Life Cycle Cost Based Large System Procurement for Rail

Technological advancement has reached a rate that we need to rethink how we handle procurements. From complex train control systems to traction propulsion components, it often seems that difference between cutting edge and functionally obsolete is a matter of a couple of years. This session looks at how agencies are grappling with the increasing rate of obsolescence by looking beyond the initial purchasing price to the lifecycle cost of increasingly complex interconnected systems.

This session is part of the full 2021 APTA-UITP Rail Conference Virtual Event available in APTAU Learning.