In first part of this topic we have discussed about the various highway user benefits and highway operation costs. Being continuation of the same topic in this 2nd part we are going to discuss the highway costs.
- Highway Costs
In general the total highway cost for road user benefit analysis is the sum of the capital costs expressed on an annual basis and the annual cost of maintenance. This total cost for highway improvement is obtained from the estimate prepared from the preliminary plans.
The total cost of highway improvement project is calculated from the following components:
- Right of Way
- Grading, drainage and minor structure
- Major Structures like bridges
- Pavement and appurtenances
- Annual cost of maintenance and operation
- Annual Highway cost: