Time-related Incentive and Disincentive Provisions in Highway Construction Contracts

Time-related Incentive and Disincentive Provisions in Highway Construction Contracts

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This report will be of interest to state and local highway agency construction managers and contractors with regard to learning about best practices of time-related incentive and disincentive contract provisions and their effect on staffing levels, productivity, project cost, quality, contract administration, and the contractor's operations and innovations. The report also presents a decision process guide to use as a template for crafting the incentive/disincentive provisions.STA Cost Increase from Unbalanced Bid = $1, 200, 000 Figure 9. Unbalanced bid example. Contractor Perspective Figure 10. Contractor feedback about unbalanced bid practices on I/D projects. 1 2 3 4 5 6 Contractor Perspective Median (All.


Title:Time-related Incentive and Disincentive Provisions in Highway Construction Contracts
Author: Gary J. Fick
Publisher:Transportation Research Board - 2010-01-01
ISBN-13:

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