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2015 SESSION
SB 1159 Highway projects; Commonwealth Transportation Board to develop a life-cycle cost analysis.
Introduced by: John S. Edwards | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Life-cycle cost analysis of highway projects. Requires the Commonwealth Transportation Board to develop a life-cycle cost analysis for all primary highway projects approved by the Board for which the total cost of initial construction exceeds $500,000. The bill requires the analysis to include the total initial cost of the project and projected future maintenance costs and requires the Board to make project decisions accordingly.
FULL TEXT
HISTORY
- 01/13/15 Senate: Prefiled and ordered printed; offered 01/14/15 15102779D
- 01/13/15 Senate: Referred to Committee on Finance
- 01/21/15 Senate: Rereferred from Fin. (13-Y 0-N)
- 01/21/15 Senate: Rereferred to Transportation
- 01/28/15 Senate: Passed by indefinitely in Transportation with letter (15-Y 0-N)