Evaluation of ways and procedures to reduce construction cost and increase competition /

Bibliographic Details
Corporate Authors: Texas. Department of Transportation. Research and Technology Implementation Office, Texas Transportation Institute
Other Authors: Damnjanovic, Ivan, 1975-
Format: eBook
Language:English
Published: College Station, Tex. : Texas Transportation Institute, Texas A&M University System, [2009]
Series:Research report (Austin, Tex.) ; 0-6011-1.
Subjects:
Online Access:Connect to the full text of this online report
Description
Abstract:Construction cost inflation is affecting many state highway agencies including the Texas Department of Transportation While some of this increase can be attributed to factors such as soaring cost of energy, reports of large variations in cost of bid items among different districts indicate that the problem is more complex. Indeed, there are many other factors affecting the recent increase in construction cost including design requirements, work restrictions, bidding procedures, and competition. The goal of this research is to identify these factors, or the root causes contributing to the increase in construction cost, and propose the methods that can address them. The research approach is based on four sequential steps: identification of the methods, collection of the data from the interim workshops, assessment of the impact of the methods on adopted performance measures, and development of recommendations and guidelines on how to modify construction projects to reduce or contain the construction cost while maintaining quality. The results from a Delphi study show that the cost reduction methods (both on a project or program level) could be used to reduce or contain the cost of highway construction.
Item Description:Title from PDF title screen.
"March 2008 ; Published January 2009."
"Report number FHWA/TX-08/0-6011-1"--Technical report documentation p.
Electronic resource.
Physical Description:x, 181 pages : digital, PDF file with illustrations (some color).
Format:System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Bibliography:Includes bibliographical references (pages 51-52).