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Title:

Contractual Means of Achieving High-level Performance in Transit Contracts
Cover of Contractual Means of Achieving High-level Performance in Transit Contracts

Accession Number:

01485298

Record Type:

Monograph

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

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Order URL: http://worldcat.org/isbn/9780309259095

Abstract:

This digest explores the use by transit agencies of performance-based provisions in their contracts and identifies legal and other restrictions on an agency’s use of incentives or liquidated damages in its contracts. The report also examines how agencies determine the amounts of incentives and liquidated damages to specify in their contracts and whether there are any risks or adverse consequences associated with the use of clauses such as litigation, claims, delays, limiting of competition, problems in enforcement, and increased costs. In addition, the report discusses the contractual provisions that have been successful and identifies practices that appear to be effective to achieve early or on-time performance. The printed version of the report includes a CD-ROM, CRP-CD-134, that contains Appendix C--Index to Performance-based Clauses and Standards.

Language:

English

Authors:

Thomas, Larry W

Editors:

McDaniel, James B

Pagination:

43p

Publication Date:

2013-6

Serial:

TCRP Legal Research Digest

Issue Number: 43
Publisher: Transportation Research Board

ISBN:

9780309259095

Media Type:

Print

Features:

Appendices; CD-ROM; Tables

Subject Areas:

Administration and Management; Public Transportation; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Jun 28 2013 1:46PM