Time-related Incentive and Disincentive Provisions in Highway Construction Contracts

Time-related Incentive and Disincentive Provisions in Highway Construction Contracts
Author: Gary J. Fick
Publisher: Transportation Research Board
Total Pages: 76
Release: 2010
Genre: Business & Economics
ISBN: 0309154782
GET BOOK

This report will be of interest to state and local highway agency construction managers and contractors with regard to learning about best practices of time-related incentive and disincentive contract provisions and their effect on staffing levels, productivity, project cost, quality, contract administration, and the contractor's operations and innovations. The report also presents a decision process guide to use as a template for crafting the incentive/disincentive provisions.

Use of Incentives in Performance-Based Logistics Contracting

Use of Incentives in Performance-Based Logistics Contracting
Author: Gregory Sanders
Publisher: Rowman & Littlefield
Total Pages: 74
Release: 2018-04-19
Genre: Political Science
ISBN: 1442280662
GET BOOK

Traditional contracting is primarily transactional, rewarding contractors when deliveries are made or certain process milestones are met. Performance-Based Logistic (PBL) contracting seeks to base contractor incentives on ongoing performance measures to achieve reliability and cost savings. Key to the success of these arrangements are the incentives that align the interests of the customer and the vendor. This report describes the incentives used in PBL contracts, identifies best practices, and provides recommendations for effective incentives going forward. The study team interviewed PBL practitioners including defense-unique contractors, defense-commercial contractors, and experts who are knowledgeable in the government perspective in the United States and abroad. The team supplemented these interviews by analyzing a PBL dataset of U.S. Department of Defense contracts. Of the four identified categories of incentives—time-based, financial, scope, and other—interviews found that time-based incentives stood out for their reliable appeal and relative underuse in the United States.

Guidebook on Alternative Quality Management Systems for Highway Construction

Guidebook on Alternative Quality Management Systems for Highway Construction
Author: Keith Robert Molenaar
Publisher:
Total Pages: 96
Release: 2015
Genre: Roads
ISBN: 9780309308700
GET BOOK

"TRB's National Cooperative Highway Research Program (NCHRP) Report 808: Guidebook on Alternative Quality Management Systems for Highway Construction provides national guidance on standard approaches relating to quality management systems (QMSs). The basis for the report stems from a lack of guidance that resulted in significant investment on the part of transportation agencies, contractors, and consultants to develop unique QMSs for different agencies on a project-by-project basis. The speed at which rapid renewal projects must be delivered creates a demand for a well-defined QMS that can be successfully replicated on a variety of projects. The report will guide readers through the process of developing a QMS that is both responsive to specific project needs and broad enough to be replicated with project-specific adaptations on future projects of similar scope, complexity, and delivery schedule. The project quality assurance organization (QAO) selection forms presented in the report are available online." -- Publisher's description.

Innovative Bridge Designs for Rapid Renewal

Innovative Bridge Designs for Rapid Renewal
Author: HNTB Corporation, Genesis Structures Inc, Structural Engineering Associates, and Iowa State University
Publisher: Transportation Research Board
Total Pages: 976
Release:
Genre:
ISBN: 0309274109
GET BOOK

This report from the second Strategic Highway Research Program (SHRP 2), which is administered by the Transportation Research Board of the National Academies, documents the development of standardized approaches to designing and constructing complete bridge systems for rapid renewals.

Development Finance

Development Finance
Author: P.K. Rao
Publisher: Springer Science & Business Media
Total Pages: 246
Release: 2013-04-09
Genre: Business & Economics
ISBN: 3662065703
GET BOOK

Improved understanding of the key role of financial aspects in the growth and development of economic systems is an important aspect of economic analysis. This first textbook on development finance provides a comprehensive coverage of this new area of economics. The book integrates relevant theoretical approaches and their policy applications. A unique perspective combines transaction cost economics and neoclassical economics. The author also treats important policy issues of national and international relevance.

The SAGE Handbook of Governance

The SAGE Handbook of Governance
Author: Mark Bevir
Publisher: SAGE
Total Pages: 594
Release: 2010-12-14
Genre: Political Science
ISBN: 144620975X
GET BOOK

The study of governance has risen to prominence as a way of describing and explaining changes in our world. The SAGE Handbook of Governance presents an authoritative and innovative overview of this fascinating field, with particular emphasis on the significant new and emerging theoretical issues and policy innovations. The Handbook is divided into three parts. Part one explores the major theories influencing current thinking and shaping future research in the field of governance. Part two deals specifically with changing practices and policy innovations, including the changing role of the state, transnational and global governance, markets and networks, public management, and budgeting and finance. Part three explores the dilemmas of managing governance, including attempts to rethink democracy and citizenship as well as specific policy issues such as capacity building, regulation, and sustainable development. This volume is an excellent resource for advanced students and researchers in political science, economics, geography, sociology, and public administration. Mark Bevir is a Professor of Political Science at the University of California, Berkeley.