOUR ESTIMATION APPROACHES WERE FOUND TO GIVE SATISFACTORY RESULTS. /AUTHOR/

Media Info

  • Media Type: Print
  • Features: Figures; Tables;
  • Pagination: pp 35-48,
  • Monograph Title: Highway costs and finance
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00201616
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Jan 23 1994 12:00AM