Transport infrastructure evaluation using cost-benefit analysis: improvements to valuing the asset through residual value—a case study
Residual value (RV) is an important component of Cost Benefit Analysis (CBA), often valued at 20% to 50% of total construction costs. It is often overlooked which can artificially depress the project?s returns. The treatment of RV is inadequate and needs further research. Residual value represents t...
Main Authors: | , , , |
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Format: | Working Paper |
Language: | en_US |
Published: |
Massachusetts Institute of Technology. Engineering Systems Division
2016
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Online Access: | http://hdl.handle.net/1721.1/102983 |