Skip to main content

Currently Skimming:


Pages 163-174

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 163...
... B-1   A P P E N D I X B ACT Descriptions ACT-1: A+B What Is It? A+B (or cost-plus-time)
From page 164...
... B-2 Systematic Approach for Determining Construction Contract Time: A Guidebook where TCB = project total combined bid price in $; A = project bid price for construction cost in $; B = project bid price for time-dependent costs in $; CT = contract time in the number of working (or calendar) days; DRUC = daily road user delay cost in $ per day.
From page 165...
... ACT Descriptions B-3   ACT-2: Incentive/Disincentive (I/D)
From page 166...
... B-4 Systematic Approach for Determining Construction Contract Time: A Guidebook ACT-3: A+B+I/D What Is It? A+B+I/D is A+B bidding with I/D provisions.
From page 167...
... ACT Descriptions B-5   Why Use It? Because I/D can be a supplement to some disadvantages of A+B because I/D provisions can motivate contractors to meet the schedules (Choi et al.
From page 168...
... B-6 Systematic Approach for Determining Construction Contract Time: A Guidebook • When coupled with I/D provisions, determination of the maximum time allowed for the project during the advanced planning stages should be based on CPM methods, with the agency assuming accelerated production rates. • In A+B+I/D bidding, fixed completion date contracts are discouraged because the number of actual days the contractor bids and the completion date are likely to conflict.
From page 169...
... ACT Descriptions B-7   ACT-4: No-Excuse Bonus (NEB)
From page 170...
... B-8 Systematic Approach for Determining Construction Contract Time: A Guidebook How to Use It? In many states, the NEB contracting has no disincentives tied to the delay of completion, which raises concerns that contractors will reduce their efforts at the point when they realize they will not meet the deadline (Chini et al.
From page 171...
... ACT Descriptions B-9   ACT-5: Lane Rental (LR)
From page 173...
... Abbreviations and acronyms used without denitions in TRB publications: A4A Airlines for America AAAE American Association of Airport Executives AASHO American Association of State Highway Officials AASHTO American Association of State Highway and Transportation Officials ACI–NA Airports Council International–North America ACRP Airport Cooperative Research Program ADA Americans with Disabilities Act APTA American Public Transportation Association ASCE American Society of Civil Engineers ASME American Society of Mechanical Engineers ASTM American Society for Testing and Materials ATA American Trucking Associations CTAA Community Transportation Association of America CTBSSP Commercial Truck and Bus Safety Synthesis Program DHS Department of Homeland Security DOE Department of Energy EPA Environmental Protection Agency FAA Federal Aviation Administration FAST Fixing America's Surface Transportation Act (2015) FHWA Federal Highway Administration FMCSA Federal Motor Carrier Safety Administration FRA Federal Railroad Administration FTA Federal Transit Administration GHSA Governors Highway Safety Association HMCRP Hazardous Materials Cooperative Research Program IEEE Institute of Electrical and Electronics Engineers ISTEA Intermodal Surface Transportation Efficiency Act of 1991 ITE Institute of Transportation Engineers MAP-21 Moving Ahead for Progress in the 21st Century Act (2012)
From page 174...
... Transportation Research Board 500 Fifth Street, NW Washington, DC 20001 ADDRESS SERVICE REQUESTED ISBN 978-0-309-09463-4 9 7 8 0 3 0 9 0 9 4 6 3 4 9 0 0 0 0

Key Terms



This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More information on Chapter Skim is available.