GETTING THE JOB DONE: CONTRACTOR INCENTIVES SAVE MOTORISTS TIME, MONEY, HEADACHES

The Texas Transportation Institute initiated research into the advantages and disadvantages of contractor incentives. The goal of the research was to determine contracting strategies that would result in the least total cost to motorists during construction. This article describes several types of contract strategies, including: low-bid contract, Critical Path Method schedule, A+B bidding, and others. Researchers recommend that the use of incentives/disincentives be reserved for specific situations that meet certain criteria.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1587330
• Corporate Authors:

  Texas Transportation Institute

  Texas A&M University System, 1600 E Lamar Boulevard
  Arlington, TX  United States  76011
• Authors:
  • McFarland, F
• Publication Date: 1994

Language

• English

Media Info

• Features: Photos;
• Pagination: p. 6-7
• Serial:
  • Texas Transportation Researcher
  • Volume: 30
  • Issue Number: 2
  • Publisher: Texas Transportation Institute
  • ISSN: 0040-4748

Subject/Index Terms

• TRT Terms: Competitive bidding; Construction scheduling; Contractors; Contracts; Disincentives; Incentives; Productivity; Research; Road construction; Specifications
• Uncontrolled Terms: Time savings
• Subject Areas: Administration and Management; Construction; Economics; Highways; Research; Society; I10: Economics and Administration; I52: Construction of Pavements and Surfacings;

Filing Info

• Accession Number: 00681520
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 4 1995 12:00AM