EPA Science Inventory

DECISION ANALYSIS OF INCINERATION COSTS IN SUPERFUND SITE REMEDIATION

Citation:

Perdek*, J M. DECISION ANALYSIS OF INCINERATION COSTS IN SUPERFUND SITE REMEDIATION. ENVIRONMENTAL ENGINEERING SCIENCE. Mary Ann Liebert, Inc., Larchmont, NY, 14(1):15-26, (1997).

Description:

This study examines the decision-making process of the remedial design (RD) phase of on-site incineration projects conducted at Superfund sites. Decisions made during RD affect the cost and schedule of remedial action (RA). Decision analysis techniques are used to determine the extent of information on the waste characteristics that should be released to prospective bidders on a fixed price RA contract for a specific site. The decision maker has two alternatives: prepare the project specifications including only the description of the waste provided in the remedial investigation/feasibility study or obtain additional information on the waste characteristics during RD. The dilemma facing decision makers is that costs, in both time and money, are associated with acquiring additional information, whereas having more information may result in cost savings since bidders base their cost estimates on the description of the waste characteristics. In the analysis, the net benefits of providing bidders with additional information are determined for the subject site. The results show that the benefits of obtaining information outweigh the costs only when the cost of obtaining the information, in terms of both time and money, is not too great.

Purpose/Objective:

information

URLs/Downloads:

DECISION ANALYSIS OF INCINERATION COSTS IN SUPERFUND SITE REMEDIATION   Exit

Record Details:

Record Type: DOCUMENT (JOURNAL/PEER REVIEWED JOURNAL)
Start Date: 09/01/1997
Completion Date: 09/01/1997
Record Last Revised: 11/19/2008
Record Created: 12/08/2004
Record Released: 12/08/2004
OMB Category: Other
Record ID: 111734

Organization:

U.S. ENVIRONMENTAL PROTECTION AGENCY

OFFICE OF RESEARCH AND DEVELOPMENT

NATIONAL RISK MANAGEMENT RESEARCH LABORATORY

WATER SUPPLY AND WATER RESOURCES DIVISION

URBAN WATERSHED MANAGEMENT BRANCH