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Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services

  • A. Rahman
  • G. Chattopadhyay
Part of the Engineering Asset Management Review book series (EAMR, volume 1)

Abstract

In the recent years, outsourcing maintenance services has become a part of strategies for cost and risk management. Outsourcing reduces upfront investments in infrastructure, expertise and specialised maintenance facilities. However, decisions on this need to take into account the total cost of ownership rather than the usual practice of procurement cost. The primary objective of this paper is to develop models for prediction of total cost of ownership and estimation of contract price for outsourcing maintenance services of rail infrastructure. A total cost of ownership model is developed considering procurement, maintenance, inspection and risks associated with the operation of a rail network.

Keywords

Preventive Maintenance Contract Price Rail Network Corrective Maintenance Maintenance Service 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

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Copyright information

© Springer 2010

Authors and Affiliations

  • A. Rahman
    • 1
  • G. Chattopadhyay
    • 2
  1. 1.School of EngineeringGriffith UniversitySouthportAustralia
  2. 2.Faculty of Science, Engineering and HealthCentral Queensland UniversityGladstoneAustralia

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