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Table 5 Agency cost for alternative 1

From: Modeling life expectancy and cost effectiveness for UHPC bridge retrofitting techniques

Year

Activities

Agency Costs

Discount Factor (3% Rate)

Present Cost

0

Initial Construction

$633,981

1

$633,981

10

Preventive Maintenance

$30,250

0.744

$22,509

20

Preventive Maintenance

$30,250

0.554

$16,749

30

Rehabilitation (Replacement of the concrete slab)

$633,981

0.412

$261,192

40

Preventive Maintenance

$30,250

0.307

$9,273

50

Preventive Maintenance

$30,250

0.228

$6,900

60

Salvage Value

0

 

$0

   

Total

$950,604

  1. It is assumed in the analysis that there is no inflation