GETTING THE JOB DONE: CONTRACTOR INCENTIVES SAVE MOTORISTS TIME, MONEY, HEADACHES

The Texas Transportation Institute initiated research into the advantages and disadvantages of contractor incentives. The goal of the research was to determine contracting strategies that would result in the least total cost to motorists during construction. This article describes several types of contract strategies, including: low-bid contract, Critical Path Method schedule, A+B bidding, and others. Researchers recommend that the use of incentives/disincentives be reserved for specific situations that meet certain criteria.