Publication Details

Improving Transportation Investment Decisions Through Life-Cycle Cost Analysis

Primary Topic: Pavement Issues

Description: In the face of increasing public scrutiny, transportation agency officials are under great obligation to demonstrate their stewardship of taxpayer investments in transportation infrastructure. Many transportation agencies are investigating economic tools that will help them choose the most cost-effective project alternatives and communicate the value of those choices to the public. The Federal Highway Administration (FHWA) believes that life-cycle cost analysis (LCCA) can help transportation agencies with this process.

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