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.