Total Cost of Ownership of Rail Signalling Systems
Background
Lifecycle costs are a well understood concept in networked infrastructure assets, for example, in utilities and telecoms. In the rail industry the concept is less widespread but no less useful a tool to inform resource allocation decisions or assess the relative merits of different rail signalling technologies across the whole asset lifecycle. Cost is not the only factor in implementing a signalling system, but it is an area that interests all rail infrastructure operators.