Project Cost Implications of Competitive Guaranteed Maximum Price Contracts

Author:

Tran Dai Q.1,Brihac Alex2,Nguyen Long D.3,Kwak Young Hoon4

Affiliation:

1. Assistant Professor, Dept. of Civil, Environmental and Architectural Engineering, Univ. of Kansas, Lawrence, KS 66045.

2. Building Envelop Manager, Turner Construction, New York, NY 10014.

3. Associate Professor, Dept. of Environmental and Civil Engineering, Florida Gulf Coast Univ., Fort Myers, FL 33965..

4. Associate Professor, Dept. of Decision Sciences, George Washington Univ., Washington, DC 20052 (corresponding author).

Publisher

American Society of Civil Engineers (ASCE)

Subject

Management Science and Operations Research,Strategy and Management,General Engineering,Industrial relations

Reference32 articles.

1. AASHTO. (2006). Primer on contracting for the twenty-first century, 5th Ed., Washington, DC.

2. Project Procurement System Selection Model

3. Delivering Best Value in Highways Major Maintenance Schemes: Case Study

4. Scoring Rules and Competitive Behavior in Best-Value Construction Auctions

5. Caltrans. (2008). Alternative procurement guide, Trauner Consulting Services, Inc., San Diego.

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