NCHRP GUIDELINES DETAIL INNOVATIVE CONTRACTING METHODS

The National Cooperative Highway Research Program (NCHRP) commissioned researchers to explore innovative alternatives to traditional contracting methods and to produce comprehensive implementation guidelines for their use. The guidelines outline three innovative contracting methods: warranty, multiparameter, and best value contracting. Each method focuses on a different aspect of cost-effective contract management, but all are intended to fulfill the same goals. Warranty contracting includes an extended warranty that places responsibility for product performance on the contractor, generating a longer lasting product and lower overall maintenance costs. In multiparameter contracting, agencies determine contract winners based on the lowest combination of cost, time, and other parameters. Best value contracting focuses on such factors as technical excellence, management capability, past performance, and personnel qualifications.

• Record URL:
  http://tti.tamu.edu/documents/researcher/ttr-v36-n2.pdf
• 
• 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:
  • Anderson, S
• Publication Date: 2000

Language

• English

Media Info

• Features: Photos;
• Pagination: p. 7
• Serial:
  • Texas Transportation Researcher
  • Volume: 36
  • Issue Number: 2
  • Publisher: Texas Transportation Institute
  • ISSN: 0040-4748

Subject/Index Terms

• TRT Terms: Competitive bidding; Contract administration; Contracting; Contracting out; Costs; Guidelines; Highway maintenance; Road construction; Time; Value engineering; Warranty
• Identifier Terms: National Cooperative Highway Research Program
• Subject Areas: Administration and Management; Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 00798523
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 27 2000 12:00AM