Estimating User Costs as a Basis for Incentive/disincentive Amounts in Highway Construction Contracts

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ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Estimating User Costs as a Basis for Incentive/disincentive Amounts in Highway Construction Contracts by : James S. Gillespie

Download or read book Estimating User Costs as a Basis for Incentive/disincentive Amounts in Highway Construction Contracts written by James S. Gillespie and published by . This book was released on 1998 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (948 download)

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Book Synopsis Estimating road user costs as a basis for incentive/disincentive amounts in highway construction contracts by :

Download or read book Estimating road user costs as a basis for incentive/disincentive amounts in highway construction contracts written by and published by . This book was released on 1998 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Time-related Incentive and Disincentive Provisions in Highway Construction Contracts

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Publisher : Transportation Research Board
ISBN 13 : 0309154782
Total Pages : 76 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Time-related Incentive and Disincentive Provisions in Highway Construction Contracts by : Gary J. Fick

Download or read book Time-related Incentive and Disincentive Provisions in Highway Construction Contracts written by Gary J. Fick and published by Transportation Research Board. This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Systematic Procedures to Determine Incentive/disincentive Dollar Amounts for Highway Transportation Construction Projects

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ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis Systematic Procedures to Determine Incentive/disincentive Dollar Amounts for Highway Transportation Construction Projects by : Jae-Ho Pyeon

Download or read book Systematic Procedures to Determine Incentive/disincentive Dollar Amounts for Highway Transportation Construction Projects written by Jae-Ho Pyeon and published by . This book was released on 2012 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Highway Administration has encouraged state transportation agencies to implement Incentive/Disincentive (I/D) contracting provisions for early project completion. Although general guidelines to determine the I/D dollar amount for a project are available, there is no systematic and practical tool in use to determine optimum I/D dollar amounts for I/D projects considering road user cost, agency cost, contractor acceleration cost, and contractor cost savings. Therefore, systematic procedures and models to assist project planners and engineers in determining an appropriate I/D dollar amount are essential to optimizing the use of I/D contracting techniques. This research performed a literature review related to the determination of daily I/D dollar amounts. Caltrans I/D project data were then collected and evaluated. Project performance data were analyzed with regard to project outcomes in two key areas: project time and project cost. Statistical analyses were performed to identify the impact of I/D dollar amount on project time and cost performance. Using Construction Analysis for Pavement Rehabilitation Strategies (CA4PRS) software, Caltrans I/D projects were analyzed to introduce three different levels of CA4PRS implementations for the I/D dollar amounts calculation. Based on the results of the I/D project case studies, the systematic procedures to determine appropriate I/D dollar amounts were developed using the CA4PRS schedule-traffic-cost integration process for the new I5 rehabilitation project in LA. The proposed procedures were applied to a typical highway pavement rehabilitation project using HMA (hot mix asphalt) materials. Further research is needed to apply the proposed model to other types of highway projects, with adjustment for the type of project.

Optimal Incentive/Disincentive Determination Between Cost and Benefit

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (871 download)

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Book Synopsis Optimal Incentive/Disincentive Determination Between Cost and Benefit by : Piyush Sharma

Download or read book Optimal Incentive/Disincentive Determination Between Cost and Benefit written by Piyush Sharma and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In an effort to motivate contractors to complete construction projects early on high-impact highway pavement construction projects, state transportation agencies (STAs) including TxDOT have often used incentive/disincentive (I/D) contracts. However, determining I/D rates is extremely difficult due largely to the lack of systematic methods for helping STAs determine effective I/D rates. The primary goal of this project is to develop a novel framework for determining the most realistic and economical I/D dollar amounts for high-impact highway improvement projects. To achieve its goal, this project proposes an integration analysis including project schedule and the lower and upper bounds of the I/D contract. The lower bound is the contractor's additional cost of acceleration, and the upper is the total savings to road users and to the agency. The study data were gathered using Construction Analysis for Pavement Rehabilitation Strategies (CA4PRS) software. These data were then grouped by four different types of pavements, namely Joint Plain Concrete Pavement (JPCP), Continuously Reinforced Concrete Pavement (CRCP), Hot Mix Asphalt (HMA), and Milling and Asphalt Concrete Overlay (MACO). With these data, a series of regression analyses were carried out to develop predictive models for the validation of time-cost tradeoff to determine I/D lower bound. Road user cost and agency cost savings were quantified using CA4PRS to develop lookup tables to determine I/D upper bound. Adjustment of contractors' additional cost of acceleration with Level of Service (LOS) and total savings adjustment using Net Present Value (NPV) were incorporated in the research study to calculate point based estimates of I/D for lower and upper bound, respectively. Lastly, case studies on real world projects were conducted to evaluate robustness of the model. The research results reveal that the predictive models give appropriate results for the case studies in determining the I/D dollar amount for the lower and upper bound. This study will provide the research community with the first view and systematic estimation method that STAs can use to determine the most economical and realistic I/D dollar amount for a given project- an optimal value that allows the agency to stay within budget while effectively motivating contractors to complete projects ahead of schedule. It will also significantly reduce the agency's expenses in the time and effort required for determining I/D dollar amounts. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151087

Life-cycle Cost Analysis in Pavement Design

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Life-cycle Cost Analysis in Pavement Design by : James Walls

Download or read book Life-cycle Cost Analysis in Pavement Design written by James Walls and published by . This book was released on 1998 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Road User and Mitigation Costs in Highway Pavement Projects

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Publisher : Transportation Research Board
ISBN 13 : 9780309068222
Total Pages : 60 pages
Book Rating : 4.0/5 (682 download)

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Book Synopsis Road User and Mitigation Costs in Highway Pavement Projects by : David Leonard Lewis

Download or read book Road User and Mitigation Costs in Highway Pavement Projects written by David Leonard Lewis and published by Transportation Research Board. This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Use of Incentive/Disincentive Contracting to Mitigate Work Zone Traffic Impacts

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ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (857 download)

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Book Synopsis Use of Incentive/Disincentive Contracting to Mitigate Work Zone Traffic Impacts by : Andrew R. Mackley

Download or read book Use of Incentive/Disincentive Contracting to Mitigate Work Zone Traffic Impacts written by Andrew R. Mackley and published by . This book was released on 2012 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incentive/disincentive clauses (I/D) are designed to award payments to contractors if they complete work ahead of schedule and to deduct payments if they exceed the completion time. A previously unanswered question is, "Did the costs of the actual work zone impacts that were avoided justify the incentives paid?" This paper answers that question affirmatively based on an evaluation of 20 I/D projects in Missouri from 2008 to 2011. Road user costs (RUC) were used to quantify work zone impacts and included travel delays, vehicle operating costs, and crash costs. These were computed using work zone traffic conditions for partial-closure projects and detour volumes and routes for full-closure projects. Conditions during construction were compared to after construction. Crash costs were computed using Highway Safety Manual methodology. Safety Performance Functions produced annual crash frequencies that were translated into crash cost savings. In considering an average project, the percentage of RUC savings was around 13% of the total contract amount, or $444,389 of $3,464,620. I/D provisions were very successful in saving RUC for projects with full-closure, projects in urban areas, and emergency projects. Rural, non-emergency projects successfully saved RUC but not at the same level as other projects. The I/D contracts were also compared to all Missouri Department of Transportation contracts for the same time period. The results show that I/D projects had a higher on-time completion percentage and a higher number of bids per call than average projects. But I/D projects resulted in 4.52% higher deviation from the project budget and possibly more changes made after the award. A survey of state transportation departments and contractors showed that both agreed to the same issues that contribute to the success of I/D contracts. Overall, in terms of work zone impact mitigation, I/D contracts are very beneficial at a relatively low cost.

Developing and Validating a Highway Construction Project Cost Estimation Tool

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Developing and Validating a Highway Construction Project Cost Estimation Tool by :

Download or read book Developing and Validating a Highway Construction Project Cost Estimation Tool written by and published by . This book was released on 2004 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In May 2002, Virginia's Commonwealth Transportation Commissioner tasked his Chief of Technology, Research & Innovation with leading an effort to develop a definitive, consistent, and well-documented approach for estimating the cost of delivering construction projects. A task force that included Virginia Department of Transportation (VDOT) central and district office staff, Virginia Transportation Research Council staff, Commonwealth Transportation Board members, and a metropolitan planning organization member was formed to either locate a well-founded, tested method for estimating project costs that could be adapted for use by VDOT or develop one. The task group found that a VDOT district had been using an estimation worksheet for several years that produced consistent and reliable results for certain types of roadway and bridge construction. The task group determined that no other method examined had the specificity and potential of this tool. The project team expanded the tool by collecting extensive project data and obtaining evaluations of VDOT project management personnel statewide to develop it further. The existing Excel worksheet with roadway and bridge estimates was expanded to include construction engineering, to be applicable for interstates, and to generate estimates for right-of-way and utilities costs. Data on completed projects were collected from all VDOT districts to help calibrate the model further to account for cost variations across the state. The task group also recognized early on that a very strong focus on project scoping was essential to accurate project estimation. A previous VDOT scoping committee had determined that VDOT did not have a consistent, uniform method that was being used statewide to scope projects. As a result, project cost estimates made at the scoping stage often did not hold up over time because key project features were invariably overlooked. The result was inaccurate estimates. Testing of the cost estimation tool was completed in the summer of 2003. Analysis of a sample of completed VDOT construction projects throughout the state showed that the tool yielded results that, on average, differed from actual final project costs by 22 percent. After further modifications, the Project Cost Estimation System (PCES), as it was named, became a fully operational system for VDOT in October 2003. The PCES is composed of three elements: a cost estimation tool, an improved scoping process, and a project development website. The responsibility for maintaining and updating the PCES now rests with VDOT's Scheduling & Contract Development Division.

Code of Federal Regulations, Title 23, Highways, Revised as of April 1, 2010

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Publisher : Government Printing Office
ISBN 13 : 9780160853883
Total Pages : 628 pages
Book Rating : 4.8/5 (538 download)

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Book Synopsis Code of Federal Regulations, Title 23, Highways, Revised as of April 1, 2010 by :

Download or read book Code of Federal Regulations, Title 23, Highways, Revised as of April 1, 2010 written by and published by Government Printing Office. This book was released on 2010-06-16 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Code of Federal Regulations of the United States of America

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ISBN 13 :
Total Pages : 544 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Code of Federal Regulations of the United States of America by :

Download or read book The Code of Federal Regulations of the United States of America written by and published by . This book was released on 2002 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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ISBN 13 :
Total Pages : 566 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Code of Federal Regulations by :

Download or read book Code of Federal Regulations written by and published by . This book was released on 1997 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Design of Construction Work Zones on High-speed Highways

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Publisher : Transportation Research Board
ISBN 13 : 0309098793
Total Pages : 77 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Design of Construction Work Zones on High-speed Highways by : Kevin M. Mahoney

Download or read book Design of Construction Work Zones on High-speed Highways written by Kevin M. Mahoney and published by Transportation Research Board. This book was released on 2007 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Title 23 Highways (Revised as of April 1, 2014)

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Publisher : IntraWEB, LLC and Claitor's Law Publishing
ISBN 13 : 016091793X
Total Pages : 642 pages
Book Rating : 4.1/5 (69 download)

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Book Synopsis Title 23 Highways (Revised as of April 1, 2014) by : Office of The Federal Register, Enhanced by IntraWEB, LLC

Download or read book Title 23 Highways (Revised as of April 1, 2014) written by Office of The Federal Register, Enhanced by IntraWEB, LLC and published by IntraWEB, LLC and Claitor's Law Publishing. This book was released on 2014-04-01 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Code of Federal Regulations Title 23 contains the codified Federal laws and regulations that are in effect as of the date of the publication pertaining to Federal highways, including national highway traffic safety.

Techniques for Effective Highway Construction Projects in Congested Urban Areas

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Publisher : Transportation Research Board
ISBN 13 : 0309143233
Total Pages : 87 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Techniques for Effective Highway Construction Projects in Congested Urban Areas by : Thomas R. Warne

Download or read book Techniques for Effective Highway Construction Projects in Congested Urban Areas written by Thomas R. Warne and published by Transportation Research Board. This book was released on 2011 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 413: Techniques for Effective Highway Construction Projects in Congested Urban Areas explores a diverse set of techniques designed to address highway construction challenges in congested urban areas such as high-traffic volumes, utility conflicts, complex right-of-way acquisition issues, a diverse stakeholder base, and watchful news media. The report includes four case studies designed to help illustrate effective construction practices in congested urban areas.

Review of Road User Costs and Methods

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ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (857 download)

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Book Synopsis Review of Road User Costs and Methods by : Xiao Qin

Download or read book Review of Road User Costs and Methods written by Xiao Qin and published by . This book was released on 2013 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Dakota Department of Transportation (SDDOT) uses road user costs (RUC) to calculate incentive or disincentive compensation for contractors, quantify project-specific liquidated damages, select the ideal sequencing of a project, and forecast the long-term effects new construction will have on the traveling public. In this study, the current SDDOT road user cost methodology and associated unit costs were evaluated and changes were implemented to the methodology to allow for a more complete analysis that aligns with the needs of each department and their use of RUC. The methodology was used to construct a worksheet that allows users to calculate the RUC for both stages of project construction for which it is currently being calculated.

Cost Estimating Guide for Road Construction

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ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Cost Estimating Guide for Road Construction by : United States. Forest Service. Intermountain Region

Download or read book Cost Estimating Guide for Road Construction written by United States. Forest Service. Intermountain Region and published by . This book was released on 2000 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: