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Estimating User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts


Estimating User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts
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Estimating User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts


Estimating User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts
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Author : James S. Gillespie
language : en
Publisher:
Release Date : 1998

Estimating User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts written by James S. Gillespie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Road construction contracts categories.


The Virginia Department of Transportation (VDOT) occasionally includes an incentive/ disincentive for early completion (I/D) in its construction contracts. This report presents the results of a project to identify procedures that would (1) enhance the effectiveness and enforceability of the I/D provision and (2) reduce the staff time and effort necessary to determine the need for an I/D and to calculate an appropriate per-day dollar amount. The researcher first reviewed the relevant literature pertaining to construction contracts and to road user cost calculation, and then evaluated the available user cost methodologies, especially computer software. Next, the researcher surveyed the current use of I/D provisions in Virginia and other states, and described VDOT's current project development process, with special emphasis on the user cost data that are typically generated during that process. The report makes five conclusions. First, various forms of I/D, though known by a variety of names, are fundamentally similar. Second, use of an incentive rather than a disincentive alone enhances the enforceability of the disincentive clause, though it may increase the final cost of the contract. Third, cost-plus-time bidding enhances the effectiveness of the incentive clause and the enforceability of the disincentive clause. Fourth, the end of the design public hearing is a logical point for VDOT to judge the need for an I/D. Fifth, road user cost savings calculated from the output of the Highway Capacity Software already in common use in VDOT forms a legally sound justification for a per-day dollar I/D amount.



Estimating Road User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts


Estimating Road User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts
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Author :
language : en
Publisher:
Release Date : 1998

Estimating Road User Costs As A Basis For Incentive Disincentive Amounts In Highway Construction Contracts written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.




Time Related Incentive And Disincentive Provisions In Highway Construction Contracts


Time Related Incentive And Disincentive Provisions In Highway Construction Contracts
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Author : Gary J. Fick
language : en
Publisher: Transportation Research Board
Release Date : 2010

Time Related Incentive And Disincentive Provisions In Highway Construction Contracts written by Gary J. Fick and has been published by Transportation Research Board this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.


This report will be of interest to state and local highway agency construction managers and contractors with regard to learning about best practices of time-related incentive and disincentive contract provisions and their effect on staffing levels, productivity, project cost, quality, contract administration, and the contractor's operations and innovations. The report also presents a decision process guide to use as a template for crafting the incentive/disincentive provisions.



Life Cycle Cost Analysis In Pavement Design


Life Cycle Cost Analysis In Pavement Design
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Author : James Walls
language : en
Publisher:
Release Date : 1998

Life Cycle Cost Analysis In Pavement Design written by James Walls and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Life cycle costing categories.


This Interim Technical Bulletin recommends procedures for conducting Life-Cycle Cost Analysis (LCCA) of pavements, provides detailed procedures to determine work zone user costs, and introduces a probabilistic approach to account for the uncertainty associated with LCCA inputs.



Design Of Construction Work Zones On High Speed Highways


Design Of Construction Work Zones On High Speed Highways
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Author : Kevin M. Mahoney
language : en
Publisher: Transportation Research Board
Release Date : 2007

Design Of Construction Work Zones On High Speed Highways written by Kevin M. Mahoney and has been published by Transportation Research Board this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Road construction workers categories.




Road User And Mitigation Costs In Highway Pavement Projects


Road User And Mitigation Costs In Highway Pavement Projects
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Author : David Leonard Lewis
language : en
Publisher: Transportation Research Board
Release Date : 1999

Road User And Mitigation Costs In Highway Pavement Projects written by David Leonard Lewis and has been published by Transportation Research Board this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


This synthesis report will be of interest to transportation agency planners; design, construction, and maintenance engineers; and administrators, managers, economists, and other decisionmakers involved in programming highway pavement projects. This synthesis describes current practice with regard to road user and mitigation costs in highway pavement projects. Information for the synthesis was collected by surveying U.S. and Canadian transportation agencies and by conducting a literature search of both domestic and foreign publications. This report of the Transportation Research Board provides detailed information on the various methods employed by transportation agencies to estimate user costs. The advantages and disadvantages of each are reported. Information on the various components of user costs (that is, time related, vehicle operating, safety, and environmental costs) is also included. In addition, the study reports on the various mitigation strategies available to agencies to reduce user costs. Information is also provided on how user costs and mitigation strategies have been applied to evaluate different alternatives; and how uncertainties, political considerations, and quality control contribute to the decisionmaking process.



Evaluation Of Alternative Contracting Techniques On Fdot Construction Projects


Evaluation Of Alternative Contracting Techniques On Fdot Construction Projects
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Author :
language : en
Publisher:
Release Date : 2007

Evaluation Of Alternative Contracting Techniques On Fdot Construction Projects written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Road construction contracts categories.




Code Of Federal Regulations Title 23 Highways Revised As Of April 1 2012


Code Of Federal Regulations Title 23 Highways Revised As Of April 1 2012
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Author :
language : en
Publisher: Government Printing Office
Release Date : 2012-06-28

Code Of Federal Regulations Title 23 Highways Revised As Of April 1 2012 written by and has been published by Government Printing Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-28 with categories.




The Code Of Federal Regulations Of The United States Of America


The Code Of Federal Regulations Of The United States Of America
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Author :
language : en
Publisher:
Release Date : 2002

The Code Of Federal Regulations Of The United States Of America written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Administrative law categories.


The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.



Code Of Federal Regulations


Code Of Federal Regulations
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Author :
language : en
Publisher:
Release Date : 2017

Code Of Federal Regulations written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Administrative law categories.


Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.