Trends in highway construction costs in Louisiana : technical summary.

Details

• Alternative Title:
  Trends in highway construction costs in Louisiana.
• Creators:
  Wilmot, Chester
• Corporate Creators:
  Louisiana Transportation Research Center
• Subject/TRT Terms:
  • Highway planning
  • Cost estimating
  • Road construction
  • Mathematical models
• Publication/ Report Number:
  319
• Resource Type:
  Tech Report
• Geographical Coverage:
  Louisiana
• Corporate Publisher:
  Louisiana Transportation Research Center
• Abstract:
  The objectives of this study are to observe past trends in highway construction costs in Louisiana, identify factors that determine these costs, quantify their impact, and establish a model that can be used to predict future construction cost in Louisiana. Highway construction costs in Louisiana rose very slowly in period 1978-1988 and then very rapidly during the next decade. The main reason for this phenomenon is that petroleum product prices and construction worker wages decreased significantly during the first decade and then stabilized, while the price of construction equipment, concrete, and reinforcement rose substantially in the second.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/22369/dot_22369_DS1.pdf
• File Type:
  [PDF - 139.94 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:e0d3f16422fd8c527d34601837e0234167048e3e119fa1f5a08ffb59f47c2b1b95bdaf80ebc5624656d39953595987399b1bb8fd83ac568a8db056aae4358c07