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Use of Warranties on In-Service Performance for Roadway Construction Projects
The objective of this project is to investigate the potential benefits of using in-service warranties on roadway construction projects in Montana. Following this approach to highway contracting, the contract specifications are expressed in terms of the performance of the roadway after it is placed into service, rather than in terms of the construction methods to be used or the final properties to be achieved in building the facility. Perceived benefits of the in-service warranty approach include that (1) the contractor is directly motivated to provide a facility that meets the needs of the motoring public (i.e., a smooth, safe roadway) rather than simply to meet prescribed construction standards, and (2) competitive market forces will result in the design and construction of innovative and efficient roadway projects. This approach to highway construction contracting differs significantly from the approach currently used in Montana, and thus the results of using this approach are uncertain.
Use of Warranties on In-Service Performance for Roadway Construction Projects
The objective of this project is to investigate the potential benefits of using in-service warranties on roadway construction projects in Montana. Following this approach to highway contracting, the contract specifications are expressed in terms of the performance of the roadway after it is placed into service, rather than in terms of the construction methods to be used or the final properties to be achieved in building the facility. Perceived benefits of the in-service warranty approach include that (1) the contractor is directly motivated to provide a facility that meets the needs of the motoring public (i.e., a smooth, safe roadway) rather than simply to meet prescribed construction standards, and (2) competitive market forces will result in the design and construction of innovative and efficient roadway projects. This approach to highway construction contracting differs significantly from the approach currently used in Montana, and thus the results of using this approach are uncertain.
Use of Warranties on In-Service Performance for Roadway Construction Projects
J. E. Stephens (Autor:in) / D. R. Johnson (Autor:in) / M. Wangsmo (Autor:in) / P. Schillings (Autor:in)
1998
104 pages
Report
Keine Angabe
Englisch
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