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| Student: |
Kunhee Choi |
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| Project Title: |
Time-based Innovative Contracting Methods in Highway Construction Contracts: Determining Effectiveness and Developing a Decision-Support Model |
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Abstract(Key objectives, description of work, expected outcome) |
Amongst
researchers there exists a disagreement about the effectiveness
of using time-based innovative contracting methods (ICMs), especially
on the incentive/disincentive (I/D) contracting method, largely
because of the contracting agency's overestimation of project
duration and monetary time value. In response to an emerging
concern about the effectiveness of utilizing time-based ICMs,
this research seeks to: As
a basis for developing methodologies to meet these objectives,
this research will: The recommendations for the effective use of time-based ICMs and the decision-support computer model would help state highway agencies allocate more accurate, realistic budgets for the time-based ICMs, especially for ones that include I/D provisions. The guidelines and findings reported in this paper will benefit state highway agencies (SHAs) in framing sounder provisions for innovative highway renewal construction contracts. SHAs will be also benefited by a reduction in the agency's efforts to calculate the final I/D dollar amounts and contract completion times. |
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Starting Date: |
January 15, 2006 |
Expected Completion: |
December, 2007 |
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University |
University of California at Berkeley, USA website |
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Chair, Civil Engineering |
C. William Ibbs website e-mail: ibbs@ce.berkeley.edu |
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Student |
Kunhee Choi (Ph.D. student researcher) e-mail: kunhee@berkeley.edu |
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Academic Achievements (Degree, grants, publications, etc.) |
B.E. in Architectural Engineering at Korea University in 1999 M.S. in Construction Management at Texas A&M University in 2002 Graduate Fellowships and Graduate Division Fellowships at the University of California, Berkeley (July, 2002 - July, 2003) Clark Construction Company Inc. Scholarship (Apr. 2001) The O. N. Mitchell Jr. Endowed Fellowship by Department of Construction Science at Texas A&M University (August, 2000) Publications: 2 journal papers, 3 conference proceedings, 1 technical report submitted to Caltrans, and NCHRP proposal experience |
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Permission
to post on ISAP website |
Yes |
Date |
Oct. 05, 2006 |
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