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Suggested Citation:"Acronyms and Abbreviations." National Academies of Sciences, Engineering, and Medicine. 2019. Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery. Washington, DC: The National Academies Press. doi: 10.17226/25641.
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Page 47
Page 48
Suggested Citation:"Acronyms and Abbreviations." National Academies of Sciences, Engineering, and Medicine. 2019. Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery. Washington, DC: The National Academies Press. doi: 10.17226/25641.
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Page 48

Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

47 ACC Airport Consultants Council ACEC American Council of Engineering Companies ACI–NA Airports Council International–North America ACM alternative contracting method A/E architect/engineer AGC Associated General Contractors of America AIA American Institute of Architects AIP Airport Improvement Program ATC alternative technical concept BV best value CFR Code of Federal Regulations CMGC construction manager/general contractor CMR construction manager-at-risk DB design–build DBB design–bid–build DBB-BV design–bid–build best value DBE disadvantaged business enterprise DBIA Design-Build Institute of America DB-IDIQ Design–build–indefinite delivery/indefinite quantity DBOM design–build–operate–maintain DOT Department of Transportation FAR federal acquisition regulation FI frequency index GMP guaranteed maximum price IATA International Air Transport Association IDIQ indefinite delivery/indefinite quantity IFB invitation for bids IPD integrated project delivery LB low bid MEM Memphis International Airport MEP mechanical, electrical, & plumbing MGCS managing general contractor services NPIAS National Plan of Integrated Airport Systems NSW New South Wales PDB progressive design–build PFC passenger facility charges PPP public–private partnership QBS qualifications-based selection Acronyms and Abbreviations

48 Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery RFP request for proposal RFQ request for qualifications TSA Transportation Security Administration U.S.C. United States Code VECP value engineering change proposal VI value index

Next: Appendix A - Project Delivery Method Primer »
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About $1.5 trillion will be spent globally on airport infrastructure by 2030, according to the International Air Transport Association. Most of that enormous amount of money will be spent on projects that must be constructed without disrupting airport operations.

Given the focus on schedule and on the cost of failing to complete the construction during the periods of planned outages, the need for a highly qualified construction contractor with a proven record of timely and quality production is key to the success of airport projects across the globe.

The TRB Airport Cooperative Research Program's ACRP Synthesis 102: Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery aims to benchmark the state of the practice with respect to the use of qualifications-based selection (QBS) to award construction projects.

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