Construction Solicitation Analysis for FAA Terminal Replace Projects

Details

• Creators:
  Bransfield, Stephen ; Patel, Ankit
• Corporate Creators:
  John A. Volpe National Transportation Systems Center (U.S.) ; United States. Federal Aviation Administration
• Subject/TRT Terms:
  • Competitive bidding
  • Costs
  • Unemployment
  • Regression analysis
  • Airport facilities
  • Air traffic control facilities
  • Airport control towers
• Publication/ Report Number:
  DOT-VNTSC-FAA-19-01
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Edition:
  Final report
• Corporate Publisher:
  John A. Volpe National Transportation Systems Center (U.S.)
• NTL Classification:
  NTL-AVIATION-AVIATION ; NTL-AVIATION-Airports and Facilities ; NTL-AVIATION-Aviation Economics and Finance
• Abstract:
  The number of bids received on recent Federal Aviation Administration (FAA) Terminal Replacement Projects has been lower than anticipated. Given the knowledge that increased competition (i.e., more bidders) results in lower contract award costs, we have conducted an assessment to understand the relationships between: the number of bidders, the contract award price, and the national unemployment index. Using the data presented in this paper we propose a strategy for tailoring solicitations based on the unemployment index.
• Format:
  PDF
• Funding:
  51FB86A1
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/39017/dot_39017_DS1.pdf
• File Type:
  [PDF - 457.78 KB]
• Collection(s):
  Volpe Center
• Main Document Checksum:
  urn:sha256:ca8dff69b1708f3257ca7d92c2fc4908386daac520e3f43725a2ccbbb467fb9b