Life cycle costing of large-scale bridges used during the tender process subjected by design and build contracts

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F16%3A00301447" target="_blank" >RIV/68407700:21110/16:00301447 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Life cycle costing of large-scale bridges used during the tender process subjected by design and build contracts
Original language description
The main aim of this paper is to present a method that includes for operational cost considerations within the tendering process of projects, under the Design and Build procurement route, and by doing so to assist in selecting the most effective bid / option. This paper presents the method, which incorporates pre-defined requirements for the calculation of the Life Cycle Cost (LCC), and offers pre-determined weighting criteria for evaluating the proposed solutions of bridges and estimating the overall value of each bid. The method uses a web-based tool and enables the bidders to clearly estimate the overall LCC for their bid preparation. In turn the tender committee has in its hands the same tool that allows them to verify independently all results. In our view, the main goal of any like tender should not be rewarding the lowest cost bid, which is most likely to generate -long term -The higher operational costs, but to effectively assess and account for all factors affecting the Life Cycle of an asset in order to enhance its overall economic effect.
Czech name
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Czech description
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Central Europe towards Sustainable Building 2016 - Innovations for Sustainable Future
ISBN
978-80-271-0248-8
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
1418-1423
Publisher name
GRADA PUBLISHING
Place of publication
Praha
Event location
Prague
Event date
Jun 22, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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