This paper examines the issue of
estimating recurrent costs associated with capital projects
in the investment budget. It is intended to help overcome
budget planning problems which give rise to the chronic
under-funding of maintenance and operating costs typical in
some developing economies. The objective is to provide
guidance in the preparation of budget submissions so that
information on the future recurrent cost implications of
today's capital spending is quantified in a way that
supports the authorities in making project selection and
budget decisions. The paper is in three parts. The first
part outlines some concepts and definitions involved in
measuring recurrent costs. The second part provides stylized
examples of individual projects. And the third part presents
some rough empirical guidance drawn from a sample of actual
investment projects.
Bibliographic Details
Main Authors: |
Hood, Ron,
Husband, David,
Yu, Fei |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2002-12
|
Subjects: | ACQUISITION,
ACQUISITION COSTS,
ADB,
AGRICULTURE,
AUDIT REPORTS,
AUTOREGRESSION,
BENEFIT ANALYSIS,
BUDGET DEFICITS,
BUDGETARY PROCESS,
CAPACITY BUILDING,
CAPITAL PROJECTS,
CASH BUDGETS,
COST ESTIMATES,
COST RECOVERY,
DEPRECIATION,
ECONOMIC ANALYSIS,
ECONOMIC DEVELOPMENT,
ECONOMIC INTEGRATION,
EMPIRICAL ANALYSIS,
ENVIRONMENTAL PERFORMANCE,
EXPENDITURE,
FISHERIES,
FORESTRY,
HUMAN CAPITAL,
INDIRECT COST,
INTEREST EXPENSE,
INTERNATIONAL TRADE,
MACROECONOMIC MANAGEMENT,
MACROECONOMIC POLICY,
MAINTENANCE COSTS,
MUNICIPAL DEVELOPMENT,
OPERATING COSTS,
POLLUTION,
POLLUTION CONTROL,
PROCUREMENT,
PRODUCTIVITY,
PROPERTY RIGHTS,
PUBLIC SERVICES,
QUALITY OF EDUCATION,
RECURRENT COST,
RECURRENT COSTS,
RECURRENT EXPENDITURES,
RESOURCES MANAGEMENT,
SAVINGS,
TELECOMMUNICATIONS,
URBAN DEVELOPMENT,
URBAN SERVICES,
USER CHARGES,
WAGES,
WATER SUPPLY,
INVESTMENT PROJECTS, |
Online Access: | http://documents.worldbank.org/curated/en/2002/12/2113665/recurrent-expenditure-requirements-capital-projects-estimation-budget-purposes
https://hdl.handle.net/10986/19195
|
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