A METHODOLOGY FOR THE DEVELOPMENT OF PRICE ADJUSTMENT SYSTEMS FOR STATISTICALLY BASED RESTRICTED PERFORMANCE SPECIFICATIONS
This report presents a methodology which can be used to develop price adjustment systems suited for statistically based, restricted performance specifications. An example of the use of this methodology for a specific situation, that of bituminous concrete paving for the Pennsylvania Department of Transportation, is also presented. Three approaches are proposed for the development of a price adjustment system. These are: (1) the performance or serviceability approach, (2) the cost of production approach, and (3) the trial and error O.C. curve approach. A fourth approach, the cost of quality control approach, is also examined, but cannot be fully developed at this time because of the limited cost data which are available.
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Supplemental Notes:
- See also PB-264 334. Also available as Pennsylvania Dept. of Transportation, Harrisburg. Bureau of Materials, Testing and Research. Rept. no. PDT-74-27-1.
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Corporate Authors:
Pennsylvania State University, University Park
Pennsylvania Transportation Institute, Transportation Research Building
University Park, PA United States 16802Pennsylvania Department of Transportation
Bureau of Materials, Testing and Research, 1118 State State
Harrisburg, PA United States 17112Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- Willenbrock, J H
- Kopac, P A
- Publication Date: 1976-10
Media Info
- Pagination: 171 p.
Subject/Index Terms
- TRT Terms: Alternatives analysis; Asphalt concrete; Costs; Density; Histograms; Materials; Pavements; Performance; Prices; Quality control; Service life; Specifications; Statistics
- Old TRIS Terms: Density mass/volume; Materials specifications
- Subject Areas: Data and Information Technology; Design; Economics; Finance; Highways; Materials; Pavements; Society;
Filing Info
- Accession Number: 00151777
- Record Type: Publication
- Source Agency: National Technical Information Service
- Report/Paper Numbers: FHWA/PA-74/27(1) Final Rpt., PTI-7617
- Files: NTIS, TRIS, ATRI, USDOT, STATEDOT
- Created Date: Apr 27 1977 12:00AM