Bridge Rehabilitation Financial Model and Case Study

Abstract

This article describes a financial model to identify the tangible and intangible costs and benefits associated with externally bonded fiber reinforced polymer (FRP) reinforcement of bridges. It is applied to the analysis of bridge G270 located on Route 32 in Iron county, Missouri, but also applies an approach that can be used with other bridges and structures. This research model represents an approach to address major issues in order to assist in the decision whether or not to rehabilitate specific bridges. Many of these issues are intangible, in that they do not lend themselves to exact or certain measurement. However, they can be analyzed and estimated so that the underlying assumptions are explicitly stated and better understood. This article includes a discussion of the approach that was selected for this model, a description of the methods used to estimate the costs and benefits, and the results and conclusions based on these estimates.

Department(s)

Engineering Management and Systems Engineering

International Standard Serial Number (ISSN)

0190-1052

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2024 American Society of Engineering Education, All rights reserved.

Publication Date

01 Dec 1999

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