Asset management of road infrastructure in the Netherlands: a framework for an integrated life cycle model
Title: Asset management of road infrastructure in the Netherlands: a framework for an integrated life cycle model
Author(s): Rupin Soti, Harry Habing
Paper category : conference
Book title: 2nd International Symposium on Service Life Design for Infrastructures
Editor(s): K. van Breugel, Guang Ye, Yong Yuan
Publisher: RILEM Publications SARL
Publication year: 2010
Pages: 1199 - 1207
Total Pages: 9
Nb references: 23
Abstract: It is a well known fact that transport infrastructure is vital to economic well-being of a nation. And today companies (active in highway construction and management business) face many challenges such as matured networks, increased accountability and public expectations.
To cope with these challenges, we see a worldwide trend towards a more structured approach to the management of road assets.
Asset Management is a business process and a decision-making framework that covers an extended time horizon, draws from economics as well as engineering, and considers a broad range of assets. The Asset Management approach incorporates the economic assessment of trade-offs between alternative investments options, and uses this information to help make cost-effective investment decisions.
The recent years the bigger principals within the Netherlands are changing their policy for offering contracts. More and more DBFM (Design, Built, Finance, and Maintain) and performance based (maintenance) contracts lead up to a fast changing business landscape.
The objective of this paper is to introduce an Asset Management approach with special concentration on introducing a framework for an Integrated Life Cycle model and justify its need for the Dutch road infrastructure market.
Online publication: 2011-04-20
Publication type : full_text
Public price (Euros): 0.00