Research Article
Aug 1972
Cost Estimating Model for Rural Interstate Highways
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VIEW THE REPLYPublication: Transportation Engineering Journal of ASCE
Volume 98, Issue 3
Abstract
Multiple regression analysis was applied to historical highway construction cost data in order to develop estimating models to determine future construction costs of Interstate highways in West Virginia. Gross construction costs were subdivided into categories such as: (1) Grade and drain costs; (2) paving costs; (3) major structure costs; and (4) total cost. Seventeen physical characteristics of each construction project were identified and analyzed as the independent variables of the regression equation. Based upon an independent verification check, it was found that by using regression analysis it is possible to estimate construction costs for the National System of Interstate and Defense Highways in West Virginia with a higher degree of accuracy than can be obtained by using unit cost figures. Furthermore, the regression analysis can employ, as independent variables, physical characteristics which can be defined for five mile road sections and collected with a minimum of manpower and field inspection.
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Information & Authors
Information
Published In
Transportation Engineering Journal of ASCE
Volume 98 • Issue 3 • August 1972
Pages: 531 - 546
Copyright
© 1972 American Society of Civil Engineers.
History
Published in print: Aug 1972
Published online: Feb 5, 2021
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Authors
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John Whitman
Drainage and Right of Way Maintenance Engr., City of Savannah, Savannah, GA
Frederick J. Wegman, AM.ASCE
Assoc. Prof., Systems-Design Dept., Coil. of Applied Science and Engrg., Univ. of Wisconsin-Mliwaukee, Mllwaukee, Wise.
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.