Life-Cycle Cost Analysis for Management of Highway Assets (2016) / Chapter Skim
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Pages 14-18
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12 CHAPTER THREE AGENCY PERSPECTIVES ON LIFE-CYCLE COST ANALYSIS AGENCY SURVEY LCCA data requirements and available models were discussed in chapter two of this report. To learn more about LCCA use within state highway agencies, a survey was performed in spring 2015 using an online survey tool.
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13 mittee members directly through phone or e-mail. In early April, AASHTO's program director for planning and policy was contacted to ask for assistance in encouraging state highway agency representatives to complete the survey.
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14 survey responses, 26 of 41 state agencies surveyed are currently using LCCA at the project level. For example, the agency uses LCCA to select between project alternatives that result in the same benefits with the lowest expected life-cycle costs.
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15 LCCA performed for pavements at the project level was most frequently reported to have a specific discount rate. Of the 41 respondents, 11 have asset-specific discounting rates for pavement at the project level, seven at the network/program level, and four at the asset level.
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16 TABLE 2 DATA/FACTORS NEEDED FOR LCCA BY STATE HIGHWAY AGENCIES Data/Factors Needed for LCCA Asset Level Project Level Network/ Program Level Capital Costs 1 (2%)
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