CONTRACTING PRACTICES AND PAYMENT PROCEDURES

This report presents the research findings, conclusions and recommendations for improvements for nine selected topics concerning highway contracting practices and payment procedures. The topics include alternate bids, turnkey projects, incentive and disincentive provisions, retainage, documentation, ehtods of measurement, partial payments, payment for materials in storage or on hand and acceptance and final payments. The current practices are reviewed for each topic. The strengths and weaknesses of these practices are discussed along with the various options open to highway agencies. The report includes recommendations for improving agency practices in these areas and how agencies may apply these recommendations to their own operations. Example specifications are included in the appendices where appropriate.

• Digital Copy:
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• Corporate Authors:

  Bergstralh-Shaw-Newman, Incorporated

  16220 Frederick Road
  Gaithersburg, MD  United States  20879
• Publication Date: 1984-4

Media Info

• Features: Appendices; Figures; Tables;
• Pagination: n.p.

Subject/Index Terms

• TRT Terms: Bids; Building materials; Contracting; Contractors; Disincentives; Documents; Incentives; Measurement; Payment; Recommendations
• Uncontrolled Terms: Documentation; Turnkey systems
• Subject Areas: Administration and Management; Data and Information Technology; Design; Finance; Highways; Law; Research; I10: Economics and Administration;

Filing Info

• Accession Number: 00389110
• Record Type: Publication
• Report/Paper Numbers: NCHRP 20-7 Task 23 Final Rpt.
• Files: TRIS
• Created Date: Nov 30 1984 12:00AM