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Abstract
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Article Information:
Practice of Value Assessment of Highway Physical Assets
Cai Shulong, Sun Liping and Bai Xu
Corresponding Author: Cai Shulong
Submitted: 2011 September, 23
Accepted: 2011 November, 16
Published: 2012 March, 01 |
Abstract:
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The aim of this study is to show the assessment for highway physical assets. According to the
highway construction and development needs for the scientific value of physical assets to determine road, this
valuation of physical assets on the road three basic ways: income approach, market approach, replacement cost
analysis and comparison method was fully discussed Their real meaning and application of limitations,
combined with the value of physical assets highway characteristics derived replacement cost method for
valuation of physical assets Highway conclusions; and further to the replacement cost of the basic principles
and application of a comprehensive exposition With specific evaluation example, how to apply the replacement
cost of physical assets on the highway, made a detailed description of valuation for physical assets into a new
rate of road to determine the characteristics of the more complex process, first proposed by highway
components of physical assets. The importance of project cost and combined into a new consolidated to
determine the rate of new ideas for the industry study.
Key words: Assessment methods, highway physical assets, replacement cost method, , , ,
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Cite this Reference:
Cai Shulong, Sun Liping and Bai Xu, . Practice of Value Assessment of Highway Physical Assets. Research Journal of Applied Sciences, Engineering and Technology, (05): 513-517.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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