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Whole life cost analysis provides a holistic, long-term approach to planning road maintenance, with benefits for industry, users and the environment.
The estimated total value of roads in the European Union is EUR 8,000 billion. Keeping this crucial asset in good working condition through planned maintenance is no easy task. In light of restricted budgets, there will be more focus on increasing road efficiency, and therefore an emphasis on maintenance, road performance and asset preservation.
Carrying out regular road condition surveys and planned maintenance is an effective means of managing Europe’s road infrastructure. Many factors must be taken into consideration for the best strategies to be implemented.
In this Guide, we explore whole life costing and how it can be used to maximise the lifespan of roads using the most economical approach possible.
The aim of whole life costing is to determine the total cost of ownership of an asset. This is done by calculating the direct and indirect costs that may occur during the asset's lifecycle. As a result, decision makers have a source of information that allows them to compare various maintenance strategies and determine the most economical option over a defined period.
As usual, Nynas will have a strong presence at the STLE Annual Meeting, presenting three different technical papers.Read more about The premier event for tribology research and lubrication engineering
Nynas has launched an Arctic grade transformer oil that withstands the toughest of climate conditions. It complies with one of the world’s most advancedstandards regulating the use of mineral oils in transformers. The new oil, NYTRO® Polaris GXN, is an example of Nynas’ broad global product range thatmeets practically any regional requirements.Read more about Arctic grade transformer oil to withstand the toughest climate