Rebalancing Contracting Terms to Ensure Success for the GDOT’s Alternative Delivery Projects and Better Reflect Real-Time Market Conditions.

The primary objective of this research is to assist GDOT in its efforts to enhance competition in the Georgia transportation infrastructure market through rebalancing contracting terms and conditions. Rebalancing contracting terms may enable GDOT to manage alternative delivery projects in response to real-time market conditions rather than historical patterns. This research helps GDOT with the necessary tools to assess market conditions and be nimble enough to rebalance the risk mitigations and transfers if needed. This research will measure any gaps in the construction industry’s understanding of GDOT’s expectations from its alternative delivery contracting terms and conditions. If needed appropriate strategies to rebalance the risk transfers will be recommended to GDOT to improve competition and enhance alignment with industry partners for smooth execution of its alternative delivery projects.

Language

• English

Project

• Status: Active
• Funding: $300000
• Contract Numbers:

  GDOT TP 22-23

• Sponsor Organizations:

  Georgia Department of Transportation

  One Georgia Center
  600 West Peachtree Street, NW
  Atlanta, GA  United States  30308
• Project Managers:

  Bilsback, William

• Performing Organizations:

  Georgia Institute of Technology, Atlanta

  Georgia Tech Research Corporation
  505 10th Street, Suite 213
  Atlanta, GA  United States  30332
• Principal Investigators:

  Ashuri, B

• Start Date: 20221006
• Expected Completion Date: 20250106
• Actual Completion Date: 0

Subject/Index Terms

• TRT Terms: Competition; Construction; Contracting; Market development; Project delivery
• Geographic Terms: Georgia
• Subject Areas: Administration and Management; Construction; Highways; Transportation (General);

Filing Info

• Accession Number: 01860770
• Record Type: Research project
• Source Agency: Georgia Department of Transportation
• Contract Numbers: GDOT TP 22-23
• Files: RIP, STATEDOT
• Created Date: Oct 11 2022 10:29AM