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Life-Cycle Cost Analysis
All new construction, reconstruction, rehabilitation and maintenance projects should employ some level of economic evaluation to determine the most cost effective method and timing. The FHWA report FHWA-SA-98-079, Life-Cycle Cost Analysis in Pavement Design defines life-cycle cost analysis (LCCA) as: “…an analysis technique that builds on the well-founded principles of economic analysis to evaluate the … Read more















