Economic Analysis

HIGHWAY ENGINEERING
HighwayBrief description of Bidding Process

1.2.1 The Authority has adopted a two-stage process (collectively referred to as the "Bidding
 Brief description of Bidding Process

 Thomas R. Marshall (March 14, 1854 – June 1, 1925) was

a Democratic politician who served
1.2.1 The Authority as the 28th
has adopted Vice President
a two-stage process of the United
States from 1913 to 1921. As
(collectively the 27th
referred to asGovernor
the "Bidding of Indiana,
Process")hefor proposed
selection a new,
controversial state constitution and pressed for other Progressive Era reforms.
ofgovernor,
His popularity as the bidder and
for award of thestatus
Indiana's Project. asThe first stage
a critical swing(thestate, helped
him secure the "Qualification
vice presidential nomination
Stage") of the processon a ticket qualification
involves with Woodrow (the
Wilson in 1912 and win the general election. During World War I, after a small
“Qualification”)
number of anti-war senators keptof interested parties/
the Senate consortia who
deadlocked make an to end
by refusing
debate, Marshall led the body
Application to adopt
in accordance its the
with firstprovisions
rule allowing filibusters
of this RFQ (theto be
ended by a two-thirds majority vote. After a stroke incapacitated Wilson in
"Applicant.
October 1919, many cabinet officials and Congressional leaders urged
Marshall to become acting president, but he refused to forcibly assume the
presidency for fear of setting a precedent. Well known for his wit and sense of
humor, he once quipped during a Senate debate, "What this country needs is
a really good five-cent cigar".
Well foundation is a type of deep foundation.
Which is mostly used in India and abroad for the construction of bridge over
river .
It may be circular, rectangular or D-shape in plan and may consist of one,
two or more compartments in plan.
Here in Yamuna Bridge we are using circular well of 8 meter diameter (outer)
*
Before saleTo
saleEntitled to all
disclose rents, profits
material defects
*DUTIES OF SELLER BEFORE SA
rn state of society".[3] However, many romances, including the historical romances of Scot

Buyer’s DutiesBefore
(i) To disclose SaleTo
any material disclose
defect- Thef
* sale
After
Buyer’s RightsBefore SaleChare on pro
To give possession to the buyer To cov
 Net Present Worth (NPW)

NPW = -Co - [𝐶𝑛 - 𝐵𝑛 ] (P/A - i – n)

Co : capital cost / first cost

Cn : continuing costs (maintenance, operating, etc)
Bn : benefits ( saving, salvage, revenues etc)
(1+𝑖)𝑛 −1
(P/A - i – n): P = A [ ]
𝑖(1+𝑖)𝑛
 Example

 The department of Traffic is considering three improvement plans for a

heavily traveled intersection within the city. The intersection improvement
is expected to achieve three goals : to improve travel speeds, to increase
safety and to reduce operating expenses for motorists. The annual dollar
value of savings compared with existing conditions for each criterion as
well as additional construction and maintenance costs is shown in table. If
the economic life of the road is considered to be 50 years and the
discount rate is 3 percent, which alternative should be selected? Solve
the problem using the NPW methods for economic analysis.