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2. The parking lot directly across 15th street from Learned Hall was reconstructed in 2013. At the time, KU Design and Construction Management (DCM) was

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2. The parking lot directly across 15th street from Learned Hall was reconstructed in 2013. At the time, KU Design and Construction Management (DCM) was considering two main pavement options: * asphaltic concrete pavement, or pervious Portland cement concrete pavement. * To answer this question, KU DCM hired an engineering firm that specializes in the design of transportation and infrastructure systems. Let's assume you work for this engineering firm and this is your first project as a newly hired engineer-in-training. Your assignment is to perform a full life-cycle cost analysis of the two concrete pavement options to compare their Equivalent Worths. Your company has gathered all relevant information related to initial construction and ongoing maintenance costs and this information is provided in the tables on the next pages. Assume an interest rate of 4% and a study period of 20 years (these values are what KU DCM actually used in the "real world") Complete the "Answer Summary Table" below. Also show all vour calculations. In these tvpes of engineering studies. the format, professionalism, and clarity of how you communicate your analysis is just as important as the final answer itself (or actually even moreso!!!) (translation: you will be graded on the presentation of your analysis in addition to your final answer) Answer Summary Table: Pervious PC Concrete Option Asphaltic Concrete Option Initial Construction Cost per square yard Present Value Life-Cycle Cost per square yard Percent Cost Savings

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