Programmatic Examination of Missouri Incentive/Disincentive Contracts for Mitigating Work Zone Traffic Impacts
Incentive/disincentive clauses (I/D) are designed to award payments to contractors if they complete work ahead of schedule and to deduct payments if they exceed the completion time. A previously unanswered question is, “Did the costs of the actual work zone impacts that were avoided justify the incentives paid?” This paper answers that question affirmatively based on an evaluation of 20 I/D projects in Missouri from 2008 to 2011. Road user costs (RUC) were used to quantify work zone impacts and included travel delays, vehicle operating costs, and crash costs. Conditions during construction were compared to after construction. Delay costs and crash costs were computed using published data. For every dollar paid in incentives, approximately 5.3 dollars of RUC savings resulted from the use of I/D. Also, I/D projects had a higher on-time completion percentage and a higher number of bids per call than average projects. However, I/D projects resulted in 4.52% higher deviation from programmed costs and possibly more changes made after the award.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/8675438
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Supplemental Notes:
- © 2014 American Society of Civil Engineers.
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Authors:
- Sun, Carlos
- Mackley, Andrew
- Edara, Praveen
- Publication Date: 2014-1
Language
- English
Media Info
- Media Type: Web
- Features: References;
- Pagination: 05013004
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Serial:
- Journal of Construction Engineering and Management
- Volume: 140
- Issue Number: 1
- Publisher: American Society of Civil Engineers
- ISSN: 0733-9364
- EISSN: 1943-7862
- Serial URL: http://ascelibrary.org/journal/jcemd4
Subject/Index Terms
- TRT Terms: Construction projects; Contracting; Contracts; Costs; Disincentives; Incentives; Traffic crashes; Traffic delays; Work zone traffic control
- Geographic Terms: Missouri
- Subject Areas: Administration and Management; Finance; Highways; Operations and Traffic Management; I10: Economics and Administration;
Filing Info
- Accession Number: 01505469
- Record Type: Publication
- Files: TRIS, ASCE
- Created Date: Jan 27 2014 11:20AM