Features of public roads cost evaluation

Yuliia Bibyk, Olena Belska

Last modified: 2023-06-02

Abstract


The evaluation of the property of road economy is a complex and important issue for the road sector. During carrying out the evaluation of the property, it is recommended to use regulations, provisions of national standards on property evaluation and regulations of the State Property Fund.
Since the property of road economy can be attributed to a specialized type of property, which is the most useful in an integral property complex, then for its evaluation it is necessary to use cost approach methods. The article describes the methodical approaches and mechanisms of their implementation for evaluation of property of road economy. The basis of each of the methods is a set of evaluation procedures that will allow carrying out the evaluation. Practical approaches to property evaluation will promote a good coordination of the evaluation results and drawing up the reports and conclusions on their basis about evaluation of road economy property.

Keywords


inventory of property; valuation methods; valuation objects; road assets; information and analytical system.

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