For most institutions tasked with managing road assets across the globe, the traditional practice has been a ‘reactive approach’ of identifying existing defects within the road network and fixing as many as possible, subject to the available funds, with little regard to overall lifecycle costs. In 1988, the government of British Columbia, Canada, pioneered a new, more ‘proactive approach’ to road asset management by designing a road works contract...
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2022/11/18
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Report
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177851
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1
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2022/11/18
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Disclosed
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Assessing Economic Efficiency of Long-Term Road Asset Management Strategies
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Citation
Ogita,Satoshi; Palsson,Gylfi; Mills,Leslie Nii Odartey.
Assessing Economic Efficiency of Long-Term Road Asset Management Strategies (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099235011182219257