TY - GEN
T1 - Construction quality effects on pavement asset preservation and valuation
T2 - Applications of Advanced Technology in Transportation - Proceedings of the Ninth International Conference on Applications of Advanced Technology in Transportation
AU - Parker, Neville A.
AU - Hussain, Sajjad
AU - Ozbay, Kaan
AU - Jawad, Dima
PY - 2006
Y1 - 2006
N2 - Direct computation of life cycle cost consequences of as-constructed - as opposed to as-designed - quality measures, is presented as a basis for developing the pro-forma financial statements necessary for managing highway pavements as assets. The current and next-generation mechanistic-empirical pavement design and analysis models, combined with the development of easily deployable non-destructive testing technologies, increase the feasibility of estimating the combined effects of variations in the in-situ material properties that influence pavement quality and performance. These models can be deployed to develop the inputs to financial statements. In the process, one can not only develop a framework for monitoring financial health over any given performance period, but also estimate the difference between the life cycle costs associated with the as-designed and as-built pavement, which can, in turn, provide a basis for determining contractor penalties or bonuses, suggested here as being an important component of pavement asset management. Copyright ASCE 2006.
AB - Direct computation of life cycle cost consequences of as-constructed - as opposed to as-designed - quality measures, is presented as a basis for developing the pro-forma financial statements necessary for managing highway pavements as assets. The current and next-generation mechanistic-empirical pavement design and analysis models, combined with the development of easily deployable non-destructive testing technologies, increase the feasibility of estimating the combined effects of variations in the in-situ material properties that influence pavement quality and performance. These models can be deployed to develop the inputs to financial statements. In the process, one can not only develop a framework for monitoring financial health over any given performance period, but also estimate the difference between the life cycle costs associated with the as-designed and as-built pavement, which can, in turn, provide a basis for determining contractor penalties or bonuses, suggested here as being an important component of pavement asset management. Copyright ASCE 2006.
UR - http://www.scopus.com/inward/record.url?scp=35448970247&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=35448970247&partnerID=8YFLogxK
U2 - 10.1061/40799(213)30
DO - 10.1061/40799(213)30
M3 - Conference contribution
AN - SCOPUS:35448970247
SN - 0784407991
SN - 9780784407998
T3 - Applications of Advanced Technology in Transportation - Proceedings of the Ninth International Conference on Applications of Advanced Technology in Transportation
SP - 177
EP - 182
BT - Applications of Advanced Technology in Transportation - Proceedings of the Ninth International Conference on Applications of Advanced Technology in Transportation
Y2 - 13 August 2006 through 16 August 2006
ER -