Development of Equipment Rental Schedule for Illinois
项目名称: Development of Equipment Rental Schedule for Illinois
摘要: During highway construction, the contractor is paid via measured-in-place quantities for various pay item work per terms of their contract with the Illinois Department of Transportation. Additional work not shown on the design plans is sometimes necessary to successfully complete the project. When this takes place, the contractor is paid for their labor, material and equipment costs per hour. Contractor-owned equipment reimbursement is currently reimbursed via Federal Highway Administration’s hourly rate for the specific equipment used per EquipmentWatch’s "Rental Rate Blue Book," which is accessible only through a subscription. This project will develop and implement a web-based rate schedule that is user-friendly and accurately reflects ownership and operating costs for various categories of heavy, medium, and light construction equipment typically used on road and bridge construction projects. The project will better ensure that rates provided for contractor-owned equipment reimbursement accurately reflect the true ownership and operating costs of said equipment in Illinois as well as provide small businesses with a way to do business with IDOT without incurring a large cost for service.
状态: Active
资金: 262500
资助组织: Illinois Department of Transportation
管理组织: University of Illinois, Urbana-Champaign
主要研究人员: Bian, Zheyong;Dong, Sasha;Wang, Ziteng
开始时间: 20220816
预计完成日期: 20240815
主题领域: Administration and Management;Construction;Finance;Highways;Vehicles and Equipment
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