Cannot find DAC assembly Microsoft.SqlServer.Dac.dll

Problem:
Cannot find DAC assembly ‘C:\Program Files (x86)\Microsoft SQL Server\110\DAC\bin\Microsoft.SqlServer.Dac.dll’

Solution:
Install Data-Teir Application Framework components

Missing 110\DAC\bin\Microsoft.SqlServer.Dac.dll
Microsoft® SQL Server® 2012 Data-Tier Application Framework (March 2013)
http://www.microsoft.com/en-gb/download/details.aspx?id=36842

Missing 100\DAC\bin\Microsoft.SqlServer.Dac.dll
Microsoft® SQL Server® 2008 R2 Data-Tier Application Framework v1.1 Feature Pack
http://www.microsoft.com/en-gb/download/details.aspx?id=24000