Enhancing the Accuracy of Construction Cost Estimates for Major Lump Sum (LS) Pay Items and Generating a More-Accurate List of Pay Items Throughout the Design Development Process

The overarching objectives of this research project are to: (a) enhance the accuracy of Lump Sum (LS) pay item estimates throughout various stages of design development; and (b) create a more-accurate list of project pay items and associated quantities, especially during early phases of design development.

Language

• English

Project

• Status: Completed
• Funding: $260000
• Contract Numbers:

  GDOT RP 20-17

• 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 Tech Research Corporation

  505 Tenth Street
  Atlanta, GA  United States  30332-0420
• Principal Investigators:

  Ashuri, B

• Start Date: 20200702
• Expected Completion Date: 20220702
• Actual Completion Date: 20220702

Subject/Index Terms

• TRT Terms: Accuracy; Construction projects; Cost estimating; Design
• Subject Areas: Construction; Design; Finance; Highways; Planning and Forecasting;

Filing Info

• Accession Number: 01744673
• Record Type: Research project
• Source Agency: Georgia Department of Transportation
• Contract Numbers: GDOT RP 20-17
• Files: RIP, STATEDOT
• Created Date: Jul 6 2020 10:36AM