Edward Jaselskis, William Rasdorf, Min Liu, Abdullah Alsharef, Frank Bowen, Majed Al-Ghandour and Larry Goode
Factors Affecting Bid Let Dates on Transportation Mega Projects
Abstract: North Carolina Department of Transportation (NCDOT) projects with construction costs of $50 million or more, known as mega projects, make up more than 50% of their total construction expenditures while representing less than 10% of the total project count. The estimated let dates and construction expenditures for these projects can vary significantly based on the type of project, work to be accomplished, and unpredicted events. This paper presents study results of various internal and external factors that relate to bid let date delays. The research methodology involved an extensive literature review and interviews with 23 NCDOT subject matter experts and construction contractors to better understand why mega project miss their planned let dates. Results revealed several factors that affect the let date including the owner's ability to acquire the right-of-way in a timely manner, the ability to coordinate with utilities and railroads, and delays in obtaining environmental permits. The study also collected and analysed data pertaining to strategic milestones and provides insights into the likelihood of meeting a particular let date.
Keywords: Transportation Mega Project, Contract Award, Let Day Delay
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