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Abd El Halim, A E H O and Haas, R (2004) Process and Case Illustration of Construction Innovation. Journal of Construction Engineering and Management, 130(04), 570–5.

Chau, K W, Anson, M and Zhang, J P (2004) Four-Dimensional Visualization of Construction Scheduling and Site Utilization. Journal of Construction Engineering and Management, 130(04), 598–606.

Chew, M Y L and De Silva, N (2004) Factorial Method for Performance Assessment of Building Facades. Journal of Construction Engineering and Management, 130(04), 525–33.

Chua, D K H and Goh, Y M (2004) Incident Causation Model for Improving Feedback of Safety Knowledge. Journal of Construction Engineering and Management, 130(04), 542–51.

Elbeltagi, E, Hegazy, T and Eldosouky, A (2004) Dynamic Layout of Construction Temporary Facilities Considering Safety. Journal of Construction Engineering and Management, 130(04), 534–41.

Goodrum, P M (2004) Hispanic and Non-Hispanic Wage Differentials: Implications for United States Construction Industry. Journal of Construction Engineering and Management, 130(04), 552–9.

Lee, S, Thomas, S R and Tucker, R L (2004) Effective Practice Utilization Using Performance Prediction Software. Journal of Construction Engineering and Management, 130(04), 576–85.

Liu, J and Rahbar, F (2004) Project Time-Cost Trade-Off Optimization by Maximal Flow Theory. Journal of Construction Engineering and Management, 130(04), 607–9.

Pheng, L S and Hui, M S (2004) Implementing and Applying Six Sigma in Construction. Journal of Construction Engineering and Management, 130(04), 482–9.

Schexnayder, C J, Weber, S L and David, S A (2004) Transportation Agency Use of Owner-Controlled Insurance Programs. Journal of Construction Engineering and Management, 130(04), 517–24.

Shen, L Y, Tam, V W Y, Tam, C M and Drew, D (2004) Mapping Approach for Examining Waste Management on Construction Sites. Journal of Construction Engineering and Management, 130(04), 472–81.

Shr, J, Ran, B and Sung, C W (2004) . Journal of Construction Engineering and Management, 130(04), 509–16.

  • Type: Journal Article
  • Keywords: Highway construction; Bids; Contractors; road building; construction industry; contracts; transportation;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2004)130:4(509)
  • Abstract:
    More and more state highway agencies (SHAs) have begun to consider the value of time in highway construction. The “A(cost)+B(timecost)+I/D(incentive/disincentive)” bidding concept is designed to shorten the total contract time by allowing each contractor to bid the number of days in which the work can be accomplished, in addition to the traditional cost bid. I/D are not only used to provide an incentive to the contractor for earlier completion, but also to provide a disincentive for late completion of a project. Contractors are then presented with the problem of determining the best strategy of bid estimation, including construction cost, time cost, and incentive/disincentive. SHAs are also faced with the problem of placing a maximum and/or minimum on the time bid. To provide users a useful tool to estimate project time more accurately using this advanced method, this study develops a quantified model of the price-time bidding contract. The functional relationship between the construction cost and time duration is developed based on data from the Florida Department of Transportation (FDOT). The contractor’s construction cost “A” is then combined with the road user cost and incentive/disincentive to determine the optimum low bid price and time. This optimum can then be used by the SHA to set limits on the range of acceptable time bids. Finally, several projects completed by the FDOT will be used to illustrate the validity of this model.

Sillars, D N and Kangari, R (2004) Predicting Organizational Success within a Project-Based Joint Venture Alliance. Journal of Construction Engineering and Management, 130(04), 500–8.

Thomas, S R, Lee, S, Spencer, J D, Tucker, R L and Chapman, R E (2004) Impacts of Design/Information Technology on Project Outcomes. Journal of Construction Engineering and Management, 130(04), 586–97.

Zayed, T M and Halpin, D W (2004) Process versus Data Oriented Techniques in Pile Construction Productivity Assessment. Journal of Construction Engineering and Management, 130(04), 490–9.

Zayed, T M and Minkarah, I (2004) Resource Allocation for Concrete Batch Plant Operation: Case Study. Journal of Construction Engineering and Management, 130(04), 560–9.