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.

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 50-59
  • Monograph Title: Construction: quality control and specifications
  • Serial:

Subject/Index Terms

Filing Info

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