DEVELOPMENT OF PRICE-ADJUSTMENT SYSTEMS FOR STATISTICALLY BASED HIGHWAY CONSTRUCTION SPECIFICATIONS

This paper presents a methodology that can be used to develop price-adjustment systems for use in statistically based highway construction specifications. Three approaches are proposed for the development of a price-adjustment system: (a) the servicability approach, (b) the cost of production approach, and (c) the operating characteristics curve approach. The three approaches are discussed and compared, and their most appropriate applications are recommended. A fourth approach, the cost of quality control approach, is also discussed but is not fully developed because of the limited cost data available. /Author/

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 52-58
  • Monograph Title: Construction and quality control of pavements and structures
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00184211
  • Record Type: Publication
  • ISBN: 03026814
  • Files: TRIS, TRB
  • Created Date: Dec 29 1978 12:00AM