Evaluation of ways and procedures to reduce construction cost and increase competition.

Details

• Alternative Title:
  Project title: Evaluations of ways and procedures to reduce construction cost and increase competition
• Creators:
  Damnjanovic, Ivan ; Anderson, Stuart ; Wimsatt, Andrew ; Reinschmidt, Kenneth F. ; Pandit, Devanshu
• Corporate Creators:
  Texas Transportation Institute
• Corporate Contributors:
  Texas. Dept. of Transportation. Research and Technology Implementation Office ; United States. Federal Highway Administration
• Subject/TRT Terms:
  • Bids
  • Costs
  • Roads--Texas--Costs
  • Construction contracts--Texas
• Publication/ Report Number:
  FHWA/TX-08/0-6011-1
• Resource Type:
  Tech Report
• Geographical Coverage:
  Texas
• Edition:
  Technical report; Feb. 2007-Jan. 2008.
• Corporate Publisher:
  Texas Transportation Institute
• Abstract:
  Construction cost inflation is affecting many state highway agencies including the Texas Department of ; Transportation While some of this increase can be attributed to factors such as soaring cost of energy, ; reports of large variations in cost of bid items among different districts indicate that the problem is more ; complex. Indeed, there are many other factors affecting the recent increase in construction cost including ; design requirements, work restrictions, bidding procedures, and competition. The goal of this research is to ; identify these factors, or the root causes contributing to the increase in construction cost, and propose the ; methods that can address them. The research approach is based on four sequential steps: identification of the ; methods, collection of the data from the interim workshops, assessment of the impact of the methods on ; adopted performance measures, and development of recommendations and guidelines on how to modify ; construction projects to reduce or contain the construction cost while maintaining quality. The results from a ; Delphi study show that the cost reduction methods (both on a project or program level) could be used to ; reduce or contain the cost of highway construction.
  More +
• Format:
  PDF
• Funding:
  Project 0-6011
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/16862/dot_16862_DS1.pdf
• File Type:
  [PDF - 1.32 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:ab3ad3768bed51dedc89a7aa44b1cfab46f527fe079b66f9b038053da85e61cf