Estimating User Costs as a Basis for Incentive/disincentive Amounts in Highway Construction Contracts

Estimating User Costs as a Basis for Incentive/disincentive Amounts in Highway Construction Contracts
Author: James S. Gillespie
Publisher:
Total Pages: 70
Release: 1998
Genre: Road construction contracts
ISBN:

The Virginia Department of Transportation (VDOT) occasionally includes an incentive/ disincentive for early completion (I/D) in its construction contracts. This report presents the results of a project to identify procedures that would (1) enhance the effectiveness and enforceability of the I/D provision and (2) reduce the staff time and effort necessary to determine the need for an I/D and to calculate an appropriate per-day dollar amount. The researcher first reviewed the relevant literature pertaining to construction contracts and to road user cost calculation, and then evaluated the available user cost methodologies, especially computer software. Next, the researcher surveyed the current use of I/D provisions in Virginia and other states, and described VDOT's current project development process, with special emphasis on the user cost data that are typically generated during that process. The report makes five conclusions. First, various forms of I/D, though known by a variety of names, are fundamentally similar. Second, use of an incentive rather than a disincentive alone enhances the enforceability of the disincentive clause, though it may increase the final cost of the contract. Third, cost-plus-time bidding enhances the effectiveness of the incentive clause and the enforceability of the disincentive clause. Fourth, the end of the design public hearing is a logical point for VDOT to judge the need for an I/D. Fifth, road user cost savings calculated from the output of the Highway Capacity Software already in common use in VDOT forms a legally sound justification for a per-day dollar I/D amount.

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

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.

Life-cycle Cost Analysis in Pavement Design

Life-cycle Cost Analysis in Pavement Design
Author: James Walls
Publisher:
Total Pages: 128
Release: 1998
Genre: Life cycle costing
ISBN:

This Interim Technical Bulletin recommends procedures for conducting Life-Cycle Cost Analysis (LCCA) of pavements, provides detailed procedures to determine work zone user costs, and introduces a probabilistic approach to account for the uncertainty associated with LCCA inputs.

Road User and Mitigation Costs in Highway Pavement Projects

Road User and Mitigation Costs in Highway Pavement Projects
Author: David Leonard Lewis
Publisher: Transportation Research Board
Total Pages: 60
Release: 1999
Genre: Business & Economics
ISBN: 9780309068222

This synthesis report will be of interest to transportation agency planners; design, construction, and maintenance engineers; and administrators, managers, economists, and other decisionmakers involved in programming highway pavement projects. This synthesis describes current practice with regard to road user and mitigation costs in highway pavement projects. Information for the synthesis was collected by surveying U.S. and Canadian transportation agencies and by conducting a literature search of both domestic and foreign publications. This report of the Transportation Research Board provides detailed information on the various methods employed by transportation agencies to estimate user costs. The advantages and disadvantages of each are reported. Information on the various components of user costs (that is, time related, vehicle operating, safety, and environmental costs) is also included. In addition, the study reports on the various mitigation strategies available to agencies to reduce user costs. Information is also provided on how user costs and mitigation strategies have been applied to evaluate different alternatives; and how uncertainties, political considerations, and quality control contribute to the decisionmaking process.

User and Non-user Benefit Analysis for Highways

User and Non-user Benefit Analysis for Highways
Author:
Publisher: American Association of State Highway & Transportation Officials
Total Pages:
Release: 2010-01-01
Genre: Roads
ISBN: 9781560514671

This document updates and expands the American Association of State Highway and Transportation Officials (AASHTO) User Benefit Analysis for Highways, also known as the Red Book. This AASHTO publication helps state and local transportation planning authorities evaluate the economic benefits of highway improvements. This update incorporates improvements in user-benefit calculation methods and, for the first time, provides guidance for evaluating important non-user impacts of highways. Previous editions of the Red Book provided guidance regarding user benefit measurement only. This update provides a framework for project evaluations that accurately account for both user and non-user benefits. The manual and accompanying CD-ROM provide a valuable resource for people who analyze the benefits and costs of highway projects.

Title 23 Highways (Revised as of April 1, 2014)

Title 23 Highways (Revised as of April 1, 2014)
Author: Office of The Federal Register, Enhanced by IntraWEB, LLC
Publisher: IntraWEB, LLC and Claitor's Law Publishing
Total Pages: 642
Release: 2014-04-01
Genre: Law
ISBN: 016091793X

The Code of Federal Regulations Title 23 contains the codified Federal laws and regulations that are in effect as of the date of the publication pertaining to Federal highways, including national highway traffic safety.