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原文传递 Estimating User Costs as a Basis for Incentive/Disincentive Amounts in Highway Construction Contracts

题名：	Estimating User Costs as a Basis for Incentive/Disincentive Amounts in Highway Construction Contracts
作者：	Gillespie, J. S.
关键词：	Incentive costs##Highway construction##Procedures##Contractors##Time costs##VDOT(Virginia Department of Transportation)##Virginia Department of Transportation##Construction contracts##
摘要：	The Virginia Department of Transportation (VDOT) occasionally includes an incentive/disincentive for early completion (I/D) in its construction contracts. This report presents the results of a project to identify procedures that would (1) enhance the effectiveness and enforceability of the I/D provision and (2) reduce the staff time and effort necessary to determine the need for an I/D and to calculate an appropriate per-day dollar amount. The report makes five conclusions. First, various forms of I/D, though known by a variety of names, are fundamentally similar. Second, use of an incentive rather than a disincentive alone enhances the enforceability of the disincentive clause, though it may increase the final cost of the contract. Third, cost-plus-time bidding enhances the effectiveness of the incentive clause and the enforceability of the disincentive clause. Fourth, the end of the design public hearing is a logical point for VDOT to judge the need for an I/D. Fifth, road user cost savings calculated from the output of the Highway Capacity Software already in common use in VDOT, forms a legally sound justification for a pay-day dollar I/D amount.
总页数：	68
报告类型：	科技报告