CONTRACTING PRACTICES AND PAYMENT PROCEDURES

A summary of National Cooperative Highway Research Program (NCHRP) Project 20-7, Task 23, is presented. The full report is available from TRB. The project evaluated nine selected topics concerning highway contracting practices and payment procedures. The topics include alternate bids, turnkey projects, incentive and disincentive provisions, retainage, documentation, methods of measurement, partial payments, payment for materials in storage or on hand, and acceptance and final payments. Included are recommendations for improving agency practices in these areas and a discussion of how agencies may apply these recommendations to their own operations.

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/trr/1984/986/986-011.pdf
• Summary URL:
  • https://scholar.google.com/scholar_lookup?title=CONTRACTING+PRACTICES+AND+PAYMENT+PROCEDURES&author=R.+NEWMAN&author=F.+Hejl&publication_year=1984
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0309037700
• Supplemental Notes:
  • Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved. Publication of this paper sponsored by Committee on Construction Management.
• Authors:
  • NEWMAN, ROBERT B
  • Hejl, Frederick D
• Conference:
  • 63rd Annual Meeting of the Transportation Research Board
  • Location: Washington District of Columbia, United States
  • Date: 1984-1-16 to 1984-1-20
• Publication Date: 1984

Media Info

• Media Type: Print
• Features: Figures; References;
• Pagination: pp 50-59
• Monograph Title: Construction: quality control and specifications
• Serial:
  • Transportation Research Record
  • Issue Number: 986
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Acceptance; Alternatives analysis; Bids; Contracting; Contractors; Disincentives; Improvements; Incentives; Measurement; Payment; Recommendations
• Uncontrolled Terms: Turnkey systems
• Subject Areas: Administration and Management; Construction; Design; Finance; Highways; Law; Research; I52: Construction of Pavements and Surfacings;

Filing Info

• Accession Number: 00399167
• Record Type: Publication
• ISBN: 0309037700
• Files: TRIS, TRB
• Created Date: Jan 31 1986 12:00AM