Assessing the Costs Attributed to Project Delays

Details

• Creators:
  Beaty, Curtis ; Ellis, David ; Epps, Jon ; Glover, Brianne ; Norboge, Nicolas ; Stockton, Bill
• Corporate Creators:
  Texas A&M University System. Texas Transportation Institute
• Corporate Contributors:
  Texas Department of Transportation. Research and Technology Implementation Office
• Subject/TRT Terms:
  Case Studies Construction Projects Costs Delays Economic Impacts Mathematical Models Road Construction
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  Texas. Department of Transportation
• Abstract:
  All departments of transportation (DOTs) face delays on highway projects. They often have anecdotal accounts of the significant financial impact that the delay of a highway project had on project costs, local businesses and commuters, and other users of the highway. But in many cases hard data on the financial impact are lacking. This project for the Texas Department of Transportation (TxDOT) aims to develop a simple but sound methodology for estimating the cost of delaying most types of highway projects. The project draws on two main resources to produce reliable estimates of impacts: (1) Existing data from projects completed in fiscal year (FY) 2009 and reported in TxDOT’s Design Construction Information System (DCIS); and (2) Methodologies developed for other applications that can be applied to estimating the cost of project delay. This project developed a simplified model that incorporates 16 user‐controlled variables and produces estimates of the effect of project delay on personal and commercial travel and the cost to the general economy. Three projects of varying size were used as examples. Finally, the report includes three atypical case studies that demonstrate a range of delay issues, all with costs attached including litigation costs and termination fees paid to contractors. These costs are in addition to the types of costs calculated in the model discussed above.
• Format:
  PDF
• Funding:
  0-6581
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:0c88abed920d231b31466db031db0023fb9c8e9c13a166fff60764acab235f4205d20caa2528d0c17dacf841ed75c3ac925feaa0257cffa95d323263868b4466
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/89064/dot_89064_DS1.pdf
• File Type:
  [PDF - 908.54 KB ]