Capital and Life Cycle Costing
CAPITAL COST According to an economic analysis report performed by Pavement Technologies Solutions, there are three primary factors that dictate whether a paver installation can be cost competitive to a traditional asphalt pavement, namely: • the present cost of asphalt, which fluctuates with the price of oil • the cost of the paver • the method of paver installation For our part, Oaks offers several economical machine install products.
Paver: Hydr’eau Pave
MACHINE INSTALLATION: Some of our products are manufactured in pre-set patterns for optional machine installation (see the adjacent icon). Mechanical installation can reduce costs significantly for projects over 1,000 square metres (10,000 square feet). Please contact us for product-specific stitching details and more information about mechanical installation.
What is the expected service life of a sidewalk?
LIFE CYCLE ANALYSIS It has long been accepted that maintenance and rehabilitation costs - not just initial capital costs - should be considered when conducting an LCCA for pavements. “Life Cycle Cost Management of Interlocking Concrete Block Pavements – Methodology Report and Software” was developed by Applied Research Associated of Toronto to conduct LCCA for different pavement options including asphalt, cast-in-place concrete and segmental pavements. Please contact us for copies of the report and the software.
Concrete 80 years
Pavers 80 years
Asphalt 40 years
Source: Federation of Canadian Municipalities
UTILITY MAINTENANCE Segmental pavements offer the advantage of being able to remove and reinstate the wearing course, which can reduce labour, disposal and material replacement costs. There is no need for short-term patching products, and there are no changes to the area’s overall appearance when complete. This alone can save significant costs. Helpful Maintenance Tools: • Interlocking Concrete Block Pavement Distress Manual • Asset Management and Pavement Performance Prediction through Pavement Condition Index (Report and Software) • ICPI Tech Specs 19 & 23 • Oaks Tech Notes L3 and L4
APPLICATIONS AND SOLUTIONS
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