scholarly journals Exploring Public–Private Partnership Scheme in Operation and Maintenance Stage of Railway Project

2019 ◽  
Vol 11 (22) ◽  
pp. 6517
Author(s):  
Herawati Zetha Rahman ◽  
Perdana Miraj ◽  
Azaria Andreas
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Public Investment ◽  
Policy Formulation ◽  
Public Private Partnership ◽  
Government Support ◽  
Cost Evaluation ◽  
Private Partnership ◽  
Operation And Maintenance

Public–private partnership (PPP) has been extensively used in many sectors worldwide to provide alternative funding for public infrastructure. However, limited evidence found that this scheme was successfully adopted in railway transport particularly in the later stage of the project life cycle. Private participation during operation and maintenance stages are worthy of comprehensive research to cope with recovery of public investment and institutionalization problems. This research aims to analyze the potential of unbundling scenarios based on railway components by taking into account the Light Rail Transit (LRT) project in developing countries as the case study. A life cycle cost evaluation and sensitivity analysis were used to formulate a practical and regulatory framework for the macro-level of decision-making modeling. The findings indicate a possible scenario by considering the passenger demand, ticket price, and government support to generate the best option based on net present value (NPV) and internal rate of return (IRR). The proposed alternative recommends an attractive investment return for private interest, encourages lower support for government subsidy, and offers a reasonable tariff for the users. The study also suggests future implications from the adoption of research findings which may affect policy formulation and railway industry as a whole.

scholarly journals Analysis of Life Cycle Cost and Public-Private Partnership in the Development of Walini City as Technology Park

2018 ◽  
Vol 9 (7) ◽  
pp. 1469 ◽  
Author(s):  
Mohammed Ali Berawi ◽  
Asifa Nabila ◽  
Gunawan Gunawan ◽  
Perdana Miraj ◽  
Hamzah Abdul Rahman ◽  
...  
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Public Private Partnership ◽  
Private Partnership ◽  
Technology Park

scholarly journals Life-Cycle Break-Even Analysis of Electric Carsharing: A Comparative Study in China

2020 ◽  
Vol 12 (16) ◽  
pp. 6584
Author(s):  
Jingjing Jia ◽  
Shujie Ma ◽  
Yixi Xue ◽  
Deyang Kong
Keyword(s):  
Sensitivity Analysis ◽  
Life Cycle ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Market Price ◽  
Critical Factor ◽  
Field Investigation ◽  
Related Factors ◽  
Business To Consumer ◽  
Influential Variable

Electric carsharing (ECS) is a potential option to address the problem of unsustainability in the transportation sector. The business-to-consumer model of ECS, which is one of several different electric carsharing models, has gained much popularity in recent years. Generating sufficient revenue to cover costs is a critical factor for ECS companies to maintain healthy development. This study makes an economic analysis, on the basis of life-cycle cost and monetary revenue associated with the operation of ECS, of two Chinese ECS companies: EVCARD and LCCS. Based on data gathered by field investigation, this study aims to determine the break-even moment for each company’s main vehicle models by means of the net present value method. The results show that EVCARD achieved an earlier break-even moment than LCCS. The break-even moment of Chery eQ of EVCARD was the shortest of all the vehicle models, at only 181.3 min. Moreover, a sensitivity analysis was conducted to portray how different cost-related and revenue-related factors influence the break-even moment. Our findings indicate that a wide difference exists in terms of the influence of different factors on the break-even moment. Among these, the manufacturer’s suggested retail price is the most influential variable, followed by the unit rental price. The reaction of the break-even moment to the market price of a charging pile and the non-rental revenue per vehicle—especially the latter—was found to be negligible in the sensitivity analysis.

scholarly journals Least Cost Analysis of Energy Efficiency Upgrades for Ontario Using Trnsys

2021 ◽  
Author(s):  
Amir Fereidouni Kondri
Keyword(s):  
Life Cycle ◽  
Energy Consumption ◽  
Cost Analysis ◽  
Energy Efficient ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Hot Water ◽  
Life Cycle Costs ◽  
Residential Housing ◽  
Domestic Hot Water

This report presents the methodology for determining least cost energy efficient upgrade solutions in new residential housing using brute force sequential search (BFSS) method for integration into the reference house to reduce energy consumption while minimizing the net present value (NPV) of life cycle costs. The results showed that, based on the life cycle cost analysis of 30 years, the optimal upgrades resulted in the average of 19.25% (case 1), 31% (case 2a), and 21% (case 2b) reduction in annual energy consumption. Economic conditions affect the sequencing of the upgrades. In this respect the preferred upgrades to be performed in order are; domestic hot water heating, above grade wall insulation, cooling systems, ceiling insulation, floor insulation, heat recovery ventilator, basement slab insulation and below grade wall insulation. When the gas commodity pricing becomes high, the more energy efficient upgrades for domestic hot water (DHW) get selected at a cost premium.

scholarly journals Study on Internet Marketing Practices of Tourism Industry by Travel Agency of Nepal

Pravaha ◽  
2018 ◽  
Vol 24 (1) ◽  
pp. 137-146 ◽  
Author(s):  
Omprakash Prasad Yadav
Keyword(s):  
Private Sector ◽  
National Economy ◽  
Internet Marketing ◽  
Policy Formulation ◽  
Public Private Partnership ◽  
Tourism Industry ◽  
Travel Agency ◽  
Private Partnership ◽  
Tourism Sector ◽  
Travel Agencies

Nepal is famous destination for international travelers through tour started only after sixties. Nepal within two decades became successful to have it significant position in world tourism scenario. Tourism in Nepal becomes a strong contributor in National economy after it boomed in eighties. It has become important foreign export being major source of foreign exchange. A part from this, it has been contributing in creating direct & indirect employment opportunities. Realizing the importance of tourism sector to uplift national economy, Nepal government has formulated various policies plan, and strategies to develop tourism as sustainable industry. Tourism master plan 1972 was an important step in policy formulation Nepal Tourism Board (NTB) was established in 1999 with the principle of Public Private Partnership (PPP) with the Principle of Public Private Partnership (PPP) approach. Since then, NTB has been marketing "Nepal as an enchanting holiday destination in world tourism market. It has adopted various strategies and undertaken different activities in order to promote Nepal as a must visit destination. We have abundant resources for which the country enjoys competitive advantages. Tourism represent one among such sectors which could rebuild the image of the country bringing back multifaceted benefit to the country and the people at large it also emerged as an exemplary model for the Nepalese economy and represent around 4% to the country GDP and is also a major source of employment, it has developed as an independent sector of the economy heavily involving the Nepalese private sector. Travel agencies are among such private sector wings which are responsible to bring or has contributed to great extent to invite lots of tourist from all over the world. So to great extent promotion of tourism by these travel agencies has direct correlation with the inflow of tourist in Nepal. In order to find the perception of travel agencies regarding internet marketing prospect practiced in tourism sector. Pravaha Vol. 24, No. 1, 2018, Page: 137-146

Life Cycle Cost Analysis Case Study on Corrosion Remedial Measures for Concrete Structures

2012 ◽  
Author(s):  
Jin How Ho ◽  
Azlan Abd. Rahman
Keyword(s):  
Life Cycle ◽  
Cost Analysis ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Cost Effective ◽  
Concrete Bridges ◽  
Analysis Tool ◽  
Life Cycle Cost Analysis ◽  
Remedial Measures ◽  
Present Value

Artikel ini membincangkan kajian ringkas berkaitan analisis kos kitaran hayat terhadap langkah-langkah pembaikan pengaratan bagi jambatan dan struktur marin konkrit yang terdedah kepada karbonasi atau serangan natrium klorida daripada air laut atau sumber-sumber lain. Perisian kos kitaran hayat, Bridge LCC 2.0 digunakan untuk menjalankan analisi kitaran hayat untuk tiga kes kajian melibatkan kaedah nilai bersih kini. Keputusan kajian menunjukkan analisis kos kitaran hayat berkeupayaan untuk membantu jurutera dan agensi pengangkutan dalam menilai keputusan penyelenggaraan yang efektif berkaitan dengan masalah pengaratan. Ia boleh digunakan sebagai alat analisis ekonomi kejuruteraan yang membantu mantaksir kos-kos perbezaan dan membuat pilihan terhadap langkah pembaikan pengaratan yang berkesan. Analisis kos kitaran hayat bagi langkah pembaikan dipengaruhi oleh banyak pemboleh ubah seperti kos permulaan, kos penyelenggaraan, tahun kekerapan, dan jangka masa analisis. Amalan terbaik untuk analisis kos kitaran hayat bukan sahaja mengambil kira perbelanjaan oleh agensi, tetapi perlu mempertimbangkan kos-kos oleh pengguna dan analisis sensitiviti di sepanjang jangka hayat sesuatu langkah pembaikan. Kata kunci: Analisis kos kitaran hayat, jambatan konkrit, pengaratan, langkah, pembaikan, pemulihan struktur, keberkesanan kos, kaedah nilai bersih kini (NPV) This paper discusses a short study on life cycle cost analysis (LCCA) on corrosion remedial measures for concrete bridges and marine structures, which are subjected to carbonation or ingress of sodium chloride from sea water and other sources. Life cycle costing software, Bridge LCC 2.0, was used to perform life cycle cost analyses on three case studies, based on net present value method. The analysis of the results showed that LCCA is capable of assisting engineers or transportation agencies to evaluate optimum maintenance decisions in corrosion–related problems. It can be used as an engineering economic analysis tool that helps in qualifying the differential costs and choosing the most cost–effective corrosion remedial measures. Life cycle costs for the remedial measures are influenced by many costing variables such as initial costs, periodic maintenance costs, frequency years and analysis period. The best practice of LCCA should not only consider agency expenditures but also user costs and sensitivity analysis throughout the service life of a remedial measure. Key words: Life cycle analysis, concrete bridges, corrosion, remedial measures, structural rehabilitation, cost-effective, net present value method (NPV)

scholarly journals PRINSIP PROPORSIONALITAS DAN GOVERNANCE TERHADAP ALOKASI DAN TRANSFER RISIKO DALAM SKEMA KERJASAMA PUBLIC-PRIVATE PARTNERSHIP (PPP)

Yuridika ◽  
2017 ◽  
Vol 32 (3) ◽  
pp. 541
Author(s):  
Yuniarti Yuniarti ◽  
Fifi Junita
Keyword(s):  
Risk Sharing ◽  
Public Private Partnership ◽  
Government Support ◽  
Risk Allocation ◽  
Infrastructure Development ◽  
Transfer Scheme ◽  
Private Partnership ◽  
Force Majeure ◽  
The Government ◽  
High Level

The high level of Foreign Direct Investment (FDI) is also supported by the availability of infrastructure to the remote area where the investment will be implemented. However, with limited funds from both APBN and APBD, infrastructure development can not be fully done by the government. Therefore, the government will cooperate with the investor (private) in the implementation of infrastructure development known as public private partnership. The main problem in implementing PPP is the allocation of risk to PPP projects. The different bargaining positions between the government and the private sector resulted in the fact that most of them impose risks on private parties (private). Implementation of PPP is closely related to the emergence of various risks including and not limited to regulatory risks, force majeure, etc. If there is no risk allocation arrangement proportionally based on governance principles, it weakens the pattern of PPP cooperation in Indonesia. PPP as one form of risk sharing in infrastructure investment should not release the role and government support to private parties / investors. Even in practice, PPP implementation in Indonesia only relies on BOT (Build Operate and Transfer) scheme which is expected to minimize government support in project implementation. This will ultimately lead to project failure.

scholarly journals IMPLEMENTASI LIFE CYCLE COST PADA GEDUNG BANK MANDIRI SYARIAH YOGYAKARTA

2020 ◽  
Vol 8 (1) ◽  
pp. 46-55
Author(s):  
Sola Fide Krisnanda
Keyword(s):  
Life Cycle ◽  
Cost Analysis ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Life Cycle Cost Analysis ◽  
Present Value

Dalam pembangunan sebuah gedung, pemilik gedung pasti dihadapkan dengan berbagai alternatif dalam melakukan pemilihan suatu material, produk ataupun sistem gedung. Selain aspek teknis, biaya pun turut menjadi aspek penting yang perlu menjadi salah satu pertimbangan. Untuk mengetahui pilihan alternatif yang lebih hemat diperlukan metode penghitungan, salah satunya adalah dengan menggunakan metode  analisis life cycle cost (LCC). LCC menghitung keseluruhan biaya mulai dari biaya awal, biaya penggantian serta biaya operasional dan pemeliharaan. Metode yang dilakukan pada studi ini menggunakan life cycle cost analysis berdasarkan ISO 15686:5 dengan periode 25 tahun. Net present value juga diterapkan dalam perhitungan untuk mencari nilai saat ini dari total LCC. Hasil perhitungan pada bangunan Bank Mandiri Syariah Yogyakarta dirumuskan menjadi tiga kelompok estimasi biaya yaitu biaya awal, biaya operasional dan biaya pemeliharan dan penggantian dengan besar biaya masing-masing Rp 19,412,002,758 (47%), Rp 15,979,434,435 (39%) dan Rp 5,868,499,911 (14%). Total LCC 25 tahun sebesar Rp 41,259,937,014.

scholarly journals The Nexus Between Internal Investment and Economic Growth in Kenya

2020 ◽  
pp. 29-93
Author(s):  
Andrew K. Kamenju ◽  
Olweny
Keyword(s):  
Economic Growth ◽  
Risk Premium ◽  
Forecast Error ◽  
Public Investment ◽  
Investment Decisions ◽  
Public Private Partnership ◽  
Domestic Investment ◽  
Private Partnership ◽  
Real Gdp ◽  
The Government

Countries with a high investment GDP ratio benefit from better, competitive products and services. Which increases capital stock for production, more employment, and income; in turn reducing social and income disparities. The Kenyan government envisaged a sustained economic growth of 10% by investing in priority sectors; to become an industrialized middle-income country by the year 2030; though un-achieved to date. To examine the nexus between internal investments and economic growth, the study used annual time-series observations from the years 1996 to 2017; where internal investments are from the government; private domestic; and public-private partnership; and exogenous variables were rates of real interest; social discount; commercial lending interest; and the country risk premium on lending for investment decisions. The inference used stationarity; cointegration; significance; causality; variance decomposition of forecast error; and impulse response function. Stationarity tests suited the ARDL model which also supports small size observations. Findings were; a significant and positive influence on economic growth from lags of real GDP, government, private domestic, except public-private partnership investments. Anticipation for growth lies with; significant pairwise causality (real GDP with public investment); significant block exogeneity (public investment); endogeneity (real GDP), and exogeneity (public investment) influence; and short-run private domestic investment recovery. Keywords: ARDL, Economic Growth, Public Investment, Private Domestic Investment, Public-Private Partnership Investment, Investment Decisions.

Sign in / Sign up

Export Citation Format

Share Document