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Book Summary:
This indispensable book presents a unique and robust solution to the problems faced by operators of efficiently investing in deteriorating water distribution networks everywhere. The deterioration of these networks affects the quality of service delivered to customers, as well as increasing costs to the service provider through the decreasing efficiency of the infrastructure. Whole life costing (WLC) aims to achieve the lowest network provisions and operating cost, when all costs are considered to achieve all statutory standards. When applied to service infrastructure, WLC can be used to consider all the costs (private & social) that accrue to its initiation, provision, operation, maintenance, servicing and decommissioning, over its useful life. Detailed within this essential book is the development of a WLC methodology for water distribution networks, built by linking the costs incurred by providing a service to customers, to the quantities that drive them. These drivers are often a function of network performance and the service received by the customer. Thus, the book becomes a valuable reference for both the cost accounting and performance modelling of water distribution networks. Throughout the book a wide coverage of WLC is presented, from basic theory through to the application of a decision tool to water distribution networks and the implications of making decisions on a WLC basis. The formulation of the WLC methodology is detailed, with various alternatives provided and advice given on the most suitable approaches. This book clearly demonstrates the application of the WLC Methodology within the regulated water industry in England and Wales. Throughout, reference is made to the data available to these companies, whether this is required for regulatory purposes or recorded otherwise. |
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