Synthesis on construction unit cost development : technical report.

Details

• Creators:
  Anderson, Stuart ; Damnjanovic, Ivan ; Nejat, Ali ; Ramesh, Sushanth
• Corporate Creators:
  Texas Transportation Institute
• Corporate Contributors:
  Texas. Dept. of Transportation. Research and Technology Implementation Office ; United States. Federal Highway Administration
• Subject/TRT Terms:
  • Unit costs
  • Cost estimating
  • Roads--Texas--Maintenance and repair--Costs
  • Road construction contracts--Texas--Costs
• Publication/ Report Number:
  FHWA/TX-09/0-6023-1
• Resource Type:
  Tech Report
• Geographical Coverage:
  Texas
• Edition:
  Technical report; Aug. 2007-Aug. 2008.
• Corporate Publisher:
  Texas Transportation Institute
• Abstract:
  Availability of historical unit cost data is an important factor in developing accurate project cost estimates. ; State highway agencies (SHAs) collect data on historical bids and/or production rates, crew sizes and mixes, ; material costs, and equipment costs, including contractor overhead and profit. The goal of this synthesis is to ; identify how state highway agencies develop unit prices for construction and maintenance projects. The ; synthesis approach consists of a comprehensive online survey, covering every aspect of unit cost development, ; to identify the state of practice in state highway agencies and interviews with several representative SHAs to ; gain a better understanding of the practices followed for unit cost development. This study finds that even ; though SHAs collect and store historical cost data, they do not have a formal and documented process for ; adjusting unit costs for project characteristics and market conditions.
• Format:
  PDF
• Funding:
  Project 0-6023
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/16863/dot_16863_DS1.pdf
• File Type:
  [PDF - 4.95 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:b1e780c9b86286ca51f5614c86b344bc9236535187af2a00978dc0fee1a38d8d