Time-Related Incentive and Disincentive Provisions in Highway Construction Contracts

State departments of transportation are under increasing pressure to reduce the duration of highway construction projects. This pressure stems from the desire to reduce traffic delays and other inconveniences to the traveling public. To reduce the duration of construction projects, many state highway agencies have turned to the use of time-related incentive and disincentive contract provisions. There is a need to better understand the use of time-related incentives and disincentives in highway construction contracts. Specifically, the following needs to be determined: (1) The type of time-related incentive and disincentive contract provisions used in highway construction contracts and the extent to which they are used. (2) The success of time-related incentive and disincentive contract provisions. (3) Criteria used to determine when time-related incentive and disincentive contract provisions are appropriate and criteria to select the most appropriate provisions. (4) Methods used to determine the dollar amount of the time-related incentives and disincentives. (5) The effects of time-related incentives and disincentives on project The objective of this research is to develop recommendations for effective use of time-related incentive and disincentive provisions in highway construction contracts.

• Record URL:
  http://www.trb.org/TRBNet/ProjectDisplay.asp?ProjectID=276

Language

• English

Project

• Status: Completed
• Funding: $250000.00
• Contract Numbers:

  Project 10-58(01)

• Sponsor Organizations:

  Federal Highway Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590

  American Association of State Highway and Transportation Officials (AASHTO)

  444 North Capitol Street, NW
  Washington, DC  United States  20001

  National Cooperative Highway Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC  United States  20001
• Project Managers:

  Reynaud, David

• Performing Organizations:

  Trinity Construction Management Services

  ,    
• Principal Investigators:

  Fick, Gary

• Start Date: 20060601
• Expected Completion Date: 0
• Actual Completion Date: 20100131
• Source Data: RiP Project 11736

Subject/Index Terms

• TRT Terms: Construction; Highways; Incentives; State departments of transportation; Time duration; Traffic delays
• Identifier Terms: National Cooperative Highway Research Program
• Subject Areas: Administration and Management; Construction; Highways; Operations and Traffic Management; Research;

Filing Info

• Accession Number: 01462944
• Record Type: Research project
• Source Agency: National Cooperative Highway Research Program
• Contract Numbers: Project 10-58(01)
• Files: RiP, USDOT
• Created Date: Jan 3 2013 2:13PM