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Title: Contract Quality Model
Accession Number: 01589890
Record Type: Component
Abstract: This paper provides a simple model for quantifying the quality of a transportation Contract document consisting of detailed plans, specifications, and a cost-estimate (PS&E) developed by the Vermont Agency of Transportation for highway infrastructure improvements within the state of Vermont. Quality is defined as conforming to requirements. The quality requirements, and their respective targets, for a Contract document are under budget (within 5% of the awarded bid), on time (on, or before, the substantial completion date), and within scope (no “avoidable” change orders that should have been addressed before bid advertisement). When a finished contract meets, or exceeds, any of the quality targets for the given requirements, it has achieved 100% quality for that element. Whenever a contract fails to meet the quality target for a particular requirement, this performance may be indexed relative to the other contracts also not meeting the performance expectation for the time-frame considered. The performance indices for cost, schedule, and scope requirements may be summarized – either weighted equally, or in some other fashion to emphasize the performance of one element over the others – as a measure of overall contract quality.
Supplemental Notes: This paper was sponsored by TRB committee AL030 Standing Committee on Contract Law.
Monograph Title: Monograph Accession #: 01584066
Report/Paper Numbers: 16-1826
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Pologruto, MichaelEllis, AlanRobertson, T ScottPagination: 18p
Publication Date: 2016
Conference:
Transportation Research Board 95th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Identifier Terms: Subject Areas: Administration and Management; Transportation (General); I10: Economics and Administration
Source Data: Transportation Research Board Annual Meeting 2016 Paper #16-1826
Files: TRIS, TRB, ATRI
Created Date: Jan 12 2016 4:47PM
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