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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.
Södertörn's District Court today approved an extension of Nynas company reorganisation for another three months, until June 15. The reorganisation process will now continue with a focus on actions for removal of US sanctions applicable to the company and to finalise the long-term funding.Read more about Extension of Nynas reorganisation approved
The WHO declared on March 11 that the global COVID-19 outbreak should now be classified as a pandemic, since it has spread to several countries around the world. At Nynas we take this situation very seriously and are doing our utmost to secure the business continuity and to limit the spread of the virus.Read more about Nynas business continuity - COVID-19
OFAC ready to initiate process for removal of sanctions applicable to Nynas.Read more about Nynas applies for extended reorganisation