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Q3. The municipality faced a lot of problems in Alin - Dubai Road accidents. In general, each normal accident cost $3,000, while each death accident

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Q3. The municipality faced a lot of problems in Alin - Dubai Road accidents. In general, each normal accident cost $3,000, while each death accident cost $5,000. According to that, the municipality had decided to propose a new project with the required budget of $120,000 that would help in reducing the number of accidents. You are Contractor Company, and you have these two proposals, which one, if any, should you have selected: (7 Marks) A. Build bridge over this road, the construction cost for this bridge $150,000, annual operation and maintenance $10,000, annual power loses $9,000, this bridge can reduce around 8 each year of normal accident and 5 each year of death one and the contracting will be for 20 years with MARR = 12% B. Increase number of lines in the road, the construction cost for these lines are $50,000, annual operation and maintenance $4,000, annual power lose $17,000, this bridge reduces around 5 each year of normal accident and 4 each year of death one and the contracting will be for 30 years with MARR =12%

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