Incentive/disincentive provisions in highway contracts

被引:31
作者
Arditi, D
Khisty, CJ
Yasamis, F
机构
[1] Dept. of Civ. and Arch. Engrg., Illinois Inst. of Technol., Chicago, IL 60616
[2] Dept. of Civ. and Arch. Engrg., Illinois Inst. of Technol., Chicago, IL
[3] Dept. of Civ. and Arch. Engrg., Illinois Inst. of Technol., Chicago, IL
来源
JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT-ASCE | 1997年 / 123卷 / 03期
关键词
D O I
10.1061/(ASCE)0733-9364(1997)123:3(302)
中图分类号
TU [建筑科学];
学科分类号
0813 ;
摘要
The objective of the study reported in this paper is to compare contracts that include incentive/disincentive (I/D) provisions against contracts that do not include I/D provisions, with regard to the consequences of these measures. The study involves both completed and ongoing highway and bridge renovation/rehabilitation projects undertaken by the Illinois Department of Transportation (IDOT). After a general overview of I/D implementation, the results of a study that covered 28 I/D contracts (contracts that included I/D provisions) and 29 non-I/D contracts undertaken by IDOT during the five-year period 1989-93 are presented. The major finding of this study is that the majority of the IID contracts are completed on time or sooner, which supports the use of VD provisions in these contracts. However, this saving in contract duration seems to be accompanied by increased project costs most of the time.
引用
收藏
页码:302 / 307
页数:6
相关论文
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[2]  
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[3]  
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[4]  
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[5]  
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