Systematic Procedures to Determine Incentive/Disincentive Dollar Amounts for Highway Transportation Construction Projects [Research Brief]

Pyeon, Jae-Ho; Lee, E. B.

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Systematic Procedures to Determine Incentive/Disincentive Dollar Amounts for Highway Transportation Construction Projects [Research Brief]

2012-06-01
By Pyeon, Jae-Ho ; Lee, E. B.

File Language:

English

Details

Creators:

Pyeon, Jae-Ho ; Lee, E. B.
Corporate Creators:

Mineta Transportation Institute
Corporate Contributors:

California. Department of Transportation ; United States. Department of Transportation. Research and Innovative Technology Administration ; United States. Department of Transportation. University Transportation Centers (UTC) Program
Subject/TRT Terms:
Resource Type:

Tech Report
Geographical Coverage:

California
Edition:

Research brief.
Corporate Publisher:

Mineta Transportation Institute
Abstract:

The Federal Highway Administration (FHWA) has encouraged state transportation agencies (STAs) to implement Incentive/Disincentive (I/D) contracting provisions for early project completion to minimize traffic disruption during highway construction. The FHWA recommended that an I/D amount be calculated based on the estimated road user costs on a project-by-project basis. Although general guidelines to determine the I/D dollar amount for a project have also been published by STAs, there is no systematic tool in use to determine optimum I/D dollar amounts for I/D projects considering road user cost, agency cost, contractor’s acceleration cost, and contractor’s 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.
Format:

PDF
Funding:

MTI Project 2908
Download URL:

https://rosap.ntl.bts.gov/view/dot/24490/dot_24490_DS1.pdf
File Type:

[PDF - 314.32 KB]
Collection(s):

University Transportation Centers
Main Document Checksum:

urn:sha256:13c57a8055e373404a8da86bc85d5bc46f6aa508cf7bc7eb7bef8d163cddd400

File Language:

English

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