scholarly journals Safety audit of becakayu toll road

2020 ◽  
Vol 1007 ◽  
pp. 012100
Author(s):  
Ni Luh Putu Shinta Eka Setyarini ◽  
Aniek Prihatiningsih ◽  
Kevin Tanes
Keyword(s):  
Toll Road

Association between CO in Blood and Lung Physique of Toll Road Officers

2020 ◽  
Vol 11 (2) ◽  
pp. 966
Author(s):  
Anon Winariani ◽  
Anon Soetomo ◽  
Anon Burhanudin
Keyword(s):  
Toll Road

The Model of Toll Road Length to Population in East Asia

2009 ◽  
Author(s):  
Lukas B. Sihombing ◽  
Budi S. Soepandji ◽  
Ismeth S. Abidin ◽  
Yusuf Latief
Keyword(s):  
East Asia ◽  
Toll Road

scholarly journals Risk analysis and strategic planning on bridge construction works at the toll road procurement projects in Central Java Province

2018 ◽  
Vol 49 ◽  
pp. 02020
Author(s):  
Hery Suliantoro ◽  
Nurul Fitriani ◽  
Bagus Hario Setiadji
Keyword(s):  
Avoidance Response ◽  
Construction Projects ◽  
Construction Project ◽  
Weather Forecast ◽  
Development Project ◽  
Response Strategy ◽  
Bridge Construction ◽  
Risk Response ◽  
Toll Road ◽  
The Impact

Risk is a condition caused by uncertainty. Risks will occur on any construction project, including bridge construction projects. Efforts that can be taken to minimize the impact of these risks are to engage in risk management activities. This research was conducted on bridge construction work on toll road procurement project in Pejagan-Pemalang, Pemalang-Batang and Salatiga-Kertasura. The purpose of this research is to analyze the risk of bridge development project in toll road project using Risk Breakdown Structure (RBS) method and then the result as database in discussing risk response strategy. The bridge construction project has 36 risks that are divided into six groups: materials and equipment, design, human resources, finance, management, nature and environmental conditions. Bad weather risks are the higest risk and seasonal risk causing temporary work stoppages. This risk-response strategy is avoidance. Short-term avoidance response strategy is to add shift workers, install tents and add additives in the acceleration of the process of maturation of concrete. The long-term avoidance response strategy is to evaluate and rearrange the work schedule by considering the weather forecast report.

Risk transfer in project finance loans for toll road using credit default swaps

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wei Yang ◽  
Afshin Firouzi ◽  
Chun-Qing Li
Keyword(s):  
Power Law ◽  
Credit Default Swaps ◽  
Free Cash Flow ◽  
Project Finance ◽  
Cost Of Debt ◽  
Power Law Model ◽  
Data Set ◽  
Content Type ◽  
Toll Road ◽  
Credit Default

Purpose The purpose of this paper is to demonstrate the applicability of the Credit Default Swaps (CDS), as a financial instrument, for transferring of risk in project finance loans. Also, an equation has been derived for pricing of CDS spreads. Design/methodology/approach The debt service cover ratio (DSCR) is modeled as a Brownian Motion (BM) with a power-law model fitted to the mean and half-variance of the existing data set of DSCRs. The survival probability of DSCR is calculated during the operational phase of the project finance deal, using a closed-form analytical method, and the results are verified by Monte Carlo simulation (MCS). Findings It is found that using the power-law model yields higher CDS premiums. This in turn confirms the necessity of conducting rigorous statistical analysis in fitting the best performing model as uninformed reliance on constant time-invariant drift and diffusion model can erroneously result in smaller CDS spreads. A sensitivity analysis also shows that the results are very sensitive to the recovery rate and cost of debt values. Originality/value Insufficiency of free cash flow is a major risk in the toll road project finance and hence there is a need to develop innovative financial instruments for risk management. In this paper, a novel valuation method of CDS is proposed assuming that DSCR follows the BM stochastic process.

scholarly journals MODEL ANTREAN NORMAL DAN TRIANGULAR (Studi Kasus : Gerbang Tol Tembalang Semarang)

2017 ◽  
Vol 10 (2) ◽  
pp. 107
Author(s):  
Sugito Sugito
Keyword(s):  
Data Analysis ◽  
System Model ◽  
Queue System ◽  
Toll Road ◽  
Road Users ◽  
Toll Booth

The growing number of vehicle in each year resulting an inevitable congestion, one of them is jamming vehicle transaction in Tembalang toll gate. This condition can cause dissatisfaction to the toll road users in obtaining services. It is need to be specified the appropriate queue system model to the conditions of service in Tembalang toll gate. So it can be determined the number of booth service is working optimally. Based on the data analysis obtained from the Arena software, the queue system model that can describe the conditions of service at Tembalang toll gates with data total- time, time-total, and time-time the direction of Srondol-Jatingaleh at the regular toll booth is (Norm/G/2):(GD/∞/∞), (G/Norm/2): (GD/∞/∞), (G/G/2): (GD/∞/∞) and at the automatic toll booth is (G/Tria/3): (GD/∞/∞), (Tria/G/3): (GD/∞/∞), (G/G/3): (GD/∞/∞) while with the direction of Jatingaleh-Srondol at the regular toll booth is (Norm/G/3): (GD/∞/∞), (G/Norm/3): (GD/∞/∞), (G/G/3): (GD/∞/∞) and (G/Tria/2): (GD/∞/∞),  (Tria/G/2): (GD/∞/∞), (G/G/2): (GD/∞/∞) at automatic toll booth.

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